PFRDA Invites Bids for Tech Project PFRDA-TRACE, Deadline March 11

31 Jan 2024 , 01:18 PM

The Pension Fund Regulatory and Development Authority (PFRDA) is seeking bidders for the PFRDA-TRACE RFP as part of the Technology Architecture (TARCH) project.

PFRDA-TRACE (Tracking Reporting Analytics and Compliance E-Platform) aims to be a comprehensive tool for intermediaries to submit regulatory and supervisory compliance reports.

The platform will facilitate data sharing with PFRDA, monitor functions, streamline workflow for PFRDA departments, review and track submissions, and facilitate communication of observations and remarks.

PFRDA-TRACE is the second phase of the TARCH project, and the regulatory authority is specifically looking for a System Integrator (SI) vendor for this module.

The chosen System Integrator will be responsible for studying existing processes, proposing enhanced workflows, and providing services like design, development, customization, implementation, and maintenance for PFRDA-TRACE.

The selected bidder will play a crucial role in PFRDA’s digital transformation journey.

Technology firms interested in participating can access the tender document for the PFRDA-TRACE RFP on the PFRDA website or the Central Public Procurement Portal. The deadline for bid submission is March 11, 2024, until 3 pm.

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