Published date: 23 August 2024
Last edited date: 23 August 2024
This notice was replaced on 18 October 2024
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 18 October 2024)
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Industry specific software package - 48100000
Data supply services - 72319000
Location of contract
E14 4PU
Value of contract
£45,000
Procurement reference
tender_461792/1398112
Published date
23 August 2024
Closing date
6 September 2024
Closing time
5pm
Contract start date
16 September 2024
Contract end date
15 September 2025
Contract type
Service contract
Procedure type
Competitive quotation (below threshold)
The buyer selects a group of potential suppliers to invite to tender.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
INTRODUCTION
Nest is looking to procure one database to support the research activities of the Public Markets team, which is responsible for selecting and monitoring equity and fixed income external fund managers. The purpose of this notice is to identify solutions that can meet our specific requirement.
Data will be used to screen investment strategies across quantitative (including performance, volatility, drawdown analysis, AUM) and qualitative (including investment philosophy, strategy, and ESG approach description) data points. Other use cases include the possibility to compare fund managers against industry benchmarks and custom peer group universes and to run holding-based analysis (to understand style drift, style factor analysis and the main contributors and detractors from performance).
Nest is open to committing for up to a three year subscription if an appropriate discount is offered.
MINIMUM REQUIREMENTS
The database must provide all of the following:
- The data needs to cover a comprehensive set of global and regional fund managers and investment strategies and include information on separately managed accounts, with at least at least 25,000 long-only strategies and 2,500 managers
- The Supplier must supply an option to subscribe to a dataset ONLY with no requirement to subscribe to additional services (e.g. consultancy services).
- The Supplier's licence must allow Nest to use the data as specified in the introduction.
HOW TO RESPOND
We are seeking expressions of interest from suppliers that can provide the above product to the minimum requirements by 5pm, 6th September 2024.
Please provide the information below in an email with the Subject Line "TEN-2425-025 Public Market Database EOI" addressed to procurement@nestcorporation.org.uk by the deadline.
Company Name
Company Website (link to details of product being proposed)
Contact Name
Contact Phone Number
Contact Email Address
Name of Product
Does your offering meet ALL of the minimum requirements set out above? Yes/No
Please note:
Nest will not consider solutions that do not meet the minimum requirements.
Contract value and contract dates provided on this form are arbitrary - we would expect suppliers to provide us with costs when we ask you for quotes and the dates of contract will be decided when the contract is entered (including length of subscription committed to
About the buyer
Contact name
Kat Humphries
Address
10 South Colonnade
London
E14 4PU
England
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