Procurement Summary
Country : Canada
Summary : Acan - 23-799 - Single Vendor Converged Credit Model and Rating…
Deadline : 27 Dec 2023
Other Information
Notice Type : Tender
TOT Ref.No.: 93550613
Document Ref. No. : 23-799
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
Name :Login to see tender_details
Address : Login to see tender_details
Email : Login to see tender_details
Login to see detailsTender Details
ExPORT DEVELOPMENT CANADA (EDC) ADVANCE CONTRACT AWARD NOTIFICATION (ACAN)
Description of Work
Export Development Canada (EDC) has a requirement to replace certain legacy risk tools, while modernizing and converging on a single Credit Model and rating management platform supporting multiple capabilities.
This modernized single platform will include cloud-based integrated capabilities as well as economic and financial market data/analytics data to support the development of its IFRS9 PD Model/ECL calculation. This Platform will allow EDC to undertake more efficient internal modelling, validation, and risk analysis in a centralized and converged platform.
This modernization to these critical Credit models and rating management platform includes a robust scope and will ensure EDC-s model suite is governed in a well-controlled IT environment. Core functions of the solution will include robust risk rating workflow approvals, ECL functionality, economic scenario generator functionality, and the potential for automated financial spreading using machine learning/AI, ESG/Climate Risk modelling and data, with potential to provide Asset and Liability Management capabilities. Full scope of requirement can be found below.
Requirements
Export Development Canada (EDC) has a requirement for the supply of a single vendor converged Credit model and rating management platform. The platform must contain the following essential characteristics, and perform the following essent...
Summary information
Notice type : Advance Contract Award Notice
Language(s) : English, French
Region(s) of delivery : National Capital Region (NCR)
Region of opportunity : World
Contract duration : 36 month(s)
Procurement method : Advance Contract Award Notice
Selection criteria : Not applicable
Commodity - UNSPSC Click the links below to see a list of notices associated with the UNSPSC. : 81160000 Information Technology Service Delivery See a list of notices associated with this
Procurement Mode : 2023/12/11
Closing date and time : 2023/12/27 13:00 EST
Documents
Tender Notice
edc-acan--fact-to-creditlens--final_0.pdf
edc-acan--fact-to-creditlens--final_fra_0_0.pdf