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BC FINANCIAL SERVICES AUTHORITY has floated a tender for On00002341 - Notice of Intent to Extend Contract with Resolver. The project location is Canada and the tender is closing on 13 Mar 2025. The tender notice number is BC210945, while the TOT Ref Number is 116002828. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Canada
Summary : On00002341 - Notice of Intent to Extend Contract with Resolver
Deadline : 13 Mar 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 116002828
Document Ref. No. : BC210945
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
In 2019 the Real Estate Council of British Columbia (RECBC) completed a competition to procure a compliance and investigation management platform. Resolver was the preferred platform due to its value proposition and cost effectiveness and a five (5) year contract with one (1) one (1) year opportunity to renew was executed on July 18, 2019. This contract is due to expire in July 2025.
On November 12, 2019, the Minister of Finance announced that the RECBC and the Office of the Superintendent of Real Estate (OSRE) would integrate with BC Financial Services Authority (BCFSA) to create a single regulator of the financial services sector to streamline, centralize expertise and responsibilities and facilitate cross-segment information sharing. within a single regulatory body.
Following the amalgamation of RECBC, OSRE and BCFSA, the Compliance and Enforcement (C&E) Department inherited a significant workload related to complaint files, leading to extended resolution timeframes. Resolver played a critical role in helping clear the backlog of this workflow and to achieve efficiencies.
BCFSA is initiating an Enterprise Case Management (“ECM”) project during fiscal year 2026. Through the project, BCFSA will be undertaking discovery to understand current and future state requirements for the Financial Institutions Market Conduct (“FIMC”) branch within the Supervision and Deposit Insurance department to ensure enterprise level scalability with the goal of supporting ca...
Summary information
Notice type : Other
Language(s) : English
Procurement Mode : 2025/02/27
Closing date and time : 2025/03/13 15:30 EDT
Documents
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