Economic Scenario Generator
key details
| Value | £400,000 |
|---|---|
| Status | active |
| Category (CPV) | 66500000 +1 more |
| Region | London |
| Deadline | 16 Oct 2015 |
| Contract start | 4 Apr 2016 |
| Contract end | 3 Apr 2019 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-cd738e43-adc8-11e6-9901-0019b9f3037b |
description
The Board is seeking to procure a licence for an economic scenario generator for use in assumption-generation for a range of medium and long-term modelling.
The chosen candidate must be able to provide a real-world calibration of an appropriate timeframe, including outputs for a sufficiently broad range of asset classes given the investment strategy of the Board and the pension schemes it protects. The outputs should also facilitate the projection of the liabilities of the Board and those of the pension scheme it protects.
The chosen candidate should be able to provide a regular, well-justified and researched “house view” calibration. However, the solution should also provide the flexibility to apply user-defined calibrations. The Board conducts regular stress testing and the chosen solution should be able to support deterministic, stochastic and deterministic-to-stochastic stresses and scenarios.
As well as appropriate technical functionality, the successful candidate will also provide technical support, training and knowledge sharing, committing to a range of SLAs and regular feedback sessions to ensure client satisfaction.
It is essential that the solution is compatible with the Board’s IT systems.
documents
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a89de4a6-c9a2-4ef4-bb67-dfa4889a88b4 , application/pdf
- https://www.contractsfinder.service.gov.uk/Notice/f75b4890-71d0-416d-966a-0324f72136a0 , tenderNotice
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notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 21 Sept 2015 | Tender (tender) | · | ocds-b5fd17-cd738e43-adc8-11e6-9901-0019b9f3037b-74787-itt-102 |
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source
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