Strategic Risk System and Climate Scenario Analysis system for OIM UNJSPF

The Office of Investment of the United Nations Joint Staff Pension Fund (UNJSPF) is looking for potential service providers specialising in strategic risk management and scenario analysis solutions. The objective of this Request for Expression of Interest (REOI) is to identify potential service providers who are capable providing the solutions that enable the Fund to assess the impact of both economic and climate scenarios on the sustainability of the pension fund. Furthermore, the Fund is seeking the quarterly strategic risk report, in conjunction with your proposed solution. The Fund is committed to enhancing its investment decision-making process by transitioning from a conventional Strategic Asset Allocation (SAA) framework to a comprehensive Total Portfolio Approach (TPA). Furthermore, the Fund seeks solutions that deliver an integrated analysis of both assets and liabilities, with a primary emphasis on asset-side risks and strategic opportunities. The primary objective of the service for OIM is to facilitate an effective and innovative investment approach aimed at securing long-term returns on investments through a comprehensive strategic risk and climate scenario solution. This includes: (a) Enabling robust modelling of economic and financial markets across multiple time horizons. (b) Supporting integrated analysis of assets and liabilities, including open and closed group valuations and the Two-Track Pension Adjustment System. (c) Facilitating the incorporation of climate scenario analysis aligned with the NGFS and IPCC frameworks. (d) Assessing long-term sustainability and funding strategies under various economic and climate conditions. (e) Providing seamless data integration, customisable reporting, and quarterly strategic risk reports. (f) Ensuring effective implementation through structured timelines, training, and ongoing support services The UN, on behalf of the Fund, will issue a formal Reuest for Proposal (RFP) in due course. The resulting contract under the RFP shall for an initial period of 2 years with 2 optional extensions of 2 years each (i.e. 2+2+2).