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EBRD invites tenders for risk management engine

04 October 2006  |  3364 views  |  0 zeroes

The European Bank for Reconstruction and Development (EBRD) is inviting vendors to tender for a contract to supply, implement and support a risk management engine.

EBRD has put out a tender for a "commercially available" that will be used to measurement market and credit risk across its banking and treasury divisions.

Interested companies are invited to complete a pre-qualification questionnaire from the EBRD Web site. Each questionnaire will be evaluated and scored by a panel selected from the bank's operational departments, with the input from external consultants engaged to implement the new risk management architecture.

The two highest scoring companies will be formally invited to submit detailed proposals.

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