Award

CON-21-141 Cryptoasset Blockchain Analysis Platform

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

18 Jul 2022 at 08:10

Award Notice
Summary of the contracting process

The Financial Conduct Authority (FCA) is currently engaged in a public procurement process for the project titled "CON-21-141 Cryptoasset Blockchain Analysis Platform," aimed at enhancing its oversight of anti-money laundering and counter-terrorism financing in the cryptoasset sector. This tender, classified under the "Financial information systems" industry, is located in London, UK. The procurement method is an open procedure, and the tender period concluded on 1st July 2022, with the contract period starting from 12th July 2022 and continuing until 30th June 2024. The total value of the contract is £399,204.

This tender presents significant opportunities for businesses that specialise in financial technology and blockchain analysis services. Companies that can provide sophisticated platforms for the analysis of cryptoasset data, along with training and support, would be well-suited to compete. Given the FCA’s commitment to compliance and regulatory oversight, firms that can demonstrate expertise in anti-money laundering measures related to cryptoassets are particularly encouraged to engage in this market, fostering growth in the emerging landscape of digital finance.

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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-b5fd17-96b04034-fe95-4a84-a9e2-99474b89ec1b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6ab3f33-25df-4d0a-9a17-6bb91c26ab78
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
18 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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