This opportunity has closed
The submission deadline was August 7, 2026. This page is kept for reference purposes.
Third-Party Risk Intelligence Platform
AI Summary
PROCUREMENT OVERVIEW:
Export Development Canada (EDC) is seeking proposals for a Third-Party Risk Intelligence Platform (the “Platform”) to enhance its Third-Party Risk Management (TPRM) activities. The core objective is to provide both quantitative and qualitative intelligence, including GenAI-enabled capabilities, to identify, assess, and monitor risks associated with third parties throughout the engagement lifecycle. Currently, EDC lacks a dedicated platform for objective intelligence to complement internal assessments and questionnaires. The desired solution should yield risk scores, evidence, and insights from reputable data sources (public, governmental, academic, and commercial) and facilitate the rapid identification of emerging risks and changes in third-party risk posture. The platform must integrate with EDC’s existing enterprise workflow for TPRM, although the supplier is not required to implement the ServiceNow integration directly.
ISSUING ORGANIZATION:
Export Development Canada (EDC)
Location: Ottawa, Ontario, Canada
Contact: Stephen Marin ([email protected])
MANDATORY REQUIREMENTS:
- Bidders must demonstrate the capability to provide a Third-Party Risk Intelligence Platform that meets the outlined specifications.
- Integration-ready capabilities for EDC’s existing enterprise workflow platform must be provided.
- No specific certifications, security clearances, or bonding requirements are mentioned.
TECHNICAL CAPABILITIES:
Bidders should possess expertise in developing risk intelligence platforms that utilize both quantitative and qualitative data. Familiarity with GenAI technologies is preferred. The platform must be capable of sourcing data from reputable datasets and support integration with existing enterprise systems.
PREFERRED QUALIFICATIONS:
While not mandatory, bidders with experience in integrating risk intelligence solutions into existing enterprise systems will have a competitive advantage. Additional preferred qualifications may include familiarity with relevant data sources and a track record of successful implementations in similar environments.
This summary provides a comprehensive overview for potential bidders to assess their fit for the opportunity presented by EDC.
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Export Development Canada (EDC) is seeking Proposals for a Third-Party Risk Intelligence Platform (the “Platform”) and related services to support and enhance EDC’s Third-Party Risk Management (TPRM) activities. The Platform is intended to provide quantitative and qualitative intelligence (including GenAI-enabled capabilities where available) to help identify, assess, and monitor risks associated with third parties across the engagement lifecycle. EDC’s TPRM function supports risk-based oversight of third parties used to deliver EDC programs and operations. Currently, EDC does not have a dedicated platform that can provide objective intelligence to complement internal assessments and questionnaires. EDC is seeking to enhance its ability to obtain objective, external-facing intelligence to complement internal assessments and questionnaires, and to improve ongoing residual risk monitoring. The desired solution provides risk scores, evidence, and insights sourced from reputable data sets (e.g., public, government, academic, and/or commercial sources) and supports rapid identification of emerging risks and material changes in third-party risk posture. EDC operates an enterprise workflow platform for TPRM. EDC intends to integrate risk intelligence outputs into that environment. The Supplier is not required to implement the ServiceNow integration; however, the Supplier shall provide integration-ready capabilities and support EDC and/or EDC’s designated implementor to complete the integration.Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.
Additional Information
Source
canadabuys
Status
closed
Procurement Method
Competitive - Open bidding
Procurement Category
Services
Reference Number
MX-444094176405
Amendment Number
000
Contracting Entity
Export Development Canada - EDC
Contact Name
Stephen Marin
Contact Email
Contact Phone
+16135978863
Organization City
Ottawa
Organization Province / State
Ontario
Organization Country
Canada
Last Updated
August 7, 2026
Frequently Asked Questions
When is the proposal submission deadline?
The proposal submission deadline is August 7, 2026 (Overdue).
Note: This opportunity has already closed. See similar active opportunities above.
Where can I submit a proposal or get solicitation documents?
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