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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 12:19

Award Notice
Tender

12 Jan 2024 at 14:33

Tender Notice
Summary of the contracting process

Pool Reinsurance Company Limited, based in London, UK, has completed the procurement process for Global Custodian and Investment Accounting Services. The procurement, categorized under Financial and insurance services, was conducted through an open procedure and structured in two lots: Global Custodian Services and Investment Accounting Services. The contract, valued at £2,261,350 for Global Custody and £1,750,000 for Investment Accounting, was awarded to JPMorgan Chase Bank, N.A., London Branch and Clearwater Analytics, LLC, respectively. Key dates include the contract signing dates on 13 December 2024 and 25 June 2024.

This tender offers substantial opportunities for businesses specialising in financial and insurance services to participate in future procurement processes with Pool Re. Companies experienced in global custodian services, investment accounting, risk analytics, and financial reporting are encouraged to compete for such contracts. Those able to provide comprehensive custodial services, including cash management, trade settlement, and compliance monitoring, will find significant growth potential through collaborations with Pool Reinsurance Company Limited.

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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.

Lot Information

Global Custodian

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.

Options: The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.

Renewal: The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.

Provision of Investment Accounting

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.

Options: The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.

Renewal: The Initial Term of the Contract is 5 years. Pool Re may extend the term for 5 additional periods of up to 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042cbb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041564-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,011,350 £1M-£10M

Notice Dates

Publication Date
27 Dec 20241 years ago
Submission Deadline
16 Feb 2024Expired
Future Notice Date
Not specified
Award Date
25 Jun 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
2028

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
POOL REINSURANCE COMPANY LIMITED
Additional Buyers

Pool Reinsurance Company 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
Not specified
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

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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