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Order management, portfolio monitoring and risk analytics system

Pension Protection Fund

This public procurement record has 2 releases in its history.

Award

06 Oct 2025 at 13:57

Award Notice
Tender

13 Jan 2025 at 12:38

Tender Notice
Summary of the contracting process

The Pension Protection Fund (PPF) has successfully completed the procurement process for an Order Management, Portfolio Monitoring, and Risk Analytics System. Awarded to BlackRock Financial Management, Inc., the contract entails delivering software solutions categorised under the industry of Financial Analysis Software (CPV 48441000). The contract, divided into two lots, is valued at approximately £74 million, spanning from April 2026 to September 2030, with possible extensions. The procurement was conducted through a Competitive Procedure with Negotiation under the Public Contracts Regulations 2015. Located in London, this award stage follows a completed tender that started publishing in January 2025, with its tender period concluding by June 2025.

This tender offers significant business growth opportunities, particularly for large enterprises experienced in delivering comprehensive financial software solutions. Companies in the sector of software development, focusing on financial analytics, accounting, and portfolio management systems, would find this an ideal project due to the scale and complexity. Furthermore, there's scope for expanding services aligned with market changes and PPF's strategic goals, which could involve providing additional services or systems. Such engagements would be particularly beneficial for businesses capable of adapting to evolving technological needs and potentially managing additional investments in alignment with the fund's growth strategy.

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Notice Information

Notice Title

Order management, portfolio monitoring and risk analytics system

Notice Description

The Board of the Pension Protection Fund (PPF) is awarding a contract, tendered in accordance with the Public Contracts Regulations 2015 under the Competitive Procedure with Negotiation, to deliver the following systems which have been split into two lots: Lot 1 - Order management system; - Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI). Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6c026882-7925-470c-a87e-148beae4bd35
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7800e50e-a163-41c1-be4f-cfe78a477777
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48441000 - Financial analysis software package

Notice Value(s)

Tender Value
£74,025,496 £10M-£100M
Lots Value
Not specified
Awards Value
£74,025,496 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Oct 202510 months ago
Submission Deadline
26 Jun 2025Expired
Future Notice Date
Not specified
Award Date
29 Jul 20251 years ago
Contract Period
1 Apr 2026 - 30 Sep 2030 4-5 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
Pension Protection Fund
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
12 THROGMORTON AVENUE, LONDON
Postcode
EC2N 2DL
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
City of London
Electoral Ward
Broad Street
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BlackRock Financial Management, Inc

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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