Treasury Management System ("TMS")
- This RFP had a pre-bid event.
The Bank invites qualified companies to submit proposals to provide a Treasury Management System ("TMS"), the configuration and implementation services necessary for its proper operation, and pre and post-implementation support.
The TMS is intended to support the two treasury centers within the bank, namely The Bank Treasury (TRE), and The International Finance Corporation Treasury (IFC).
The bank desires to purchase and implement a Treasury Management System, consistent with fulfilling its needs of both treasuries, and is soliciting technical solutions, cost proposals and specific information in order to acquire a system and services that accomplishes this goal.
To support its present and future needs, the Bank wishes the new system to be flexible and robust. Users will need to access the system from remote sites in case of emergency and backup. The high level current functionality from the product includes but not limited to the following
1. Payment and Receipt (outgoing/incoming payment) processing
2. Cash Positioning
3. Bank Account Management
4. Bank Account Reconciliations
5. Ledger integration
6. Investigations
7. Liquidity Management
Companies interested in receiving this RFP and responding to it may do so by certifying that they meet the Mandatory Criteria.
In order to satisfy these mandatory requirements, interested companies must request a Mandatory Criteria Certification Package,
