Planning

UK Equity Consolidated Tape Provider

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Planning

07 May 2025 at 14:38

Summary of the contracting process

The Financial Conduct Authority (FCA), a central government public authority located in London, is in the planning stage for a procurement initiative titled "UK Equity Consolidated Tape Provider". This tender seeks strategies for an equity consolidated tape system within the financial information systems industry, with an overall contract value estimated at £60 million. The procurement focuses on financial software development and market regulatory services. Interested parties are invited to engage in the process and must register their Expression of Interest by 21 May 2025. The planned contract period spans from 1 July 2027 to 30 June 2032.

This tender presents substantial opportunities for businesses specialising in financial technology, data management, and software development services, particularly those experienced in equity markets. Companies providing innovative solutions for financial data aggregation and transmission are well-suited to compete in this process. Participating in this procurement could offer business expansion into the regulated financial services sector, fostering growth through long-term partnerships with the FCA.

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Notice Title

UK Equity Consolidated Tape Provider

Notice Description

We are engaging with the market to determine possible strategies for a UK Equity Consolidated Tape.

Planning Information

The FCA would like to engage with prospective providers of an equity consolidated tape or suppliers of technology to be used to deliver its proposal to design and implement a Consolidated Tape (“CT”) for the equities market. The FCA is especially interested in the cost drivers of the tape and other design considerations, such as resiliency. For further information on the Consolidated Tape for equities market please visit the FCA’s website [https://www.fca.org.uk/markets/data-reporting-services-providers/equities-consolidated-tape] The FCA would like to receive Expressions of Interest in discussing the cost and other design factors of the equity CT from suppliers with relevant expertise. Suppliers should register their Expression of Interest via the FCA's Procurement inbox [FCAProcurement@FCA.org.uk], by 21/05/2025. In those Expressions of Interest suppliers should provide the following information: - Company Name and Registration Number - Registered Address - Registered Website Address (if applicable) - Lead Contact details including Name, role in organisation, email address and phone number. - Explanation of your expertise which is relevant to this subject matter Following receipt of Expressions of Interest, the FCA intends to arrange calls with all respondents who it determines have suitable expertise in this area, along with other third parties it separately identifies as having expertise. These discussions will focus on the costs of different elements of building and maintaining an equities CT and the FCA may issue further details of areas for discussion prior to those scheduled calls. As the FCA continues with the development of its policy and proposed approach for the structure of the Consolidated Tape for equities, in particular in the drafting of its consultation paper, it may seek to engage further with all, or a sub-set, of those suppliers who have expressed an interest, along with other third parties it identifies as having relevant expertise.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050e18
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019462-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

72 - IT services: consulting, software development, Internet and support


CPV Codes

48812000 - Financial information systems

66152000 - Financial market regulatory services

72200000 - Software programming and consultancy services

72212440 - Financial analysis and accounting software development services

72212441 - Financial analysis software development services

72212442 - Financial systems software development services

72314000 - Data collection and collation services

72317000 - Data storage services

72318000 - Data transmission services

72319000 - Data supply services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
1 Jul 20265 months to go
Award Date
Not specified
Contract Period
30 Jun 2027 - 30 Jun 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
FCA Procurement
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
Not specified

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

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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