Provision of support on the development and review of internal models
The ECB intends to contract highly-qualified external service providers which shall provide the ECB with support on the development of a methodology and processes for review of internal models, and the actual review of internal models. Only highly-qualified external service providers with experience in the following will be selected:
(i) the assessment of credit institutions' internal models;
(ii) conducting horizontal analysis of internal models;
(iii) analysing the drivers of the variability of risk-weighted assets; and
(iv) the review of credit institutions' compliance with prudential rules on internal models (the CRD IV and the CRR requirements, the relevant draft EBA's regulatory technical standards, together with the level 2/implementing regulations on internal models, e.g. Commission implementing regulations, regulatory and implementing technical standards and national discretions (the 'Rules')).
The ECB intends to contract external service providers that have at their disposal a pool of professionals at the level of consultants and above (the 'Professionals') who collectively possess in-depth knowledge and experience in the review of internal models and their compliance with the prudential rules in relation to the following 12 fields of competency:
1. credit risk modelling;
2. counterparty risk modelling;
3. market risk modelling;
4. operational risk modelling (including legal and compliance risks).
For each of these 4 model types, the professionals shall collectively possess in-depth knowledge and experience in the review of:
5. model governance and model risk management;
6. model benchmarking and horizontal analysis;
7. analysing the drivers of the variability of risk-weighted assets.
In addition, the professionals shall collectively possess in-depth knowledge and experience in:
8. training;
9. planning;
10. quality assurance;
11. project management;
12. database business requirements, database implementation and IT support.
The services shall be provided in English and shall be performed either at the ECB's premises in Frankfurt-on-Main in Germany, or at the premises of the entities under the direct SSM supervision (the 'Banks'), which may be inside or outside the EU.
The ECB intends to contract multiple suppliers by awarding framework contracts to multiple vendors for the provision of support on the development and review of internal models, which will have a duration of 4 years, entering into force in 2015 upon signature by both parties. Notwithstanding the expiry of the contract(s), specific orders agreed on the basis of the contract(s) prior to their expiry may continue until the completion of the respective services.
The services may be provided by means of temporary grouping(s) of companies or subcontracting.
Further details are set out in the call for applications, which can be obtained as indicated in Section VI.3 of this contract notice.
Deadline
Die Frist für den Eingang der Angebote war 2015-06-19.
Die Ausschreibung wurde veröffentlicht am 2015-05-13.
Anbieter
Die folgenden Lieferanten werden in Vergabeentscheidungen oder anderen Beschaffungsunterlagen erwähnt:
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Geschichte der Beschaffung
| Datum |
Dokument |
| 2015-05-13
|
Auftragsbekanntmachung
|
| 2016-03-16
|
Bekanntmachung über vergebene Aufträge
|