According to the RFP, the proposed solution should “have the capability to manage the agency’s fixed income debt and investment portfolios, while efficiently tracking and reporting key portfolio metrics.”
In addition to core debt and investment management functions, FMPA seeks enhanced cash management and forecasting capabilities within the TMS solution to ensure accurate financial planning and optimize available funds.
Interested vendors must include the following with their proposals:
- Long-term and short-term debt instruments that the proposed software supports
- How proposed software supports functions including payment verifications and calculations, payment scheduling and rate resets
- The proposed system’s ability to support interest calculation method as well as limitations
- How the new or updated system will import rates and if rates can be overridden manually