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Consultancy to Develop Specifications for the Acquisition of a Smart Order Router (SOR) and the Creation of a Database

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Item Details:

  • Organisation: African Development Fund
  • Reference Number: P-Z1-KF0-067
  • Published: 02 December 2022
  • Deadline: 14 December 2022 by midnight
  • Time zone: Botswana time
  • City: Gaborone
  • Country: Botswana
  • Expires: This ad has expired

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  • Item listed by: on 2022-12-02

    Item Description:

    The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

    Request for Expressions of interest

    The Southern African Development Community (SADC) Secretariat has received financing from the African Development Fund towards the cost of the MACROECONOMIC STABILITY AND FINANCIAL INTEGRATION PROJECT IN THE SADC REGION and intends to apply part of the agreed amount for this grant to payments under the contract for CONSULTANCY TO DEVELOP SPECIFICATIONS FOR THE ACQUISITION OF A SMART ORDER ROUTER (SOR) AND THE CREATION OF A DATABASE.

    The Macroeconomic Stability and Financial Integration project objective is to enhance macroeconomic stability and convergence in the SADC region and to support the development of integrated of financial markets in SADC, to facilitate the most efficient allocation of savings and investment.

    The overall objective of this assignment is to develop specifications for the design and procurement of a technology platform that will enable stock exchanges in the SADC region to connect between them and promote a single market. It includes among others analysis of the current situation of the stock exchanges, assessing the existing infrastructures, to carry out a technical analysis in order to identify and inventory the need for modifications to the existing platforms, describe the technical characteristics for the design of the architecture, define technical evaluation criteria, quality assurance/testing, define guidelines for the design of the operational model.

    The purpose of this assignment is to develop specifications for the acquisition of a Smart Order Router System (SOR) for both hardware and software, in order to create a securities trading platform that will link the 14 stock exchanges in the region.

    Scope of work:

    1. First phase: Development of the technical specifications of the Smart Order Router (SOR) system for both hardware and software and database
    2. Second Phase: Supervise the prototyping, development and installation of the Smart Order Router (SOR) platform
    3. Third Phase: To monitor the implementation of the test pilot, and ensure the parameterization process, operation of the platform is working and provide a full report.

    The detailed scope of work can be accessed on the Terms of Reference through the link: https://collab.sadc.int/s/dcoYKQ2LsJX9fiF

    Request for Expressions of interest (REOI)

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