Latest news with #forProposals
Business Wire
10-07-2025
- Business
- Business Wire
Acuity Knowledge Partners Launches RFP Pulse to Help Asset Managers Win New Mandates
NEW YORK--(BUSINESS WIRE)-- Acuity Knowledge Partners ' RFP Pulse, a managed digital solution, is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Built specifically for financial services workflows, RFP Pulse combines generative AI, semantic search, and a structured content repository with Acuity's deep domain expertise and service layer. This format-agnostic solution automates and accelerates document ingestion, content retrieval, draft generation, and formatting across Word, Excel, and digital DDQ tools - dramatically reducing time and effort for client teams. 'We are extremely pleased with the developments achieved through RFP Pulse, an innovative tool that integrates Generative AI with human expertise to enhance productivity and collaboration,' said Sailaja Devireddy, Global Head of Financial Marketing Services at Acuity Knowledge Partners. 'We have drawn on Acuity's extensive experience supporting over 70 financial institutions and 250+ RFP specialists, whose insights have been crucial in developing the transformative capabilities offered by RFP Pulse.' 'RFP Pulse is the result of our strong delivery capabilities and domain expertise in asset management,' said Chanakya Dissanayake, Head of Delivery Strategic Initiatives (Asset Management) at Acuity Knowledge Partners. 'By automating every stage of the RFP and DDQ process, we're helping firms enhance productivity and maintain top-tier quality.' RFP Pulse has already demonstrated significant impact in live client deployments, including a 70% reduction in time to retrieve responses and over 80-85% accuracy in initial drafts. Clients are experiencing measurable efficiency gains and bandwidth savings, making it a trusted solution for top-tier global asset managers. 'With RFP Pulse, we're redefining what efficiency and quality look like for asset and wealth managers,' said Jon O'Donnell, Chief Operating Officer of Acuity Knowledge Partners. 'It's a key step forward in our mission to deliver scalable, intelligent solutions that help financial services firms work smarter and stay ahead of the curve.' To learn more about RFP Pulse, visit About Acuity Knowledge Partners Acuity Knowledge Partners (Acuity) is a leading provider of bespoke research, data management, analytics, talent, and technology solutions to the financial services industry, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms. Its global network of over 6,500 analysts and industry experts, combined with proprietary technology, supports more than 650 financial institutions and consulting companies to operate more efficiently and unlock their human capital and transforming operations. Acuity is headquartered in London and operates from 16 locations worldwide. Acuity was established as a separate business from Moody's Corporation in 2019, following its acquisition by Equistone Partners Europe (Equistone). In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone, which remains invested as a minority shareholder. For more information, visit
The Citizen
08-07-2025
- Business
- The Citizen
Creecy punts private sector investment for five rail and port corridors
Transnet to begin formal procurement process at the end of August. Transport is 'a decisive investment trigger' and the current process will take SA's infrastructure 'to a different level'. Picture: Supplied Private sector investment in Transnet's five priority rail and port corridors appears to be imminent. Minister of Transport Barbara Creecy confirmed on Monday that the Department of Transport (DoT) has just concluded a request for information (RFI) process to guide private sector investment in these five corridors. In an address to the Southern African Transport Conference, Creecy stressed the limited availability of state resources to fund infrastructure development makes private sector investment critical. ALSO READ: Transport minister has big hopes for big plans 'Excellent response' Speaking on the sidelines of the conference, Creecy said South Africa's rail infrastructure has not had a major revamp, nor has the rail system been expanded, since the 1970s. 'We have put out these requests for information to see what the appetite is. We had an excellent response. 'There were almost 163 submissions,' she said. 