ALM (Asset Liability Management) software
Awarded
The competition has ended and a winner has been selected.
- Deadline
- Nov 21, 2024Expired
- Award
- Quality 50%
Brief
Finnvera is a state-owned special financier and Finland's official export credit agency (ECA). Finnvera strengthens the operating conditions and competitiveness of Finnish companies by offering guarantees, loans and export guarantees. Finnvera's strategic goal is to allocate the majority of funding to growing and internationalizing companies, investments, changes of ownership and exports. The goal of Finnvera's operations is effectiveness, which means that with the help of our financing, our customers create and achieve turnover, financial results and jobs that would not have been possible otherwise. As a state-owned financial company, Finnvera complements the financial market and shares the risk involved in financing with other financiers. Finnvera's operations are guided by the relevant special legislation, the economic and ownership policy goals set by the state, and the company's own strategy. The procurement is based on the European Banking Authority's (EBA) updated guidance regarding interest rate risk in the banking book (IRRBB) and credit spread risk in the banking book (CSRBB) (EBA/GL/2022/14), as well as the supervisor's updated tests for outlier values (the Supervisory Outlier Test, EBA/RTS/2022/10). The object of the procurement is a balance sheet management system/software (ALM-system), which is capable of calculating various stress scenarios for interest rates and credit risk spreads set by the supervisor, and which can also be used for internal modelling. In addition, the balance sheet management system must enable a wide range of stress testing other than the aforementioned regulation, thus providing benefits more widely. The scope of the procurement is described in more detail in Annex 1, Object of the procurement .
Result
- MORS Software OyWinner
- 8Number of tenders received
- €500,000Contract value
Custom Assessment Criteria
Get answers to your bid/no-bid criteria
Set them up once and Cobrief answers them in every tender
Will you bid?
The agent sets up the bid and writes the first draft. Free for 14 days.
Award Criteria
Description
Price
Source
No source found in the documents. Check the weight against the tender documents.
Description
Quality
Source
No source found in the documents. Check the weight against the tender documents.
Previous winners
Who are you up against?
The suppliers who have won similar contracts at Finnvera Oyj
From the notice
Finnvera is a state-owned special financier and Finland's official export credit agency (ECA). Finnvera strengthens the operating conditions and competitiveness of Finnish companies by offering guarantees, loans and export guarantees. Finnvera's strategic goal is to allocate the majority of funding to growing and internationalizing companies, investments, changes of ownership and exports. The goal of Finnvera's operations is effectiveness, which means that with the help of our financing, our customers create and achieve turnover, financial results and jobs that would not have been possible otherwise. As a state-owned financial company, Finnvera complements the financial market and shares the risk involved in financing with other financiers. Finnvera's operations are guided by the relevant special legislation, the economic and ownership policy goals set by the state, and the company's own strategy. The procurement is based on the European Banking Authority's (EBA) updated guidance regarding interest rate risk in the banking book (IRRBB) and credit spread risk in the banking book (CSRBB) (EBA/GL/2022/14), as well as the supervisor's updated tests for outlier values (the Supervisory Outlier Test, EBA/RTS/2022/10). The object of the procurement is a balance sheet management system/software (ALM-system), which is capable of calculating various stress scenarios for interest rates and credit risk spreads set by the supervisor, and which can also be used for internal modelling. In addition, the balance sheet management system must enable a wide range of stress testing other than the aforementioned regulation, thus providing benefits more widely. The scope of the procurement is described in more detail in Annex 1, Object of the procurement .Main features of the procedureThe contract will be awarded through an open procedure. The contract concerns a procurement that exceeds the EU threshold value. The procurement will take place in compliance with the Act on Public Contracts (1397/2016). If none of the received tenders meet the requirements of the invitation to tender or if the circumstances during the tendering process change preventing the contracting authority from utilizing the results of the tendering process, the contracting authority shall interrupt the tendering process either partially or wholly. No compensation will be payable to tenderers for preparing a tender, presenting it or otherwise taking part in the procedure. The tender documents are available in English
Contact
Procurementhankinnat@finnvera.fi- ResultType
- 72000000Main codeIT services: consulting, software development, Internet and support