Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Global Custodian and Investment Accounting Services

Pool Reinsurance Company Limited

This public procurement record has 2 releases in its history.

Award

27 Dec 2024 at 12:29

Award Notice
Tender

12 Jan 2024 at 14:33

Tender Notice
Summary of the contracting process

Pool Reinsurance Company Limited has completed the procurement process for the provision of global custodian and investment accounting services for its investment fund. The procurement was structured in two lots: Lot 1 for global custodian services and Lot 2 for investment accounting services. The contract, valued at £4,011,350, was openly tendered and follows an open procedure (above threshold). Key dates include the tender period end date on 16th February 2024, with the contract spanning from 24th June 2024 to 23rd June 2029. Services will be delivered in London, United Kingdom, within the financial and insurance services industry category.

This tender offers substantial opportunities for businesses specialising in financial and investment services, particularly those capable of providing comprehensive custodial and accounting services for large, diverse investment portfolios. The project is well-suited for both large enterprises and SMEs, providing platforms to engage in long-term service provision and potentially enhance market visibility and growth. The respective awards have been granted to Clearwater Analytics, LLC, and JPMORGAN CHASE BANK, N.A., LONDON BRANCH, signifying viable prospects for similarly specialised firms to compete in future procurements.

How relevant is this notice?

Notice Information

Notice Title

Global Custodian and Investment Accounting Services

Notice Description

Pool Re is awarding two suppliers for the provision of global custodian and investment accounting services for its investment fund. The procurement was structured in two individual lots: Lot 1) Provision of global custodian services; Lot 2) Provision of investment accounting services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b10bb653-1868-488c-b928-75072611a785
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f708e154-c842-40d9-aa28-788ae3ee2af3
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£4,011,350 £1M-£10M
Lots Value
Not specified
Awards Value
£4,011,350 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Dec 20241 years ago
Submission Deadline
16 Feb 2024Expired
Future Notice Date
Not specified
Award Date
12 Apr 20242 years ago
Contract Period
24 Jun 2024 - 23 Jun 2029 Over 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
Pool Reinsurance Company Limited
Additional Buyers

Pool Re Services Limited

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC4R 9AF
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
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

Clearwater Analytics, LLC

JPMORGAN CHASE BANK, N.A., LONDON BRANCH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...