PFRDA-TRACE will serve as a comprehensive tool for submitting regulatory and supervisory compliance reports by intermediaries

The Pension Fund Regulatory and Development Authority (PFRDA) is seeking bids from prospective bidders to participate in the tendering process for the PFRDA-TRACE RFP as part of Technology Architecture (TARCH) project.

PFRDA-TRACE will serve as a comprehensive tool for submitting regulatory and supervisory compliance reports by intermediaries, sharing reports and data with PFRDA, monitoring functions, facilitating a workflow for PFRDA departments to review and track submissions, enabling communication of observations and remarks, and incorporating a validation process for reports and data submitted by intermediaries.

The PFRDA-TRACE is the second phase of the TARCH project, and PFRDA is selecting a System Integrator (SI) vendor specifically for this module. The System Integrator will be responsible for studying the existing processes, proposing improved workflows, and providing design, development, customisation, implementation, and maintenance services for PFRDA-TRACE. The successful bidder will play a crucial & pivotal role in PFRDA's digital transformation journey.

Interested Technology Firms can access the tender document for PFRDA-TRACE RFP on PFRDA website (i.e., https://www.pfrda.org.in) or Central Public Procurement Portal (i.e., https://eprocure.gov.in/epublish/app ).

The last date for bid submission is the 11 March, 2024 up to 15:00 hrs.

For further information and clarifications, interested bidders can contact PFRDA through the designated communication channels mentioned in the tender document.

Regulatory reporting platform: bids invited for system integrator to build and operate a compliance submission and monitoring tool. PFRDA invites bids for a System Integrator to design, develop, implement, customise and maintain PFRDA-TRACE, a platform to receive and validate supervisory and regulatory reports from intermediaries, enable departmental review and tracking, facilitate communication of observations, and propose improved workflows. Bidders may access the RFP on PFRDA's website or the Central Public Procurement Portal and must submit bids by the published deadline using the tender's designated communication channels for queries.