Award

Market Effective Decision Making (MED) data sets

FCA

This public procurement record has 1 release in its history.

Award

06 Jan 2026 at 15:33

Summary of the contracting process

The UK's Financial Conduct Authority (FCA) has completed the procurement process titled "Market Effective Decision Making (MED) data sets," focusing on building a Red Flag Model to identify potential non-compliance within premium equity commercial companies. This project is aligned with the FCA's strategic priority of being a smarter regulator. The procurement, classified under services, falls within the Information Technology, Electronic Data Exchange, and Data Services industry categories. The buying organisation, FCA, headquartered in London, employed a direct procurement method below the threshold without competition. The contract is in the active stage, running from 2nd January 2026 to 30th June 2027, with a gross value of £129,600. The main supplier is Refinitiv Ltd, based in London.

This procurement provides substantial opportunities for business growth within the information technology and data services sectors. Businesses specialising in developing predictive analytics, data management solutions, or compliance technology could find similar opportunities appealing. The use of a direct procurement method suggests opportunities for companies capable of delivering specialised, high-quality services. As demonstrated by the award to Refinitiv Ltd, large-scale businesses with a proven track record in providing comprehensive data services would likely thrive in such competitive scenarios.

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Notice Title

Market Effective Decision Making (MED) data sets

Notice Description

Building a Red Flag Model to proactively identify potential non-compliance and misconduct among premium equity commercial companies. The creation of a red flag model directly supports the FCA strategic priorities to be a smarter regulator.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06004a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000768-2026
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

64 - Postal and telecommunications services

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


CPV Codes

64216110 - Electronic data exchange services

72222300 - Information technology services

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£108,000 £100K-£500K

Notice Dates

Publication Date
6 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Dec 20252 months ago
Contract Period
2 Jan 2026 - 30 Jun 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FCA
Contact Name
Not specified
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
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

REFINITIV

Further Information

Notice Documents

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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