New York State Contract Reporter #2135080

NYSIF Solicits Structured Product Investment Analytic and Cash Flow System for Securitized Fixed Income Securities

The New York State Insurance Fund (NYSIF) is seeking proposals for a Structured Product Investment Analytic and Cash Flow System to support its securitized fixed income securities portfolio. - Government Buyer: - New York State Insurance Fund (NYSIF), Procurement Unit - Products/Services Requested: - Structured Product Investment Analytic and Cash Flow System - Must support modeling and analysis for multiple asset classes: - Non-Agency and Agency Residential Mortgage Backed Securities (RMBS) - Credit Risk Transfer securities (STACR, CAS) - Asset Backed Securities (Auto ABS, Credit Card ABS, Student Loans, Aircraft Financing, Equipment Financing, other receivables) - Agency and Non-Agency Commercial Mortgage Backed Securities (CMBS) - Collateralized Loan Obligations (CLO) - Reverse Mortgages - Must provide timely collateral data updates - Must accept and be compatible with 'new-issue' deal model files from dealers - Must have broad adoption among major money managers, insurance companies, and broker-dealers - Minimum of ten years of continuous operating history - Must integrate with third-party systems, specifically Aladdin/Blackrock Financial Management - System Implementation and Integration Services - Implementation and integration with third-party platforms - Notable Requirements: - System must demonstrate broad market adoption and proven reliability - No MWBE or SDVOB set-aside goals - Past contract for similar services was awarded to Intex Solutions, Inc. - Place of Performance: - Insurance Fund - NYS Procurement Unit, 15 Computer Drive West, Albany, NY 12205

Description

NYSIF is seeking proposals from qualified firms to provide a Structured Product Investment Analytic and Cash Flow System for securitized fixed income securities. The contract term is five years with two one-year extension options. The system must support cash flow models for various asset classes including RMBS, ABS, CMBS, CLO, and reverse mortgages, update collateral data timely, accept new-issue deal model files, and demonstrate broad market adoption. Additionally, the system should have at least ten years of operating history and be integrable with third-party systems such as Aladdin/Blackrock Financial Management.

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