Vendors

In May 2020, the Federal Reserve Bank of Boston selected State Street Bank and Trust Company (State Street) as a third-party vendor to serve as the custodian and accounting administrator for this program. State Street was selected for this role after evaluating its response to a request for proposals, which considered implementation and operational capabilities, as well as overall qualifications needed to support the program.

The Federal Reserve Bank of Boston retained Guidehouse, working in partnership with PwC ("Team Guidehouse-PwC"), as a third-party vendor to provide asset purchase intake and due-diligence as well as credit administration services for this facility. Team Guidehouse-PwC was selected for this role after evaluating its response to a request for proposals (RFP), which considered technological and operational capabilities, the ability to deliver a control environment across an integrated solution, and technical expertise needed to execute the defined services.