International Finance Corporation (IFC, the Corporation), established in 1956, is a member of the World Bank Group and the largest global development institution focused exclusively on the private sector. IFC conducts businesses with a wide variety of clients, not only large, established private and public corporations, but also increasingly microfinance institutions and Small and Medium Enterprises (SMEs).
The International Finance Corporation (IFC) is seeking proposals from qualified vendors for a comprehensive Investment Risk Platform (IRP) to replace its existing solution. The IRP is central to IFC’s investment lifecycle, supporting critical business processes such as investment origination and supervision, pricing, RAROC, and economic capital.
IFC is looking for a modern, integrated solution that can seamlessly support the capabilities including, but not limited to,
Core Functional Requirements
? Financial Statement Spreading: Automated ingestion and analysis of financials.
? Credit Risk Rating: Support for internal rating templates including Probability of Default (PD), Loss Given Default (LGD), and Instrument Rating.
? Annual Credit Review Workflow: Configurable workflows for review and approval of credit assessments, including ad-hoc reviews.
? Workflow Management: Status tracking, dashboards, ticklers, and automated email notifications.
? Reporting & Archiving: Generation of reports and historical archives of approved ratings.
? System Integration - Upstream & Downstream
The RFP package may be obtained by sending an email to the designated Category Manager, referencing the following information:
1. Solicitation Number
2. Company Name
3. Contact Person Name and Title
4. Address
5. Telephone Number
6. Fax Number
7. Contact's Email Address
Interest from potential firms to receive the RFP package shall be directed to the following designated Corporate Procurement Category Manager, Narayanan Ramesh at nramesh@worldbank.org.