The Federal Deposit Insurance Corp. is soliciting proposals to provide a comprehensive cloud-based investment management system that will replace the existing Portfolio Reporting, Trading, and Investment Analysis system.
A notice recently posted on SAM.gov said the new cloud-based application, referred to as the Portfolio Investment Management System, or PIMS, must enable the FDIC to effectively manage cash and investments, review daily and historical pricing data of all securities held, and integrate with Bloomberg to obtain financial information, among other related business processes.
Specifications of the RFP
According to the PIMS statement of work, the selected contractor must provide a scalable and flexible commercial-off-the-shelf application that can be accessed from users’ authorized vDesks; professional services for system implementation, including application stand-up, configurations, data migration from legacy systems, application testing and user documentation; and hosting and operations, maintenance and enhancements for the new system.
The FDIC requires the PIMS to integrate security and privacy controls compliant with related federal laws, regulations, policies and standards.
Interested companies have until Dec. 9 to submit questions to the FDIC and until Jan. 3 to send their proposals.
