SEBI is looking for a storage vendor who can store and provide access to 20 crore digital documents

The Security and Exchange board of India, shortly known as SEBI is looking for a storage vendor who can store 20 crore digital documents on hardware or software. The Indian regulator for securities is looking for a service vendor who could handle the mammoth task of providing electronics data storage and web services for a database of 20 crore scanned pages.

The scanned documents will be related to the long running case of Sahara group which is pending in the Supreme Court of India since August 2012. The documents will be related to the info of investors who have invested in Sahara Group.

SEBI was mandated by the court to examine the documents submitted by Sahara, whose Chief Subroto Roy is in Tihar Jail for over 18 months, to ascertain the genuineness of Rs 24,000-25,000 crore deposits.

SEBI has been inviting refund applications from investors through various platforms, including newspapers and its own website, and the process of returning investors’ money is underway after ascertaining genuineness of their claims.

In connection with this matter, which is being overseen by a retired Judge appointed by the Supreme Court, SEBI has generated about 20 crore pages of PDF documents and a database created out of them.

The total volume of this electronic data, including the PDF files, is 70 terabytes.

In a tender inviting bids for its ‘Electronic Data Storage and Web Access Project’ with regard to the Sahara case, the regulator said, “SEBI would like to avail the services of any third party server hosting vendor to take over, store and maintain the aforesaid electronic data of 70TB and also to provide the services of web access to the data.”

The vendor would be required to provide storage facility for 70TB of electronic data, including PDF files comprising of about 20 crore pages and also the facility for access to the said electronic data either to the users situated in SEBI headquarters in Mumbai or to any other third party as desired by the regulator.

The contract will be initially for three years and can be renewed for a further period.

The scope of work also includes making necessary arrangements to take over the electronic data from a third party server, store them in appropriate hardware/software environment, maintain the same and provide access to the said electronic data by establishing cross reference amongst the components of electronic data.

Besides, the job would also include generation of reports/ execution of various queries from the electronic data provided, based on the report criteria/attributes and the format of such reports to be provided by SEBI.

The successful bidder will be required to arrange for migration of the data including the image files and the meta-data and also ensure that the digital storage has safe and adequate back-up measures.

Further, the electronic data would need to be web hosted for remote access by the representatives of SEBI and its authorized agents.

For details log-on to SEBI website


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s