Capital Adequacy Testing and Consulting Services
Overview
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SUMMARY
DESCRIPTION
A government authority in British Columbia is seeking a vendor to provide capital adequacy testing and consulting services. The engagement is focused on enhancing, maintaining, and updating financial scenario modelling capabilities used to assess capital adequacy and support regulatory and capital management requirements.
The selected vendor is expected to provide expertise in the Conning ADVISE platform and support updates and enhancements to ICBC’s economic capital model. Services also include assistance with capital adequacy analysis, Minimum Capital Test (MCT) activities, software version upgrades, and related training, documentation, and advisory support as required.
Questions related to the solicitation must be submitted no later than August 12, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 20, 2026.
- Who is a good fit for this opportunity?
- Financial risk and actuarial consulting firm
- Demonstrated expertise in capital adequacy and regulatory capital analysis
- Experience with Conning ADVISE platform implementation and support
- Background in economic capital modelling for insurance or public-sector entities
- Capability to deliver software upgrade support, training, and technical documentation
- Familiarity with Minimum Capital Test requirements and capital management frameworks
- Established presence in Canada or experience serving Canadian regulated organizations
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.