Awarded vendors
- QED Financial Systems Inc
Description
The State Treasurer’s Office of New Mexico is awarding a four‑year, sole‑source contract for a proprietary accounting and investment‑management software platform that will be fully hosted and maintained by QED Financial Systems (via Broadridge). The solution includes cloud hosting, disaster‑recovery, continuous software updates, 24/7 support, extensive reporting, and integration with Bloomberg, JP Morgan, and the state’s ERP system. The contract value is approximately $300 k per year (about $1.2 M over the full term).
• Fully‑managed cloud SaaS for state treasury accounting and investment tracking
• Proprietary QED modules (Secure Global Desktop, Investment Accounting, Business Intelligence, Data Mart, iPAS) that cannot be replicated by other vendors
• Mandatory backup, disaster‑recovery testing, and unlimited data‑export capabilities
• Integration with Bloomberg, JP Morgan custodial feeds, PeopleSoft, and a public LGIP portal for local‑government investors
• Fixed‑price annual licensing with a total contract ceiling of $300,000 per year