Provision of Chief Data Officer Services to establish an Enterprise Data Management Office OSC201819M-137R (the “RFP)
Ontario Securities Commission
20 Queen Street West, F22, Box 55
Toronto ON M5H 3S8
The Ontario Securities Commission (“OSC”) is soliciting competitive proposals from respondents for the services of a highly qualified and experienced Chief Data Officer (CDO) to establish an OSC Enterprise Data Management Office (the “Services”) as further described in Article 3.
The potential scope of services to be provided under the contemplated engagement includes, but is not limited to:
Chief Data Officer (CDO), Enterprise Data Management Office. The OSC is soliciting competitive proposals from respondents for the services of a highly qualified and experienced Chief Data Officer to establish an Enterprise Data Management Office (the “Services”). The selected respondent’s proposed resource will be expected to work onsite at 20 Queen Street West, Toronto, Ontario.
Services Requested.
Provision of a Chief Data Officer (CDO), Enterprise Data Management Office – Strategy & Operations, 15+ Years’ Experience
The selected respondent will provide a results-oriented individual who has senior level experience in developing and leading the start-up phase of a data management and governance function at an enterprise-wide level.
The CDO will provide an integrated vision, strategy and governance to the data management initiatives, directly impacting the OSC’s effectiveness in being a data-driven, risk-focused, evidence-based organization.
Employing a “hub and spoke” model, the Enterprise Data Management Office will oversee the execution of all data management and analytics operations (but not necessarily delivering those initiatives directly). Critical expected outcomes include:
- Execution on the data management roadmap with incremental adjustments;
- Design of an operating model to enable enterprise-wide data management;
- An enterprise-wide business intelligence and analytics strategy; and
- Increased organizational data management, business intelligence and analytics competency and capacity.
Anticipated Start Date: January 21, 2019
Anticipated End Date: December 31, 2020
Responsibilities and Outcomes
During this design and start-up phase, the CDO, Enterprise Data Management Office is expected to carry out the following responsibilities, and deal with other related matters that could arise, to deliver on stated outcomes:
Data Governance
Establish an Enterprise Data Management Office to own and manage OSC’s data management strategy and roadmap in alignment with broader business priorities; and
Develop and execute a communications program to increase awareness and accountability of data management across OSC; and
Ensure the OSC Board and Executive have insight into the adoption of the data program across the organization;
Data Quality
Define critical data assets required for operational and analytical needs; and
Setup and conduct ongoing monitoring and reporting on data quality for critical data assets across branches;
Metadata Management
Define business and technical metadata for critical data assets and establish data lineage; and
Improve metadata capture and introduce control points in technology development process;
Master and Reference Data Management
Define business ownership and critical success factors to track and improve master data adoption across the OSC; and
Establish master and reference data ownership for development and maintenance;
Data Lifecycle Management and Data Protection
Ensure data lifecycle management and data protection roadmap and policies align with enterprise data management strategy and roadmap;
Interaction with the Chief Information Security Officer (CISO)
Ensure data management and governance program work is aligned with the CISO work plan;
Business Intelligence (BI) and Analytics
Define an enterprise-wide BI and analytics strategy within enterprise data mandate; and
Establish analytics centre of excellence to assist branches in identifying analytical approaches to business problems and promote enterprise standards.
Knowledge Transfer
Ensure appropriate knowledge transfer to OSC staff prior to the Anticipated End Date, including documentation supporting the above deliverables, with formal review and sign-off processes as designated by the OSC, and a formalized knowledge transfer process at the conclusion of the assignment to individuals identified by the OSC
Skills and Experience
Senior leadership experience with ability to provide strategic oversight to OSC’s enterprise data organization;
Strong domain expertise and experience in managing data and analytics programs;
Ability to lead a team of functional and technical specialists;
Strong communication and influencing skills; and
Demonstrated success in organizational change management and implementation of a data management cultural mindset.
This will be a two-year contract from January 21, 2019 to December 31, 2020.
Responses to this RFP must be submitted in the English language.
This RFP is an open competitive, negotiated request for proposal.
The potential scope of services is described in detail in the RFP for Provision of Chief Data Officer Services to establish an Enterprise Data Management Office which is available through MERX at www.merx.com or 1-800-964-6379, OSC reference number OSC201819M-137R. The RFP and all updates may be obtained from Merx for $25.00 CDN.
Proposals must be received on or before 2:00 p.m. Eastern Time on December 17, 2018 by the use of MERX Electronic Bid Submission (EBS). Respondents shall be solely responsible for the delivery of their Proposals in the manner and time prescribed. Respondents must register with Merx to obtain and to submit a response to this RFP. The fee from Merx for EBS is $25.00 CDN.
Questions concerning submitting through MERX EBS should be addressed to:
MERX Customer Support:
Phone: 1-800-964-6379
Email: merx@merx.com
MERX EBS does not allow submissions to be uploaded after the Proposal Submission Deadline, so the respondent should ensure they allow plenty of time to upload the documents.
Proposals transmitted by facsimile or sent by any other means shall not be considered.
This procurement is subject to CFTA Chapter 5.
This procurement is subject to CETA Chapter 19.