Investment Software System 1 Year Term

The City of Houston is soliciting bids for an automated and configurable investment management software platform to oversee its fixed-income investment portfolios, which have a market value of approximately 7.4 billion dollars. The primary objective is to eliminate manual reconciliations and spreadsheet dependency by implementing a system that provides real-time tracking, an integrated investment ledger, and automated calculations for interest accruals and mark-to-market valuations. Key deliverables include the provision of interest rate risk metrics, policy compliance reporting, and comprehensive implementation services encompassing data migration, tailored configuration, and operational training. The system must feature role-based security permissions, full audit trails, and built-in reconciliation tools to ensure data integrity. The contract will be awarded to a responsive and responsible bidder, primarily based on the overall low net bid meeting all specifications, though the City reserves the right to award based on individual items or the overall best bid. Qualified vendors must demonstrate experience managing portfolios of a similar scale and provide a technical roadmap addressing evolving industry practices. Bidders are required to submit descriptive software literature and certify compliance with various legal standards, including Equal Opportunity employment, anti-collusion measures, and Texas Government Code regarding foreign terrorist organizations. Payment terms are set at thirty days following invoice approval or acceptance of services.