Published date: 9 February 2020

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.


Closing: 5 March 2020

Contract summary

Industry

  • Treasury services - 66600000

Location of contract

Any region

Value of contract

£0

Procurement reference

BIP461426649

Published date

9 February 2020

Closing date

5 March 2020

Contract start date

24 August 2020

Contract end date

23 August 2025

Contract type

Service contract

Procedure type

Negotiated procedure

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Government Banking Service (GBS) require a Financial Transaction Reporting (FTR) solution that can report intraday position data using transactional data which is used to supply HM Treasury with key financial information, allowing them to effectively deliver government cash management objectives. GBS require a solution that can capture and consolidate data for multiple entities (i.e. The Government Departments bank accounts) and return the information in a format acceptable to GBS and HMT. The solution must be banking industry standard, scalable, flexible, easy to maintain and must have the ability to debt and credit customers' accounts using various file uploads. Additionally, it must have the ability to 'zero' customer accounts, GBS currently utilises a SWIFT bureau and continues to require this method of connecting to the banks

More information

Links

About the buyer

Address

5th Floor West
Ralli Quays
Salford
M60 9LA
UK

Telephone

+44788320722

Email

james.power1@hmrc.gov.uk