Opportunity

CanadaBuys #mx-443957795319

Third-Party Ongoing Monitoring and Cybersecurity Risks Ratings Solution for BDC

Posted

October 04, 2023

Identifier

mx-443957795319

NAICS

541512

The Business Development Bank of Canada (BDC) is seeking a solution to enhance its Third-Party Risk Management (TPRM) InfoSec capabilities as part of its cybersecurity and operational strategy. - Government Buyer: - Business Development Bank of Canada (BDC) - Products/Services Requested: - Third-Party Ongoing Monitoring and Cybersecurity Risks Ratings Solution - Purpose: Modernize and consolidate TPRM InfoSec capabilities - Focus: Structured, risk-based, and scalable management of third-party risks throughout their lifecycle - Goal: Improve efficiency, governance, and visibility to meet regulatory and organizational requirements - OEMs and Vendors: - No specific OEMs or vendors are mentioned in the notice - Unique or Notable Requirements: - Solution must support the entire third-party risk lifecycle - Emphasis on scalability, structured risk management, and regulatory compliance - Open for competitive bidding; no product part numbers or quantities specified - Period of Performance: - Estimated contract duration is 48 months - Place of Performance: - Business Development Bank of Canada, 5, Place Ville-Marie, Montréal, Quebec, H3B 5E7, Canada

Description

BDC seeks to acquire a solution to modernize and consolidate its Third-Party Risk Management (TPRM) InfoSec capabilities as part of its broader cybersecurity and operational strategy. The initiative aims to enable a structured, risk-based, and scalable approach to managing third-party risks throughout their lifecycle. The solution will improve efficiency, governance, and visibility to support regulatory and organizational requirements. The contract duration is estimated to be 48 months.

View original listing