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. EDC currently lacks a dedicated platform for objective intelligence to complement internal assessments and questionnaires, and aims to improve ongoing residual risk monitoring. The desired solution should deliver risk scores, evidence, and insights from reputable data sources, enabling rapid identification of emerging risks and changes in third-party risk posture. The Platform will need to integrate with EDC’s existing enterprise workflow platform for TPRM.
ISSUING ORGANIZATION
- Organization: Export Development Canada (EDC)
- Location: Ottawa, Ontario, Canada
- Primary Contact: Stephen Marin ([email protected])
MANDATORY REQUIREMENTS
- Bidders must demonstrate the ability to provide a Third-Party Risk Intelligence Platform that meets EDC's specifications.
- Integration-ready capabilities with EDC’s existing enterprise workflow platform are required.
- No specific certifications or registrations are mentioned as mandatory.
TECHNICAL CAPABILITIES
- The Platform should include GenAI-enabled capabilities.
- Must provide risk scores, evidence, and insights from reliable data sources (public, government, academic, and commercial).
- Ability to support rapid identification of emerging risks and changes in third-party risk posture.
PREFERRED QUALIFICATIONS
- Experience in developing or implementing risk intelligence platforms.
- Familiarity with TPRM processes and frameworks.
- Previous work with government or large organizations may be viewed favorably.
This summary provides a comprehensive overview of the opportunity for potential bidders to assess their fit for the project. Bidders should ensure they meet the mandatory requirements and consider the preferred qualifications to enhance their proposals.
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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
003
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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