Accenture was an existing service provider for which EDC had run an RFP process back in 2017. They were very familiar with the processes and systems at EDC. Given the speed and efficiency with which this program was established and needed to be available to distribute the funds to the small businesses that were facing bankruptcy and an inability to pay their bills, we went with someone who, we felt, could deliver that in a timely manner.
As well, they had significant financial service experience in working with Canadian financial institutions. This program ultimately resulted in agreements with 233 financial institutions right across Canada, and that experience was invaluable.