Specifications include, but are not limited to: a)Continuity and Availability• The system should have a system recovery program with policies for nightly back upsand restoration and recovery of data within 24 hours of an outage or request.b)Security and Access Control• System must be secure and meet all local, state and federal data security standards.•Provide applicable certifications such as SOC2 documentation.• Provide a statement stating whether your company is compliant with FERPA, GLBA,NACH and Red Flag Regulation requirements.• Provide product interfaces that are compliant with WCAG 2.0 AA and provide VPAT if available.• The company should provide a completed Higher Education Cloud Vendor AssessmentTool (HECVAT) (lite version available at: https://www.ren-isac.net/public-resources/hecvat.html).•If the system supports two-factor authentication, then please describe the solution options.• The system supports single sign-on (CAS, Shibboleth, or SAML). If the system does authentication, it must not use or provide default credentials.• The system should allow for granular control of access to profile data and workflows based on the user (full access, limited access, and view only access).•The system should allow user accounts regardless of the type of employee.• The system should allow the administrator to assign security roles to other users. •The system should provide logging of user management, administrative activity, and user activity.• The system should allow the university administrator to view user data on system use(log ins, uploads, etc.).