Award

LSEG Financial Market Information

CARDIFF METROPOLITAN UNIVERSITY

This public procurement record has 1 release in its history.

Award

30 Sep 2025 at 10:54

Summary of the contracting process

Cardiff Metropolitan University, located in Cardiff, United Kingdom, has recently concluded a procurement process for the provision of licences and subscription services to the LSEG cloud-based platform for financial market information. This process falls under the services category, specifically subscription services, and adheres to the UK legal framework reference 2023/54. The procurement method used was direct, below the threshold, and without competition, signifying a streamlined approach to contract award. The status of the tender is complete, with the contract covering a period from 1st October 2025 to 30th September 2026. The total contract value is £132,000, with a net procurement amount of £110,000. The legal obligations were finalised as of 30th September 2025.

This tender presents valuable opportunities for businesses specialising in subscription and cloud-based services within the financial information industry. Although the procurement was directed and below the competitive threshold, businesses capable of offering innovative financial market data solutions may find avenues for collaboration with institutions like Cardiff Metropolitan University in future queries. Companies similar to LSEG, particularly those with large-scale capabilities, are well-suited to engage with such academic institutions and contribute to their technological advancements and operational efficiencies in financial information management.

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Notice Title

LSEG Financial Market Information

Notice Description

Provision of licences/subscription to the LSEG cloud-based platform for financial market information.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a4c4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/060825-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£110,000 £100K-£500K

Notice Dates

Publication Date
30 Sep 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Sep 20254 months ago
Contract Period
30 Sep 2025 - 30 Sep 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CARDIFF METROPOLITAN UNIVERSITY
Contact Name
Procurement Department
Contact Email
tenders@cardiffmet.ac.uk
Contact Phone
02920416061

Buyer Location

Locality
CARDIFF
Postcode
CF5 2YB
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified

Local Authority
Cardiff
Electoral Ward
Llandaff
Westminster Constituency
Cardiff West

Supplier Information

Number of Suppliers
1
Supplier Name

LSEG

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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