Award

CON-21-141 Cryptoasset Blockchain Analysis Platform

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Jul 2022 at 13:00

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a public procurement process for the project titled "CON-21-141 Cryptoasset Blockchain Analysis Platform". This procurement falls under the financial information systems industry category and is located in London, UK. The open tender, which was initiated to secure specialized services for analysing cryptoasset blockchain data, concluded on 1st July 2022, with the contract award subsequently published on 12th July 2022. The total value of the contract is £399,204, and the contract period spans from 12th July 2022 to 30th June 2024.

This tender presents significant opportunities for businesses specialising in blockchain analysis and financial technology solutions. Companies that can provide advanced analytics capabilities, training, and ongoing support in these areas would be particularly well-suited to engage in future tenders related to the FCA’s regulatory requirements. With the growing importance of compliance in the cryptoasset sector, this contract also encourages innovation and services from small and medium-sized enterprises (SMEs) looking to expand their presence in the financial services market.

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Notice Information

Notice Title

CON-21-141 Cryptoasset Blockchain Analysis Platform

Notice Description

On 10th January 2020 the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for firms carrying out certain in scope cryptoasset activity in the UK. The FCA is required under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs) to approve and register firms conducting in scope cryptoasset activities and ensure that these firms are effectively monitored to secure compliance with these regulations. As the supervisor of in scope cryptoasset activity in the UK, the FCA requires access to specialist services to support the analysis of cryptoasset blockchain data. The FCA is seeking the services of a third-party firm specializing in this area who can provide access to a platform that can support the robust and efficient analysis of cryptoasset blockchain data and provide training and ongoing support in the use of this platform.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3f69a46e-b0df-4f0e-8bd5-19a6ebd283ff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/52e4b514-b469-45d1-bcfe-43243f87a675
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
£399,204 £100K-£500K
Lots Value
Not specified
Awards Value
£399,204 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jul 20223 years ago
Submission Deadline
30 Jun 2022Expired
Future Notice Date
Not specified
Award Date
30 Jun 20223 years ago
Contract Period
11 Jul 2022 - 30 Jun 2024 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
Contact Email
isprocurement@fca.org.uk
Contact Phone
+442070661000

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

CHAINALYSIS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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