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Order management, portfolio monitoring and risk analytics system

Pension Protection Fund

This public procurement record has 3 releases in its history.

Award

06 Oct 2025 at 13:57

Award Notice
Tender

13 Jan 2025 at 12:35

Tender Notice
Planning

05 Aug 2024 at 16:25

Planning Notice
Summary of the contracting process

The Pension Protection Fund (PPF) has awarded a contract for an Order Management, Portfolio Monitoring, and Risk Analytics System to BlackRock Financial Management, Inc. The procurement, carried out through a competitive procedure with negotiation, involves two lots: Lot 1 focusing on Order Management and Portfolio Monitoring for internally managed portfolios, and Lot 2 emphasising Portfolio Monitoring for Growth portfolios in Private Markets. Located in Croydon and London, the industry category involves software packages and information systems, primarily catering to financial analysis needs. The contract, signed on 29th July 2025, spans an initial five-year term with a possibility of extension up to ten years, and the procurement aligns with the Public Contracts Regulations 2015. The PPF, operating under public law, continually adapts to market and strategic shifts, potentially requiring additional investment management services during the contract's lifetime.

This tender opens significant avenues for business growth, especially for companies specialising in financial software and systems tailored to investment management and analytics. Firms with expertise in order management systems, investment risk analytics, fund accounting, and support for diverse asset classes will find this opportunity particularly beneficial. As the market evolves, the potential for additional services remains high, allowing suppliers to innovate and expand their offerings. Given the scale and duration of the contract with a prestigious organisation like PPF, it presents a robust platform for businesses to strengthen their market presence, innovate in financial systems, and nurture long-term partnerships. Competitive firms prepared to meet the technical and strategic demands outlined in the tender documentation would be well-placed to succeed in this procurement process.

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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)

Lot Information

Lot 1 - Order management system, Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI).

Lot 1 - Order management system, Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI).

Renewal: The contracts for both Lots 1 and 2 will be for an initial term of 5 years with optional extensions to take the maximum possible term to 10 years.

Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets)

Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets) Additional information: Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets)

Renewal: The contracts for both Lots 1 and 2 will be for an initial term of 5 years with optional extensions to take the maximum possible term to 10 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0487c9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/062522-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

48441000 - Financial analysis software package

Notice Value(s)

Tender Value
£55,000,000 £10M-£100M
Lots Value
£55,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
£74,025,496 £10M-£100M

Notice Dates

Publication Date
6 Oct 202510 months ago
Submission Deadline
13 Feb 2025Expired
Future Notice Date
1 Oct 2024Expired
Award Date
29 Jul 20251 years ago
Contract Period
1 Apr 2026 - 31 Mar 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

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
CROYDON
Postcode
CR0 2NA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI62 Croydon
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

BlackRock Financial Management, Inc

Further Information

Open Contracting Data Standard (OCDS)

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