INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD) has floated a tender for System Design for FIRA-s Smart Regulation System. The project location is Mexico and the tender is closing on 27 Jul 2023. The tender notice number is 0002002657, while the TOT Ref Number is 85738523. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Mexico

Summary : System Design for FIRA-s Smart Regulation System

Deadline : 27 Jul 2023

Other Information

Notice Type : Tender

TOT Ref.No.: 85738523

Document Ref. No. : 0002002657

Financier : International Bank for Reconstruction and Development (IBRD)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Expression of Interest are invited for System Design for FIRA-s Smart Regulation System.

· Issue Date and Time: Jul 13, 2023 20:06

· Closing Date and Time: Jul 27, 2023 23:59

Project for the Design of a System for Managing and Exploiting Fira's Regulatory Repository through Artificial Intelligence - Fira-S Smart Regulation system.the Objective of the Assignment is to Conceptualize and Design a System as a Solution Powered by Artificial Intelligence (Ai) that Provides Comprehensive Tools to Manage; Analyze and Exploit the Broad Regulatory Repository that Fira has in Order to Support its Business Processes; Both Internally and Externally. Leveraging Cutting-Edge Machine Learning Algorithms; Natural Language Processing (Nlp); And Deep Learning Techniques; This System will Offer an Efficient and Accurate Way to Manage; Navigate and Interpret Complex Regulatory Frameworks; Both Internal (Fira-S Business Operations) and External (National Regulatory Framework).as of Today; The Broad Regulatory Repository that Fira Covers a Broad Range of Documentation; Which can Include Product and Services Conditions; Policies; Guides; Operative Mechanism; And Other Internal Guidelines. Additionally; Fira Constantly Generates Changes and Updates to These Regulatory Mechanisms; Difficulty its Interpretation for Fira Personnel and Business Partners (Financial Intermediaries); Generating Misinterpretations that Translate in Additional Operative costs.the Ai-Based System Proposed will Manage; Process and Analyze this Vast Amount of Textual Data to Extract Key Information; Identifying Relevant Sections; And Establish Connections between Different Regulations; To Provide Smart Recommendations to Consultations from Both Internal and External Participants. The Work Implies to Understand the Requirements; Obligations; And Prohibitions Imposed by Different Regulatory Schemes; Helping the Company Stay Compliant with the Applicable Regulations.

The Wbg Reserves the Right to Publicly Disclose Contract Award Information, including but not Limited to, Name of Company Receiving the Award, Brief Description of Services, and Contract Award Amount, for Any Contract Award Valued over Us$250, 000. Offeror's Proposal and Contractual Documents will Remain Confidential and Therefore not Subject to Disclosure.

Documents

 Tender Notice


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