Specifications include, but are not limited to: The Contractor shall be responsible for providing an investment accounting and reporting system that addresses the following items which describe the absolute minimum requirements: 1. Customer desires the solution to be “Software as a Service” (SaaS). 2. System should be a stand-alone operation and not be integrated into current ERP system. 3. System shall include a simple data-entry process that allows for the direct input of transactions, if needed. 4. Data-entry process shall check for standard errors. 5. System shall have the capability to create accounting entries which can be imported into an ERP system, if desired at a future date. 6. System shall have the ability to update market values. 7. System should have ability to import economic indicators such as treasury rates 8. System shall have the ability to set up permissions for different levels of access. 9. System shall have unlimited licenses. 10. System shall have reporting that includes the following: a. Portfolio Holdings by Maturity Range, Security Type, Security Sector, Security Structure and Broker/Dealer. b. Total Rate of Return by Book Value, Market Value, and BV vs MV c. Projected maturities and projected cash flows, d. Amortization of premiums/discounts e. Accrued interest f. Unrealized Gain/Loss g. Capability to run groups of reports in pre-defined report packages, without having to run each report separately and then combine them into a package. h. Capability to export reports to PDF and Excel. i. Customizable report writer if standard reports do not meet needs; all fields that exist on standard reports and any stored fields shall also be available on a customized report. 11. Contractor shall transfer current portfolio of securities into the new system. 12. Contractor shall provide training on the operation of the software.
