Tender Title: Supply, Installation, Integration, Implementation, and Maintenance of Asset & Liability Management (ALM), Fund Transfer Pricing (FTP), and Interest Rate Risk in Banking Book (IRRBB)

Reference Number: GEM/2025/B/6135472

Issuing Authority/Department: Department of Financial Services, Ministry of Finance

The objective of this tender is to engage a qualified contractor for the supply, installation, integration, implementation, and maintenance of comprehensive solutions for Asset & Liability Management (ALM), Fund Transfer Pricing (FTP), and Interest Rate Risk in the Banking Book (IRRBB). The solutions will encompass not only the technical infrastructure but also the requisite software applications vital for facilitating effective financial decision-making processes within the banking sector.

Scope of Work & Objectives

The successful bidder will be required to deliver a fully functional system encompassing the following key areas:

• Supply of necessary hardware and software components.
• Installation and integration of these components into existing banking frameworks.
• Implementation of ALM, FTP, and IRRBB solutions tailored to meet the specific needs of the banking institution.
• Ongoing maintenance and technical support to ensure optimal operation of the systems.

The primary objective is to enhance the efficiency and accuracy of financial management practices while ensuring compliance with regulatory standards.

Eligibility Criteria

To qualify for this tender, bidders must possess:

• Experience in the financial services sector, particularly in implementing financial management solutions.
• Proven track record of previous successful project delivery within similar domains.
• Registration as a legal entity with relevant certifications and licenses.

Technical Requirements

The technical capabilities expected from bidders include:

• Robust understanding of ALM and FTP frameworks.
• Ability to demonstrate successful implementations of similar systems in the past.
• Competence in maintaining data security and adhering to regulatory compliance.

Financial Requirements

Bidders must provide detailed financial proposals, including:

• Breakdown of costs associated with supply, installation, integration, and maintenance.
• Clearly defined payment terms and conditions.
• Any required financial certifications or proof of solvency.

Document Submission Details

Interested parties should compile and submit the following:

• Technical proposals addressing the scope of work.
• Financial bids clearly outlining costs.
• Evidence of eligibility criteria and previous experience.
• All submissions must be made in the specified formats indicated in the tender documentation.

Special Provisions

The tender includes special considerations:

• Provisions for Micro, Small, and Medium Enterprises (MSEs) are encouraged to participate.
• Startups that meet relevant requirements may benefit from relaxed eligibility.

Evaluation Process

Submissions will undergo a rigorous evaluation based on:

• Compliance with eligibility criteria.
• Understanding of the technical requirements.
• Cost-effectiveness of proposals.
• Previous experience and capability in delivering similar projects.

Delivery Locations

The primary delivery for the project's implementation will occur at designated banking facilities as determined by the issuing authority.

Contact Information

For additional information regarding the tender, participants are encouraged to reach out through the official channels provided by the Department of Financial Services.