Specifications include, but are not limited to: The purpose of this RFP is to select a comprehensive, multi-asset class, investment risk analysis software system to assist in systematically identifying, assessing, monitoring, and reporting on portfolio risk and analytics, including environmental, social, and governance (“ESG”) factors, for the Total Fund and OPEB Trust. The solution must cover all the major asset classes within the Total Fund and OPEB Trust, and enable a comprehensive view of aggregate total and active risk across the portfolios and within each asset class. The software system should inform LACERA’s analysis of the performance of existing external asset managers as well as potential new external asset managers. LACERA is requesting separate proposals from qualified Firms for their risk and analytics system, and ESG research and analytics services. Although LACERA may contract with one Firm for the risk and analytics system and another Firm(s) for ESG research and analytics, LACERA encourages qualified Firms who qualify to submit two (2) proposals, one for risk and analytics and another for ESG research and analytics.