Bank of Baroda wants to implement a statistical software solution that provides statistical package / tools for credit risk model validation and calibration. The bank intends to have a solution that supports functionalities, including data management, analytics, reporting and documentation, and training and knowledge transfer. The bank has invited proposals from service providers who will be required to provide the solution, undertake implementation and integration if any, of all requirements as per the bank’s objectives and specifications, design product management process/operation manual as per best practices and carry out implementation/operationalization including move, add, and delete changes/customization of such software updates, releases and version upgrades. The bank will provide hardware and other peripherals as required for the solution.