IFSCA seeks to implement a state-of-the-art Information Technology (IT) platform that would leverage technology to promote Ease of Doing Business (EoDB) for the stakeholders, reduce the cost of compliance for supervised entities and position IFSCA as a progressive regulator with a best-in-class Supervisory Technology (SupTech) system.
The SupTech system has been envisaged to cover administrative, compliance, supervision, and enforcement framework for its regulated entities. In this regard, IFSCA intends to select an IT Solution Provider (SP) to design, develop, implement, operate, and maintain the Core Supervisory Technology (Core SupTech) System of IFSCA and has issued RFP for the said purpose. The notice inviting tender for Selection of an SP for the Core SupTech System can be accessed at the portal.
