Federal Reserve Bank of New York Sentiment Analysis and Social Media Monitoring Proposal

This Request for Proposal (RFP) from the Federal Reserve Bank of New York was first published by Zero Hedge.  Some people have expressed doubts as to its authenticity.  More information on the proposal or links to the original source can be provided via our secure contact form.  Documents may be submitted via our secure upload form.

Sentiment Analysis And Social Media Monitoring Solution RFP

  • 32 pages
  • September 2011

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Federal Reserve Bank of New York (“FRBNY”) is extending to suppliers an invitation to participate in an Sentiment Analysis And Social Media Monitoring Solution RFP bid process.

The intent is to establish a fair and equitable partnership with a market leader who will who gather data from various social media outlets and news sources and provide applicable reporting to FRBNY. This Request for Proposal (“RFP”) was created in an effort to support FRBNY’s Social Media Listening Platforms initiative.

B. Background & Scope

B1. (Instruction)

I. Introduction

Social media platforms are changing the way organizations are communicating to the public Conversations are happening all the time and everywhere.

There is need for the Communications Group to be timely and proactively aware of the reactions and opinions expressed by the general public as it relates to the Federal Reserve and its actions on a variety of subjects.

B2. (Instruction)

II. Social Listening Platforms

Social media listening platforms are solutions that gather data from various social media outlets and news sources. They monitor billions of conversations and generate text analytics based on predefined criteria. They can also determine the sentiment of a speaker or writer with respect to some topic or document.

The information gathered can guide the organizations public relations group in assessing the effectiveness of communication strategies.

Here are some of the services it can offer:

o Track reach and spread of your messages and press releases
o Handle crisis situations
o Continuously monitor conversations
o Identify and reach out to key bloggers and influencers
o Spot emerging trends, discussions themes and topics

B3. (Question)

III. Mandatory Minimum Solution Requirements

A. Geographic scope of social media sites

The solution must support content coming from different countries and geographical regions. It should also support multiple languages.

B. Content and Data Types

The solution must be able to gather data from the primary social media platforms –Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc.

C. Reports and Metrics

The solution must provide real-time monitoring of relevant conversations. It should provide sentiment analysis (positive, negative or neutral) around key conversational topics.

It must be able to provide summaries or high level overviews of a specific set of topics. It should have a configurable dashboard that can easily be accessed by internal analysts or management. The dashboard must support customization by user or group access.

The solution should provide an alerting mechanism that automatically sends out reports or notifications based a predefined trigger.

D. FRBNY Technology Integration

The solution must be able to integrate with existing FRBNY technologies such as: Google Search appliance, Lotus notes suite and web trends.

It must have support for single sign on or windows integrated authentication.

13 comments for “Federal Reserve Bank of New York Sentiment Analysis and Social Media Monitoring Proposal

  1. Not scarey enough
    September 27, 2011 at 8:59 pm

    Very, very boring story, wish there was actually something more frightening then this happening in this dull world.

  2. Paul
    August 20, 2012 at 5:46 am

    This article is very important. Most people that are completely tuned into the design objectives of the Rothchilds and the one world order know exactly what this article represents. It is a comprehensive threat assessment and detailed data catalog of every living person. The Rothchilds will be capable of targeting and withholding financial privileges to anyone in any banking system they find is a threat for any reason. When the medical microchip implant becomes upgraded to financial services then such data targeted persons can expect the full wrath of the Rothchilds with denial of service. That means you may very well loose you job and become poor and most likely starve to death. Don’t laugh it’s coming.

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