Published date: 15 June 2017

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 2 May 2017

Contract summary

Industry

  • Investment management software package - 48411000

  • IT services: consulting, software development, Internet and support - 72000000

Location of contract

West Midlands

Value of contract

£1,000,000

Procurement reference

PP17044/2

Published date

15 June 2017

Closing date

2 May 2017

Contract start date

1 June 2017

Contract end date

31 May 2022

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

LGPS Central, the £35 billion multi-asset investment pool created by eight Midlands based local government pension funds, is seeking to appoint a suitably qualified and experienced supplier to provide a global, multi-asset, integrated investment management platform that incorporates risk management with portfolio management, trading, compliance and operations. The system should be able to deliver "straight through processing", thus enhancing the efficiency of the investment process and reducing the reliance on manual reconciliation.

More information

Previous notice about this procurement

LGPS Central Straight Through Processing - Investment System

  • Opportunity
  • Published 3 April 2017, last edited 3 April 2017

Attachments

Links

Additional text

Submissions must be made via the e-tendering portal. Please allow sufficient time for uploading your submission. The tender opportunity closes at 12 noon.

Award information

Awarded date

18 May 2017

Contract start date

1 June 2017

Contract end date

31 May 2022

Total value of contract

£2,300,000

This contract was awarded to 1 supplier.

Bloomberg Finance L.P.

Address

39-45 Finsbury Square, Citygate House, London. EC2A 1PQ

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Jessica Prince

Address

Civic Centre
St. Peter's Square
Wolverhampton
WV1 1RL
England

Email

jessica.prince@wolverhampton.gov.uk