Procurement Summary
Country : Canada
Summary : Acan 24-811 - Fact to Creditlense
Deadline : 27 Jun 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 102642200
Document Ref. No. : 24-811
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
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
Solicitation Type : ACAN - Advance Contract Award Notice (Formal)
Reference Number : cb-340-35799314
Location : Ottawa
: National Capital Region
Dates Publication : 2024/06/12 12:00:00 AM EDT
Closing Date : 2024/06/27 01:00:00 PM EDT
Contact Information : Scott Farrell
: (343) 551-7454
: sfarrell@edc.ca
Description : 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
Documents
Tender Notice