India. PFRDA to go fully digital in operations, invites bids from IT vendors to launch tech project

Pension fund regulator PFRDA has initiated steps to digitise its operations through the ‘Technology Architecture (TARCH) Project’, inviting bids from IT solutions providers to launch the project. PFRDA’s most of the operations are currently manual in nature, and digitisation is partial.

PFRDA has decided to digitise and automate its operations through Technology Architecture (TARCH) Project, which is envisioned to be a modular and API (Application Programming Interface) based platform, PFRDA said in a bid document seeking interest from reputed IT system integrators.

“Pension Fund Regulatory and Development Authority (PFRDA) invites Expression of Interest (EOI) from interested and reputed IT vendors/System Integrators (SIs) for design, development/customisation, implementation and maintenance services for PFRDA Technology Architecture (TARCH) Project,” it said.

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