'We are now processing those submissions so that Transnet can begin the formal procurement process at the end of August 2025 through the issue of Requests for Proposals (RFPs).' Creecy told the conference the DoT has concluded a Memorandum of Agreement (MoA) with the Development Bank of Southern Africa (DBSA) and National Treasury, appointing DBSA as the hosting institution for the new Private Sector Participation Unit. ALSO READ: Victory for Transnet: more cash incoming, union accepts salary increase Rail initiatives She said the DoT will, at the end of July 2025, release the second batch of RFIs, which will be focused on passenger rail initiatives. The Interim Rail Economic Regulatory Capacity has been established to create fairness and transparency for third-party operators, improve network utilisation, increase competition, and reduce costs. 'To sustain our economy, we cannot afford to wait until the PSPs [private sector participants] reach financial close before launching an ambitious programme to rehabilitate Transnet's rail network and rolling stock, as well as port infrastructure and equipment,' she said. Creecy said funding sources for immediate rehabilitation of the five priority rail corridors include the current Transnet budget for rail and rolling stock maintenance and purchase of port equipment, submissions to treasury's Budget Facility for Infrastructure (BFI), and private investment in refurbishing or expanding line capacity through existing customer agreements. She said Transnet itself makes annual allocations for maintenance but this is insufficient – and they have also put in an application to the BFI. 'Overall, it will be over R30 billion that we will be applying for,' she added. 'This would allow us to do maintenance and to buy equipment for the rail corridors and also in the ports.' ALSO READ: Government delivers R51 billion support to Transnet. Will it last? Major investment Creecy said there are two tranches and the July window application is already in while they are still working hard on preparing the application for the October window. 'We won't be able to do all of the ports and corridors all at once but we will be doing so incrementally as we process the information. What we can look forward to is some major investment in our rail corridors and also in our ports. 'Obviously it's going to take our infrastructure to a different level moving forward,' she said. These initiatives are in line with two of the six targets that Creecy highlighted in her Budget Vote speech in parliament last week, which are to: Ensure that by 2029 that Transnet moves 250 million tonnes of freight on its network each year; and Improve the speed at which ships are loaded and unloaded in South Africa's ports to the international benchmark of 30 gross crane movements per hour. The other targets are to: Ensure the passenger rail system provides safe, reliable and affordable transport to workers and their families, with the aim of ensuring 600 million passenger journeys a year by 2030; Boost the contribution of aviation to tourism, economic development and job creation, with the expectation of moving 42 million passengers a year through the Airports Company of South Africa (Acsa) network of airports by the end of this political term; Move 1.2 million tonnes of airfreight a year through the Acsa network of airports by the end of this political term; and Ensure greater safety on South Africa's roads and reduce the devastating toll that road accidents have on lives and livelihoods by reducing road fatalities by 45% by 2029 and thereby reach the United Nations target of halving road fatalities by 2030. Creecy said the large DoT ecosystem has in different ways been responsible for undermining economic growth and acting as a drain on the development of the economy and society. She said these six targets are written into the Medium Term Development Plan, which is the government's plan for the following five years. 'Fundamental to our reform programme is our intention to re-establish rail as the backbone for the transport of people and goods.' ALSO READ: Santaco wants faster progress on infrastructure and licensing reforms Matter of urgency Wrenelle Stander, CEO of Wesgro, the official tourism, trade and investment promotion agency for the Western Cape, told the conference that one of the key lessons she has learnt at Wesgro is that transport is 'a decisive investment trigger'. 'Seventy percent of investors say transport is a primary factor in site selection.' Stander emphasised that the World Bank says improving transport access for the poorest 40% of a population can increase income by up to 25%. 'In South Africa, where over 70% of the workforce depends on transport, this is not a theory. It's urgency. 'Transport must be reframed from a burden to a lever of national economic growth. 'Too often, it is treated as a cost, a social burden to be subsidised. Yet every rand invested in public transport can yield R2.60 in returns.' This article was republished from Moneyweb. Read the original here.
