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.

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ACAN 24-811 - FACT to CreditLense

Closed

24-811International

Submission Closed06/27/2024, 01:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541512

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about 12 hours ago

DEADLINE

in about 1 month

AI Contract Overview

Export Development Canada is seeking to replace its legacy risk tools by implementing a modernized, converged Credit Model and rating management platform. This cloud-based solution is designed to centralize internal modelling, validation, and risk analysis while integrating economic and financial market data to support IFRS9 PD Model and ECL calculations. The initiative aims to establish a well-controlled IT environment for governing the organization's critical model suite. The scope of the platform includes core functions such as risk rating workflow approvals, an economic scenario generator, and ECL functionality. Additionally, the project explores advanced capabilities including machine learning and AI for automated financial spreading, ESG and climate risk modelling, and potential Asset and Liability Management tools. This solicitation, identified as ACAN 24-811, is managed by the Government of Canada with performance centered in the National Capital Region and Ottawa.

General Info

Export Development Canada seeks a cloud-based credit model and risk management platform implementation.

Agency

Government of Canada → Export Development Canada

NAICS

541512 - Computer Systems Design Services

Place of Performance

*National Capital Region (NCR) *Ottawa, CAN

Set-Aside

NONE

Documents

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseClosed

PostedJun 27

Solicitation

Response DeadlineJun 27

Deadline has passed

Submission Closed

06/27/2024, 01:00:00 PM UTC

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Organization & Contact Information

AgencyGovernment of Canada → Export Development Canada

Contacts1 person available

OfficeN/A

Organization / AgencyGovernment of Canada → Export Development Canada

Office AddressN/A

Contacts

Scott FarrellPoint of Contact

contact@example.gov

+1 (555) 000-0000

Full 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

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