IFSCA has notified on 09/06/2025 that it 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 Digital Regulatory Reporting (DRR) Solution of IFSCA and has issued RFP for the said purpose. The detailed scope of the RFP is available at the e-Procurement portal. The notice inviting tender for Selection of an SP for the DRR System can be accessed online.
