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Financial Risk Architecture Simplification Solution & Services

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What the buyer wrote

Through this procurement process the Bank is seeking to select an Economic Operator who can provide the following services*: - Provision of technology products including software ,hardware and related services. - Solution Capability to support the following use cases a) Limits Configuration in System - ability to accurately apply limits at point of trade against a variety of different models and metrics. b) Trade Controls - visibility into real time limits usage, the ability to block trade input that would breach trade limits, and limit reserving/optimisation. c) Evaluation and Risk Modelling - ability to plumb custom built models in the risk system and distribute calculations effic…

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Details

What the buyer calls it
Financial Risk Architecture Simplification Solution & Services
How they are buying
Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
29 Apr 2020
Work ends
29 Apr 2025

Who the buyer named

The buyer published a contact address on this notice.

Corporate.contracts@bankofengland.co.uk