Request for Proposals for the Development of a Technology Platform to Facilitate Workforce Transformation (Future Skills Assessment Platform)

Oct 31, 2019

IBF facilitates the re-skilling of professionals in the financial services industry, whose jobs may be impacted by technology or other business changes, for new roles. As job requirements are constantly evolving, financial institutions today face the challenge of ensuring that their workforce continues to possess skills that are relevant to stay competitive and support their business growth. It is however, not easy to identify roles that may be impacted by technology and assess skills gaps. These are needed in order for pre-emptive actions, such as formulating appropriate career pathways and training interventions, to be taken to transit impacted employees to new roles.

IBF would like to invite interested entities to submit proposals for the development of a technology-enabled platform to facilitate financial institutions' strategic workforce planning and support the skills development of professionals in the financial services industry. This shall be a cloud-based platform that leverage technologies such as artificial / augmented intelligence to automate the assessment of skill gaps, identification of adjacencies between jobs in the industry and recommend relevant training programmes.

You may download a copy of the Request for Proposals document here.

A briefing for interested parties was conducted on 8 Nov 2019, 4-6 PM. You may download a copy of the Questions and Answers raised at the briefing here.

Addendum to the Request for Proposals for the Future Skills Assessment Platform (Dated 15 Nov 2019)

With reference to paragraph 21 of the Request for Proposals (RFP), we would like to advise that the target completion date for phase 1 of the project has been revised from "30 May 2020" to "6 months from the date of appointment of the Service Provider". You may download a copy of the Addendum here.

Please submit your proposals directly to procurement@ibf.org.sg by 26 Nov 2019, 5 PM, Singapore Time.

The deadline for interested vendors to submit their questions is 20 Nov 2019, 6pm. A consolidated list of responses to the questions raised can be downloaded here.