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RFP for Treasury Management System
Details
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Tender Closed
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| RFx ID : | 25639228 |
| Tender Name : | RFP for Treasury Management System |
| Reference # : | |
| Open Date : | Friday, 1 April 2022 4:30 PM (Pacific/Auckland UTC+13:00) |
| Close Date : | Friday, 6 May 2022 12:00 PM (Pacific/Auckland UTC+12:00) |
| Tender Type : | Request for Proposals (RFP) |
| Tender Coverage : | Sole Agency [?] |
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| Exemption Reason : | None |
| Required Pre-qualifications : | None |
| Contact : |
Procurement Team procurement@kaingaora.govt.nz 0800 801 601 |
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| Alternate Physical Fax Number : | |
| Agency Address : | NEW ZEALAND |
Project Context:
The mandate for Kainga Ora treasury operations has expanded with capital market debt issuance currently at $6.5 billion. Growth in the level of market debt issuance brings complexity both from a Treasury Management System (TMS) and an operational perspective.
Currently Kainga Ora uses an on premise TMS and manual processes to manage its treasury operations, which means that there is no one source of truth, with core functionality for cash management, hedge accounting, financial reporting, analytics and risk compliance maintained in multiple repositories. As treasury operations scale up for projected growth, the TMS must have sufficient capacity and rigour to accommodate both current and future requirements.
To resolve these current requirements and to realise Kainga Ora's ambitions of enabling a 'one source of truth' platform that will allow comprehensive management of treasury operations and ensure that Kainga Ora has the capability to meet new and increasing technical requirements, we need to improve the systems we rely on. Equally, flexible digital systems with more capacity are required to respond quickly and effectively to demand.
Therefore, Kainga Ora is seeking to select and implement a TMS that captures and manages financial information for the treasury operations areas of Markets, Risk and Settlements, and is hosted either by the Respondent or a Third Party Hosting Service.
Kainga Ora is seeking a long-term partnership with the selected Respondent that will allow Kainga Ora to focus on its core business and have access to expertise that can support the TMS and future growth aspirations of treasury operations.
It is required that Kainga Ora will have a fully tested and operational TMS commissioned by no later than March 2023. Time is therefore of the essence.
RFP documents can be downloaded free of charge from www.tenderlink.com/kaingaora/. Tender reference KOHC-1014346. All submissions and queries must be made via Tenderlink. If you have any issues with Tenderlink, please contact Tenderlink on 0800 698 363
This tender has been awarded. Total spend value $ 2,000,000.
- FIS Capital Markets
Further Award Information:
Term of the Contract/s: 5 years + 5 years
Type of Procurement process used: Open RFP
Award Date: Monday, 3 October 2022 (Pacific/Auckland UTC+13:00)
Date RFx was completed/updated: Wednesday, 12 October 2022 12:03 PM (Pacific/Auckland UTC+13:00)
