Tender for the provision of financial risk management solutions for the Central Bank of Ireland

Central Bank of Ireland

This public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its investment portfolio and monetary policy activities.
In particular, the Central Bank requires IT solutions:
1) for measuring the Credit Risk of its holdings; and
2) for measuring the Market Risk of its investment portfolio; and
3) to assist with Strategic Asset Allocation decisions for its investment portfolio.

Deadline
The time limit for receipt of tenders was 2018-08-17. The procurement was published on 2018-07-13.

Suppliers
The following suppliers are mentioned in award decisions or other procurement documents:
Who?

What?

Where?

Procurement history
Date Document
2018-07-13 Contract notice
2018-11-30 Contract award notice
Contract notice (2018-07-13)
Contracting authority
Name and addresses
Name: Central Bank of Ireland
National registration number: N/a
Postal address: PO Box 559
Postal town: Dublin 1
Postal code: New Wapping Street
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Contact person: Ronan Gordon
Phone: +353 12245136 ๐Ÿ“ž
E-mail: ronan.gordon.contractor@centralbank.ie ๐Ÿ“ง
Region: ร‰ire/Ireland ๐Ÿ™๏ธ
URL: http://www.centralbank.ie ๐ŸŒ
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/329 ๐ŸŒ
Information about joint procurement
The contract is awarded by a central purchasing body
Communication
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE ๐ŸŒ
Participation URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=132263&B=ETENDERS_SIMPLE ๐ŸŒ

Object
Scope of the procurement
Title:
โ€œTender for the provision of financial risk management solutions for the Central Bank of Ireland 2017P081โ€
Products/services: Financial markets administration services ๐Ÿ“ฆ
Short description:
โ€œThis public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its...โ€    Show more
Estimated value excluding VAT: EUR 480 000 ๐Ÿ’ฐ
Information about lots
Tenders may be submitted for all lots

1๏ธโƒฃ
Scope of the procurement
Title: Credit Risk
Title
Lot Identification Number: 1
Description
Additional products/services: Business transaction and personal business software package ๐Ÿ“ฆ
Additional products/services: Investment management software package ๐Ÿ“ฆ
Additional products/services: Sales, marketing and business intelligence software package ๐Ÿ“ฆ
Additional products/services: Portfolio management services ๐Ÿ“ฆ
Additional products/services: Financial market operational services ๐Ÿ“ฆ
Additional products/services: Electronic marketplace retailing services ๐Ÿ“ฆ
Additional products/services: Financial market regulatory services ๐Ÿ“ฆ
Additional products/services: Market and economic research; polling and statistics ๐Ÿ“ฆ
Additional products/services: Statistical services ๐Ÿ“ฆ
Place of performance: ร‰ire/Ireland ๐Ÿ™๏ธ
Main site or place of performance: Dublin
Description of the procurement: Credit Risk measurement IT solution
Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
Scope of the procurement
Estimated total value excluding VAT: EUR 1 ๐Ÿ’ฐ
Duration of the contract, framework agreement or dynamic purchasing system
The time frame below is expressed in number of months.
Description
Duration: 24
Duration of the contract, framework agreement or dynamic purchasing system
This contract is subject to renewal โœ…
Description
Description of renewals: Option to extend for an additional 24 months

2๏ธโƒฃ
Scope of the procurement
Title: Market Risk
Title
Lot Identification Number: 2
Description
Description of the procurement: Market Risk measurement IT solution.
Scope of the procurement
Estimated total value excluding VAT: EUR 1 ๐Ÿ’ฐ
Description
Description of renewals: Option to extend for a further 24 months.

3๏ธโƒฃ
Scope of the procurement
Title: Strategic Asset Allocation
Title
Lot Identification Number: 3
Description
Description of the procurement: Strategic Asset Allocation IT solution.
Scope of the procurement
Estimated total value excluding VAT: EUR 1 ๐Ÿ’ฐ
Description
Description of renewals: Option to extend for an additional 24 months.

Legal, economic, financial and technical information
Conditions for participation
List and brief description of conditions: Please refer to the ITT Document.
Economic and financial standing
Selection criteria as stated in the procurement documents
Technical and professional ability
Selection criteria as stated in the procurement documents
Conditions related to the contract
Contract performance conditions: Please refer to the ITT Document.

Procedure
Type of procedure
Open procedure
Administrative information
Time limit for receipt of tenders or requests to participate: 2018-08-17 15:00 ๐Ÿ“…
Languages in which tenders or requests to participate may be submitted: English ๐Ÿ—ฃ๏ธ
Tender must be valid until: 2019-02-17 ๐Ÿ“…
Conditions for opening of tenders: 2018-08-17 15:00 ๐Ÿ“…

Complementary information
Review body
Name: The High Court of Ireland
Postal address: Four Courts
Postal town: Dublin
Postal code: 1
Country: Ireland ๐Ÿ‡ฎ๐Ÿ‡ช
Phone: +353 18560000 ๐Ÿ“ž
Source: OJS 2018/S 135-308605 (2018-07-13)
Contract award notice (2018-11-30)
Object
Scope of the procurement
Title:
โ€œTender for the Provision of Financial Risk Management Solutions for the Central Bank of Ireland 2017P081โ€
Short description:
โ€œThis public procurement competition relates to the provision of Information Technology (IT) solutions to assist the Central Bank in the management of its...โ€    Show more
Total value of the procurement (excluding VAT): EUR 630 000 ๐Ÿ’ฐ
Information about lots
This contract is divided into lots โœ…
Description
Description of the procurement: Credit risk measurement IT solution.
Award criteria
Price
Description
Description of the procurement: Market risk measurement IT solution.
Description of the procurement: Strategic Asset Allocation IT solution

Procedure
Administrative information
Previous publication concerning this procedure: 2018/S 135-308605

Award of contract

1๏ธโƒฃ
Contract Number: 1
Lot Identification Number: 1
Title: Credit Risk
Date of conclusion of the contract: 2018-11-27 ๐Ÿ“…
Information about tenders
Number of tenders received: 2
Number of tenders received from tenderers from other EU Member States: 1
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 2
Name and address of the contractor
Name: MSCI Inc
National registration number: GB 927 3475 04
Postal address: Ten Bishops Square
Postal town: London
Postal code: City of London
Country: United Kingdom ๐Ÿ‡ฌ๐Ÿ‡ง
Phone: +44 2073369221 ๐Ÿ“ž
E-mail: lilly.schmit@msci.com ๐Ÿ“ง
Region: Camden and City of London ๐Ÿ™๏ธ
URL: http://www.msci.com ๐ŸŒ
The contractor is an SME
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 ๐Ÿ’ฐ
Total value of the contract/lot: EUR 1 ๐Ÿ’ฐ

2๏ธโƒฃ
Contract Number: 2
Lot Identification Number: 2
Title: Market Risk
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 ๐Ÿ’ฐ
Total value of the contract/lot: EUR 1 ๐Ÿ’ฐ

3๏ธโƒฃ
Contract Number: 3
Lot Identification Number: 3
Title: Strategic Asset Allocation
Information on value of the contract/lot (excluding VAT)
Estimated total value of the contract/lot: EUR 1 ๐Ÿ’ฐ
Total value of the contract/lot: EUR 1 ๐Ÿ’ฐ
Source: OJS 2018/S 233-533045 (2018-11-30)