Provision of Collateral Management Consultancy (Албания - Тендер #71535184)

Description

IFAD TRE operates in financial derivative markets and has currently 9 ISDA Master Agreements outstanding, under which are 66 swap plain vanilla swap transactions, 6 are currency swaps in 5 currencies and 60 are interest rate swaps in USD and EUR. IFAD is about to sign Credit Support Annexes (CSA) to these Master Agreements and subsequently start to mitigate credit exposures on the counterparties by receiving and posting collateral. To facilitate and operate the receipt and posting of collateral, several enhancements are needed to TRE’s processes and downstream processes related to accounting and ledger postings. IFAD is procuring advisory services to advise on several aspects of processing collateral and negotiations with counterparties with which Credit Support Annexes (CSA) will be signed. IFAD should be operationally ready to sign CSAs by the end of the year, having operational capacity to transfer collateral with automated processes, from transaction reconciliation to accounting postings. The project is expected to conclude by end of November 2026, when the last phase of the project managed by the consultant is expected to be over, in line with the indicated deliverable deadlines. The estimated start date is April 15 2026. INSTRUCTIONS ON HOW TO ACCESS RFP/ITB DOCUMENTS: In order to have access to the Tender Documents, it is necessary to register in UNGM portal (www.ungm.org). Please carefully read the instructions in the document attached to this tender notice (SEE THE MENU TAB ""DOCUMENTS‘’).