This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s): - for measuring the Market Risk of its investment portfolio [Market Risk for the Central Bank of Ireland is primarily the risk of losses on its investment portfolio holdings due to adverse interest rate movements]; - for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and; - to assist with Strategic Asset Allocation decisions for its investment portfolio [Strategic Asset Allocation decisions for the Bank pertain to decisions regarding currency composition and asset allocation].
Deadline
The time limit for receipt of tenders was 2013-05-26.
The procurement was published on 2013-04-12.
Contract notice (2013-04-12) Object Scope of the procurement
Title: Sales, marketing and business intelligence software package
Quantity or scope:
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):- for measuring the Market Risk of its investment portfolio [Market Risk for the Central Bank of Ireland is primarily the risk of losses on its investment portfolio holdings due to adverse interest rate movements];- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;- to assist with Strategic Asset Allocation decisions for its investment portfolio [Strategic Asset Allocation decisions for the Bank pertain to decisions regarding currency composition and asset allocation]
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):- for measuring the Market Risk of its investment portfolio [Market Risk for the Central Bank of Ireland is primarily the risk of losses on its investment portfolio holdings due to adverse interest rate movements];- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;- to assist with Strategic Asset Allocation decisions for its investment portfolio [Strategic Asset Allocation decisions for the Bank pertain to decisions regarding currency composition and asset allocation]
Procedure
Procedure type: Open procedure
Type of bid: Submission for one or more lots
Award criteria
The most economic tender
Contracting authority Identity
Country: Ireland 🇮🇪
Awarding authority type: Body governed by public law
Awarding authority name: Central Bank of Ireland
Postal address: Dame Street, PO Box 559
Postal code: 2
Postal town: Dublin
Contact
Internet address: http://www.centralbank.ie🌏
E-mail: michelle.claffey@centralbank.ie📧
Phone: +353 12246406📞
Object Scope of the procurement
Short description:
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):
- for measuring the Market Risk of its investment portfolio [Market Risk for the Central Bank of Ireland is primarily the risk of losses on its investment portfolio holdings due to adverse interest rate movements];
- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;
- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;
- to assist with Strategic Asset Allocation decisions for its investment portfolio [Strategic Asset Allocation decisions for the Bank pertain to decisions regarding currency composition and asset allocation].
Lot number: 1
Title of the lot: Market Risk
Short description:
Market risk measurement includes the calculation and monitoring of market risks according to established industry standards, at transaction, instrument and aggregate portfolio level.
Lot number: 2
Title of the lot: Credit Risk
Short description:
Credit risk measurement includes the calculation and monitoring of credit risk, according to established industry standards at transaction, instrument and aggregate portfolio level.
Lot number: 3
Title of the lot: Strategic Asset Allocation Tool
Short description:
This tool will provide a formal mathematical approach to making investment decisions across a collection of financial instruments or assets. The classical approach, known as modern portfolio theory (MPT), involves categorizing the investment universe based on risk (standard deviation) and return, and then choosing the mix of investments that achieve a desired risk versus return trade-off
This tool will provide a formal mathematical approach to making investment decisions across a collection of financial instruments or assets. The classical approach, known as modern portfolio theory (MPT), involves categorizing the investment universe based on risk (standard deviation) and return, and then choosing the mix of investments that achieve a desired risk versus return trade-off
Additional information about the lots:
All information in relation to this competition is available on the Irish Government Public Procurement website. www.etenders.gov.ie
Quantity or scope:
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):
This public procurement competition relates to the provision of IT applications to assist the Central Bank of Ireland in the management of its investment portfolio activities. In particular, the Central Bank of Ireland requires an IT application (s):
- for measuring the Market Risk of its investment portfolio [Market Risk for the Central Bank of Ireland is primarily the risk of losses on its investment portfolio holdings due to adverse interest rate movements];
- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;
- for measuring the Credit Risk of its investment portfolio [Credit Risk for the Central Bank of Ireland is the risk of losses on its investment portfolio holdings due to a counterparty failing to repay an obligation or the risk of losses due to deteriorating credit quality] and;
- to assist with Strategic Asset Allocation decisions for its investment portfolio [Strategic Asset Allocation decisions for the Bank pertain to decisions regarding currency composition and asset allocation]
Place of performance
Main site or place of performance: Dublin, Ireland.
Legal, economic, financial and technical information Conditions for participation
Suitability to pursue the professional activity: Please refer to the information within the tender documentation.
Economic and financial standing: Please refer to the information within the tender documentation.
Technical and professional ability: Please refer to the information within the tender documentation.
Contract execution
Deposits and guarantees required: Please refer to the information within the tender documentation.
Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them: Please refer to the information within the tender documentation.
Legal form to be taken by the group of economic operators to whom the contract is to be awarded: Please refer to the information within the tender documentation.
Procedure
Tender opening date: 2013-05-26 📅
Languages
Language: English 🗣️
Complementary information Review body
Name: The Four Courts
Postal address: Inn's Quay, Dublin 7
Country: Ireland 🇮🇪
Internet address: http://www.courts.ie🌏 Service from which information about the review procedure may be obtained Same as: Review body
Source: OJS 2013/S 074-124143 (2013-04-12)