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RFP: Data Transformation Strategic Partner

Apply By: 10/9/2026
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The Federal Home Loan Bank of Chicago is seeking a partner with strong experience supporting highly regulated organizations through large-scale Data and Analytics initiatives. Scope may include assessing the current state, reviewing and refining the data strategy, evaluating the existing technology stack, and proposing and executing a strategic implementation plan.

If you meet the following requirements, please respond by completing the Prospective Vendor Submission Form below and referencing RITM0191567, RFP: Data Transformation Strategic Partner, within the form, or by emailing vendormanagement@fhlbc.com by 4:00 p.m. on October 9, 2026.

We are interested in partners that can demonstrate the following qualifications and experience:

  • Minimum of five years of experience delivering enterprise data transformation engagements.
  • At least five completed projects supporting organizations subject to significant regulatory oversight.
  • Demonstrated experience with enterprise data governance and data management programs.
  • Demonstrated success modernizing and transforming large Data and AI initiatives for Fortune 500 companies in the banking and financial services sector.
  • Demonstrated ability to deliver using offshore, onshore, and nearshore delivery models.
  • Ability to provide a proposed engagement team with senior-level strategy, architecture, governance, and program management resources.
  • Ability to provide client references for engagements of similar scope and complexity.
  • Experience assessing and modernizing enterprise data and analytics technology stacks.

This RFP is open to vendors offering scalable, reliable, and forward-looking approaches to data transformation. Target dates are listed below:

  • RFP Vendor Issue Date: October 12, 2026
  • Submissions Due: October 30, 2026
  • Finalist Presentations: November 9th - 13th

Vendor Interest Form

Section 0: Attestation & Disclaimer

Acknowledgment Required

By submitting this form, you acknowledge that your information will be reviewed by the Bank's Strategic Sourcing and Vendor Management team. Due to the high volume of interest, we may not be able to respond to every submission. Vendors whose capabilities align with current or future sourcing needs may be contacted for further engagement.

Acknowledgement Required

Section 1: Basic Information

Section 2: Business Profile

Section 3: Spend Category Alignment

Which category best describes you offerings?*

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Section 4: Risk & Compliance Posture

Do you hold any of the following certifications?

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Where are your operations based?

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Do you carry insurance coverage relevant to your services?

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Do you use subcontractors or third-party providers to deliver services?

If Yes, please describe

Section 5: Engagement Interest

What types of engagements are you interested in?
Are you responding to a specific sourcing opportunity?

If Yes, please specify which opportunity

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Do you offer volume-based discounts or preferred pricing for financial institutions?

Section 6: Supporting Materials

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