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Smart Data Accelerator (SDA) Tech & Infrastructure Research

Financial Conduct Authority

This public procurement record has 2 releases in its history.

AwardUpdate

20 Aug 2026 at 12:19

UK7 - Contract Details Notice
Award

12 Feb 2026 at 14:44

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Conduct Authority commissioned academic research for its Smart Data Accelerator programme. The work examines which infrastructure and data architecture models would best support a UK open finance ecosystem. It is a research services requirement, classified under CPV 73110000, with delivery across the United Kingdom. The buyer is the Financial Conduct Authority, based at 12 Endeavour Square, London. The requirement combines public-policy research with practical analysis of the technology, infrastructure and data arrangements needed to support open finance. It would therefore be relevant to universities, business schools, research organisations and specialist consultancies able to assess digital infrastructure and data architecture in a regulated financial-services context. The procurement comprised one completed lot.

The procurement has been awarded following a below-threshold limited competition. The tender is complete and the single contract is active. The contract was signed on 27 January 2026, starts on 28 January 2026 and ends on 31 August 2026. Its value is £33,333.33 excluding VAT and £40,000 including VAT. The award was made to SAID Business School Ltd and the University of Oxford jointly. The contract covers the research services for the Smart Data Accelerator technology and infrastructure requirement. The process used limited competition rather than an open procedure. The available outcome information identifies one award and one contract, both relating to the single lot. The contract dates were subsequently corrected through an amendment, alongside an update to supplier information.

This procurement demonstrates demand from the Financial Conduct Authority for independent, academically grounded research into the infrastructure and data architecture underpinning open finance. Suppliers well placed for comparable work would combine research capability with expertise in financial services, digital infrastructure, data architecture and regulated innovation. Credibility would come from being able to produce robust evidence, assess alternative technical and operating models, and translate findings into practical implications for a UK open finance ecosystem. Universities, business schools, specialist research institutes and consultancies with established links to financial regulation or data-driven financial services would be natural competitors. Organisations able to assemble multidisciplinary teams spanning policy, technology, economics and applied research would be particularly well suited to this type of requirement when similar work returns to the market.

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Notice Information

Notice Title

Smart Data Accelerator (SDA) Tech & Infrastructure Research

Notice Description

Academic research on defining the infrastructure and data architecture models that would optimally underpin a UK open finance ecosystem.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0652db
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079407-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£33,333 Under £100K

Notice Dates

Publication Date
20 Aug 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Jan 20267 months ago
Contract Period
28 Jan 2026 - 31 Aug 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Financial Conduct Authority
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
E20 1JN
Postcode Area
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
2
Supplier Names

SAID BUSINESS SCHOOL LTD

University of Oxford

Further Information

Notice Documents

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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