The Hindu
05-07-2025
- Business
- The Hindu
CRDA gives its nod for acquiring additional 20,494 acres in Amaravati
The 50th Capital Region Development Authority (CRDA) meeting, held under the chairmanship of Chief Minister N. Chandrababu Naidu at his camp office on Saturday, gave its nod for the acquisition of an additional 20,494 acres of land in eight villages — Vaikuntapuram, Pedamadduru, Yandrayi, Karlapudi and Lemalle in Amaravati mandal, and Vaddamanu, Harishchandrapuram and Pedaparimi in Thullur mandal of Guntur district — for creating necessary infrastructure. The CRDA also gave the green signal to invite Request for Proposals (RfPs) for various mixed development projects, including a high-density residential zone, in nearly 58 acres spread across Mandadam, Rayapudi, and Pichukalapalem villages, and approved the allotment of 2.50 acres of land each for the construction of world-class convention centres near Vivanta and Hilton Hotels five-star hotels to be built at Mandadam, Hyatt Regency in Thullur, and Novotel in Lingayapalem. Besides, the CRDA had been authorized to dredge sand required for the constructions in Amaravati from the upstream of Prakasam Barrage on the Krishna for a period of two years. It was estimated that the projects costing ₹49,040 crore that were underway in Amaravati needed 16 million cubic meters of sand over the next couple of years. Land allotments Further, the CRDA approved the recommendation of the sub-committee of Ministers to allot 25 acres to KIMS Medical and Hospital, 12 acres each to Pullela Gopichand Badminton Academy and MSK Prasad International Cricket Academy, five acres to the State Forensic Science Laboratory, four acres to Basil Woods International School, two acres each to Central Bureau of Investigation, Zoological Survey of India, Income Tax Department, AP Grameena Bank, and an office of the BJP, 0.50 acres each to South Indian Bank and the Bureau of Immigration, 0.495 acres to AP Cooperative Bank Ltd., and 0.40 acres to the Central Bank of India. The CRDA granted permission for the construction of a four-lane ROB (Rail Over Bridge) on the E-15 road near Mangalagiri town, and resolved to cancel the 1.40 acres of land that was allotted to GAIL and Ambika Group. It was also decided to build memorials for Alluri Sitharama Raju and 'Amarajeevi' Potti Sriramulu in Amaravati. Mr. Naidu called upon the officials to work with the kind of commitment that made the construction of the State Secretariat in a record time possible in 2014-19, and told them to closely follow the proposal to build Amaravati airport with the Central government, while ordering that notices be issued to agencies which were struggling to meet the timelines. Municipal Administration Minister P. Narayana, Chief Secretary K. Vijayanand, CRDA Commissioner K. Kanna Babu, and Amaravati Development Corporation (ADC) CMD D. Lakshmi Parthasarathy Bhasker and other senior officials of CRDA, ADC, the Finance Department, and the Chief Commissioner of Land Administration took part.
Business Wire
03-07-2025
- Business
- Business Wire
Alter Domus Unveils Newest Whitepaper: Altered States - The Evolution of Tech in Alternatives – How RFPs Reveal the Future of Fund Administration
LONDON & NEW YORK--(BUSINESS WIRE)--Alter Domus, the leading provider of tech-enabled fund administration, private debt, and corporate services for alternative investment managers, today announced the release of its whitepaper, Altered States: The Evolution of Tech in Alternatives – How RFPs Reveal the Future of Fund Administration. The paper marks the second installment in the firms 'Altered States' series and offers a rare data-driven view into how technology expectations in the alternatives space are rapidly evolving. Drawing from nearly 300 Requests for Proposals (RFPs) submitted between 2021 and early 2025, Alter Domus applied a proprietary machine learning framework to analyze how investor and manager priorities are shifting across private equity, private debt, real estate, and infrastructure. 'RFPs are no longer simple checklists of operational requirements but roadmaps to the future. Our research confirms that fund administration has moved from a back-office function to a boardroom-level decision,' said Mark Magro, Global Head of Sales Operations at Alter Domus. The growth of alternative investment managers increasingly depends on their ability to digitize, and the expectations placed on fund administrators to support that scale are rising exponentially. Today's RFPs are no longer just operational checklists – they are strategic declarations that reflect a broader industry shift toward greater complexity, executive efficiency, and long-term adaptability. 'At Alter Domus, we're focused on truly understanding the evolving needs of our clients,' said Jessica Mead, Regional Executive North America at Alter Domus. 'As fund managers grapple with growing complexity and new technologies, we're investing in the tools and expertise that help them stay ahead. This report reflects our commitment to using technology not for its own sake, but to deliver smarter, more responsive fund administration.' Key Insights from the Whitepaper Include: AI and Natural Language Processing (NLP) enter the workflow: Tools like natural language processing are now being used to generate investor letters and convert raw performance data into narrative insights Real-time is the new standard: Private equity firms increasingly demand daily visibility into portfolio company KPIs, while private credit managers require real-time credit scoring and risk exposure data The rise of cyber-resilient infrastructure: 95% of RFPs in 2024 required advanced security protocols, zero-trust architectures, 24/7 threat monitoring, and end-to-end encryption Data democratizing at scale: Managers want more than reports – they want self-service dashboards and non-technical analytics tools that enable smarter and faster decisions at every level To access the full whitepaper, visit here. About Alter Domus Alter Domus is a leading provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry with more than 5,500 employees across 39 offices globally. Solely dedicated to alternatives, Alter Domus offers fund administration, corporate services, depositary services, capital administration, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services.
