This Solicitation opportunity from Government of Canada was posted on June 27, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
ACAN 24-811 - FACT to CreditLense
Closed
24-811CanadaSubmission Closed
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
General Info
Agency
Government of Canada → Export Development CanadaView Agency
NAICS
N/A
Place of Performance
*National Capital Region (NCR) *Ottawa, CANSet-Aside
NONE
Documents
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Timeline
PhaseClosed
Submission Closed
Organization & Contact Information
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AgencyGovernment of Canada → Export Development Canada
Contacts1 person available
OfficeN/A
Office AddressN/A
Contacts
Full Description
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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
