Trust Accounting System - Interactive Data Corporation

Added: May 22, 2013 1:09 pm Modification / Amendment 01 - To add the Sole Source Justification and Approval.

This is not a request for proposals but a Notice of Intent. No solicitation will be issued. Interested parties may, however, request further information (no later than 11:00 AM Eastern Standard Time, on June 06, 2013) by email to the Contract Specialist; Teesa Roberts at roberts.teesa@pbgc.gov.

Added: Apr 24, 2013 4:04 pm The Pension Benefit Guaranty Corporation (PBGC) intends to make a sole source award to Interactive Data Corporation for the Trust Accounting System. The Trust Accounting System (TAS) is an investment portfolio and accounting solution managed by the Financial Operations Department (FOD) to support the accounting and financial reporting of investment assets, plan receivables, and liabilities related to terminated pension plans and the commingled investment portfolio through an application service provider model. One core component of this solution is the ability to automatically obtain market data including security master file updates, securities prices, and corporate actions for securities within the portfolios of terminated pension plans.

Upon receiving a system request through the Trust Accounting System (TAS) the pricing service provider Interactive Data Corporation (IDC) obtains applicable prices for securities requested and creates a normalized file which is delivered though a pull process. Data is pulled by the TAS application server from the IDC pricing service and processed using the Message Center in Eagle ADMS. In addition, PBGC users leverage IDC's Remote Plus toolset to make ad hoc requests for securities prices directly within Microsoft Excel templates which are later uploaded into specialized message streams in Eagle ADMS.

The only company able to provide Interactive Data Corporations' Fund Run and Remote Plus Products is Interactive Data Corporation. The IDC Fund Run and Remote Plus are commercial off the shelf service developed and supported exclusively by Interactive Data Corporation.

The contract action is being sought under the FAR 6.302-1, only one responsible source and no other supplies or services will satisfy agency requirements. The Period of Performance is a Base Period of July 1, 2013 through June 30, 2014, and four (4) Option Periods, July 1, 2014 through June 30, 2015; July 1, 2015 through June 30, 2016; July 1, 2016 - June 30, 2017 and July 1, 2017 - June 30 2018.

This is not a request for proposals but a Notice of Intent. No solicitation will be issued. Interested parties may, however, request further information (no later than 10:00 AM Eastern Standard Time, on May 10, 2013) by email to the Contract Specialist; Teesa Roberts at roberts.teesa@pbgc.gov.