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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Login to see detailsTender 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.
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