Collateral Pool Solution

Solicitation # RFI3090164426
Posted 10/1/25, 1:00 AM
No Updates
Due 11/19/25, 3:00 PM
Source
No public source available
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The Tennessee Department of Treasury has issued Request for Information (RFI) #30901-64426 seeking vendor input for a comprehensive software solution to replace their current electronic collateral management system. The procurement targets a web-based platform capable of managing over 100 Collateral Pool bank participants, 50 state depository banks, 15 safekeeping agents/trustee custodians, and tracking more than $12 billion in collateral across approximately 5,000 separate positions. Required system capabilities include daily collateral pricing, market value tracking, collateral sufficiency monitoring, electronic pledge and release processing, monthly target resetting, and robust reporting features. The proposed solution must provide real-time web portal access with functionality to add/remove participants, manage user accounts, and implement role-based access control. Key procurement dates include an RFI issuance on October 1, 2025, a written questions deadline of October 15, 2025, and a response deadline of November 19, 2025. The system must align with NIST Cybersecurity Framework requirements, include comprehensive security controls, and enable seamless migration of existing complex financial data.

The RFI explicitly states that this is an informational request and does not guarantee procurement, with the Treasury indicating they will not cover vendor response costs. No specific set-aside designations or restrictions on responding organizations are mentioned in the documentation. The system must support electronic collateral transactions, perform daily reconciliation, and generate reports in Excel and PDF formats. While no specific budget range is provided, the complexity of managing over $12 billion in collateral suggests a significant potential contract value. The procurement requires a solution that can precisely track collateral levels, which can fluctuate based on financial performance criteria established by the Collateral Pool Board. Vendors should be prepared to demonstrate robust data migration capabilities, comprehensive financial tracking mechanisms, and a secure, user-friendly web-based platform that can handle the intricate requirements of Tennessee's Collateral Pool and State Depository Programs.

Generated 10/2/25, 9:46 AM