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Request for Perpetual License of Treasury Management Software and Implementation and Support RFP Schedule: Document Name Request for Proposal - Perpetual License of Treasury Management Software and Implementation and Support Document Version V1.1 RFP No MCB/IT/2023-24/ 7 Date of Issue/Release of RFP 06/01/2024 Last Date of Submission of Pre Bid Queries to Bank 12/01/2024 Last Date of Submission of Bid 17/01/2024 Cost of Tender(Non Refundable) Rs.1000/-(Including GST) Confidentiality: All information contained in the Request for Proposal is Confidential. Likewise, all information given by Bidders, will be treated as confidential. The Municipal Co-operative Bank Ltd. Mumbai RFP for Treasury Management Software Page No : 2 Index Clause No Description Page No Part – 1 General 1 About Bank 4 2 Project Details 4 3 Terms and Conditions 5-7 4 Responsibilities of Bidder 7 5 Warranty & Comprehensive Annual Maintenance Contract 8- 6 Implementation Period 8 7 RFP Document Cost & EMD 8 8 Security Deposit 8-9 9 Period of Validity 9 10 Bid Currency 9 11 Bidding Process 9-10 12 Technical Bid 10 13 Commercial Bid 10 14 Submission Of Bids 10-11 15 Deadline For Submission Of Bids 11 16 Late Bids 11 17 Modifications and/or Withdrawal of Bids 12 18 Documents to be submitted 12 19 Bid Opening And Evaluation 12 20 Evaluation Criteria 12-14 21 Clarifications Of Bids 14 22 Preliminary Examination 14 23 Errors in Bid 14 24 Signing Of Contract 14 25 Order Cancellation 14 26 Confidentiality Agreement 15-17 27 Indemnity 17-18 28 Publicity 18 29 Solicitation of Employees 18-19 30 Liquidated Damages 19 31 Penalty for SLA for CBS and Digital Channels 19 32 Background Check 19 33 Monitoring & Audit 19-20 34 Guarantees 20 35 Governing Law And Disputes 20 36 Force Majeure 20-21 37 Waiver 21 38 Violation of Terms 21 39 Use of Contract 21 40 Privacy and Security Safeguard 21 The Municipal Co-operative Bank Ltd. Mumbai RFP for Treasury Management Software Page No : 3 41 Non-Discloser Agreement 21 42 Acceptance Of Order 22 43 Escalation Matrix 22 44 Taxes 22 45 Termination 22 46 Effect of termination 22 47 Costs 22 48 Quires 22-23 Part- 2 Eligibility Criteria 1 Eligibility 24 Part -3 Technical Bid 1 Project Scope 25 2 Application Requirements 25 3 Requirement Specifications Study 25 4 Project Deliverables 26 5 Change Management 26 6 Training 26 7 Implementation and Roll out 27 8 Effective Date 27 9 Bidder Performance Metrics & Management 27 Part –4 Commercial Bid 1 Price/ quotes 28 2 Payment Terms 28 Annexures Annexures Annexure-I - Forwarding Letter 29 Annexure-II- Eligibility Criteria 30-31 Annexure-III- Details Of The Bidder 32-33 Annexure-IV- Undertaking For Bidder 34-35 Annexure-V- Non-Discloser Agreement 35 Annexure-VI- Data Center Details 36 Annexure-VII- Technical Specification 37-40 Annexure-VIII- Format For Commercial Proposal 41 Annexure-IX - Pre Bid Query Format 42 Annexure-X - Hardware and software requirement 43 Annexure XI – Background Check Certificate 44 Annexure XII - NEFT details 44 The Municipal Co-operative Bank Ltd. Mumbai RFP for Treasury Management Software Page No : 4 Part-I 1) About The Municipal Co-Op. Bank Limited Mumbai The Municipal Co-operative Bank Ltd., Mumbai the Bank was registered under the Co-operative Societies Act in the year 1952 and started functioning from April, 1953. Bank has 21 Branches and Head Office spread across Mumbai City. Bank has Core Banking System with Network Connectivity on SDWAN. Bank is offering Debit Card, Mobile Banking, UPI, IMPS,POS,E-COM,NACH RTGS/NEFT facility to its Customers. Bank invites Quotation for Investment Providing Perpetual License of Treasury Management Software as per details given in Annexure VI hereto for its Head office and Disaster Recovery Site. 2) Project Details Bank issues this ‘Request for Proposal, hereinafter called “RFP” with the purpose to acquire a Treasury Management Software or conducting its day-to-day Treasury operations. The purpose of the proposed Treasury Management Application is to help achieve operational efficiencies by eliminating the manual work currently performed in the Treasury & borrowings function of the bank. The solution should have features including but not limited to deal capturing, what-if-analysis, scenario simulations, structuring of products, pricing, valuation, risk & limit monitoring across the bank, cash flow management, Asset Liability Management, VAR(Value at Risk), Earnings at risk (EAR) in the view of movement in interest rate, Duration Gap Analysis and Modified duration of AFS portfolio system generated report. The proposed system should provide efficient and scalable solution, having seamless integration with various market data sources, dealing platforms, and regulatory platforms, other external & internal systems and interfaces as per Banks current and future needs. Key drivers for the new solution are as follows:- 1) Handling of all existing and future asset classes present in National Market 2) Robust workflow and parameterized rule based engine 3) Robust Compliance Rule engine to effectively manage all internal and regulatory Limits The Municipal Co-operative Bank Ltd. Mumbai RFP for Treasury Management Software Page No : 5 4) Seamless data interface capabilities with various internal and third party applications 5) Flexibility and scalability in the system for generation of va |