CanadaBuys #RFI 26-133

EDC seeks information on model validation automation technologies and consulting services

Export Development Canada (EDC), a Canadian Crown corporation, is seeking market information on technologies and services to automate and enhance model validation processes for its diverse financial and non-financial model portfolio. - Government Buyer: - Export Development Canada (EDC), Procurement Office - Scope of Request: - Technologies, platforms, tools, and technology-enabled services for model validation automation - Focus on Generative AI, Agentic AI, workflow automation, model governance platforms, automated testing, and document intelligence - Consulting and advisory services for model validation, governance, independent testing, regulatory compliance, and reporting - Products/Services Requested: - Solutions supporting validation planning, evidence review, test execution, finding identification, report drafting, quality assurance, audit trail generation, and ongoing model risk governance - No specific part numbers or quantities; open to a wide range of technology providers and consulting firms - Unique Requirements: - Strong controls over confidentiality, data protection, information security, auditability, and regulatory compliance (especially for AI-enabled solutions) - Solutions must address validation for credit risk, insurance, capital, market risk, ESG, financial crime, AI, and generative AI models - Notable Details: - RFI is exploratory and does not seek pricing proposals or commitments - Information gathered will inform a future RFP for model validation support services - Estimated contract duration is 36 months

Description

This Request for Information (RFI) issued by Export Development Canada (EDC) seeks to understand the market for technologies, platforms, tools, and technology-enabled services that can automate, accelerate, or enhance portions of the model validation process. The focus is on solutions using Generative AI, Agentic AI, workflow automation, model governance platforms, automated testing, document intelligence, or other advanced technologies to support various validation activities including planning, evidence review, test execution, finding identification, report drafting, quality assurance, audit trail generation, and ongoing model risk governance. The RFI is exploratory and does not seek pricing proposals or commitments. The contract duration is estimated at 36 months.

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