Yahoo
02-07-2025
- Business
- Yahoo
Massachusetts Division of Capital Asset Management & Maintenance Releases RFP for New Springfield Regional Justice Center
SPRINGFIELD, Mass., July 02, 2025 (GLOBE NEWSWIRE) -- Greystone Real Estate Advisory Group (GREA), serving as transaction advisor for the Massachusetts Division of Capital Asset Management & Maintenance (DCAMM), is pleased to announce a Request for Proposals (RFP) which provides an exceptional opportunity to design, build, and own a landmark facility anchored by a 40-year initial lease with the Commonwealth -- a new courthouse facility in Springfield, MA. The selected development partner will be responsible for providing a site and delivering a fully functional courthouse encompassing up to 330,000 usable square feet to accommodate judicial, administrative, detention, and court services. The initial lease term will span 40 years, with the potential for two 10-year extensions, for a total term of up to 60 years. 'DCAMM is pleased to announce the availability of the Request for Proposals as a major milestone in the Commonwealth's efforts to accelerate the delivery of a new modern regional justice center for Springfield and Hampden County,' said DCAMM Commissioner Adam Baacke. 'We look forward to a robust response from the development community that will ultimately yield a high-quality facility that also reflects important community priorities.' Development proposals must include: A suitable site within the city limits, preferably centrally located in Downtown Springfield, with strong civic identity and convenient public access Design that aligns with court operational needs and enhances community presence Plans to exceed the Commonwealth's sustainability benchmarks Demonstrated experience in delivering large-scale civic or justice-related infrastructure Financial and operational capacity to execute a project of this magnitude 'We are pleased to see this important project move into its next phase,' said Executive Office of the Trial Court Chief Justice Heidi Brieger and Court Administrator Thomas G. Ambrosino. 'This new courthouse will better serve our employees, court users, and the broader community.' In Greystone's role as transaction advisor to DCAMM for the Springfield Regional Justice Center project, services include opportunity marketing to achieve high visibility of this unique solicitation, proposal analysis, and transaction advisory services. Greystone's experience includes serving as the real estate and development advisor to numerous Commonwealth agencies, including the MBTA, MassDOT and DCAMM, in addition to numerous public institutions across the nation. For more information, please visit About the Greystone Real Estate Advisory GroupEstablished in 1999, the Greystone Real Estate Advisory Group, a division of Greystone Select Incorporated (Greystone), provides commercial real estate service to public, private, and not for profit clients. Its mission is to provide advisory services that maximize the value of existing real estate portfolios. Through its established partnership with public clients, Greystone Real Estate Advisory Group has become a national leader in the management of revenue-producing properties for public transportation agencies. The group has an established reputation in the marketplace as a results-oriented property asset management firm that routinely identifies new revenue sources from its client's existing portfolios. For more information, visit About the Division of Capital Asset Management and Maintenance The Division of Capital Asset Management and Maintenance (DCAMM) works with state agencies to create and manage forward-thinking, sustainable buildings to meet the needs of the people they serve. DCAMM partners with fellow agencies to help them meet their strategic needs with fiscally responsible building and real estate solutions. CONTACT:Dennis while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
