ACAN 24-811 - FACT to CreditLense
Solicitation number 24-811
Publication date
Closing date and time 2024/06/27 13:00 EDT
Last amendment date
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
Contract duration
The estimated contract period will be 66 month(s), with a proposed start date of 2024/06/27.
Trade agreements
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Canadian Free Trade Agreement (CFTA)
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Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
Reason for limited tendering
A contracting officer can use limited tendering for specific reasons outlined in the applicable trade agreements. The reason for this contract is described below:
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Exclusive Rights
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Contact information
Contracting organization
- Organization
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Export Development Canada
- Address
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150 Slater Street
Ottawa, Ontario, K1A 1K3Canada
- Contracting authority
- Scott Farrell
- Phone
- (343) 551-7454
- Email
- sfarrell@edc.ca
Bidding details
Full details regarding this tender opportunity are available in the documents below. Click on the document name to download the file. Contact the contracting officer if you have any questions regarding these documents.
| Document title | Amendment no. | Language | Unique downloads | Date added |
|---|---|---|---|---|
| ACAN 24-811 - FACT to CreditLens.pdf | 001 |
English
|
7 | |
| ACAN 24-811 - FACT to CreditLens_FRA_1.pdf | 001 |
French
|
0 |
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