Financial Risk Architecture Simplification Solution & Services

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 efficiently. d) End of Day calculations- ability to aggregate data from a variety of systems and databases, call calculations and produce end of day processes. e) Risk Reporting - experience of creating real time risk dashboards, and the ability to allow users to create and customise reports. f) Analytics - visualisation tools and scenario what if capability, covering variations in market data and in portfolio composition. And has the capability to assist the Bank in: - Successful implementation and integration of the solution - Strategic planning and execution - Innovation in the delivery of the services - Adding additional services and/or removal of scope as required during the Term. *This list of services is not finalized or exclusive and is subject to refinement through the course of the procurement process.

It is anticipated that a maximum of five (5) Bidders will receive the invitation to tender (ITT) following the Selection Questionnaire (SQ). Electronic access to the Non-Disclosure Agreement (NDA) is available at www.bankofenglandtenders.co.uk. Suppliers who wish to participate in this procurement process must submit their expressions of interest with a signed NDA at the earliest to gain access to the SQ.