This public procurement record has 5 releases in its history.

Award

22 Jul 2026 at 14:20

Award

15 Jun 2026 at 17:15

AwardUpdate

11 Jun 2026 at 16:37

Award

11 Jun 2026 at 16:30

Planning

01 Apr 2026 at 16:15

Summary of the contracting process

The Financial Conduct Authority (FCA), a central government public authority based in London, has completed the procurement process for the "LSEG Data Access" contract, involving the provision of financial, economic, and market data services. The services are to be delivered in a manner that is interoperable with the FCA's technical architecture. The contract, awarded on a direct basis for reasons of technical exclusivity and resilience to Refinitiv Limited, commenced on 1st July 2026 and is set to run until 30th June 2033. The procurement, with an active status as of the latest update on 22nd July 2026, falls under the services industry category, specifically data services, and involves a substantial gross contract value of over £19 million.

This tender offers significant growth opportunities for businesses involved in financial data provisioning, particularly those capable of providing comprehensive datasets and analytical capabilities that are highly interoperable with existing technical frameworks. While the direct award to Refinitiv limits immediate contracting opportunities, businesses can draw insights into the FCA's criteria for supplier assessments, which emphasise continuity and technical interoperability. Organisations looking to expand their market data solutions offerings may find opportunities in engaging with FCA's future procurement activities, such as their ongoing market engagement aimed at understanding supplier capabilities for potential future opportunities.

How relevant is this notice?

Notice Title

LSEG Data Access

Notice Description

Provision of financial, economic, market and reference data services, delivered through scalable delivery methods that are interoperable with FCA's technical architecture

Planning Information

The engagement will include a supplier questionnaire to gather structured information. Where required, the following further engagement could be considered: i) One to one sessions with suppliers to discuss capabilities in more detail ii) Requests for demo sessions and/or product walkthroughs to understand functionality, delivery methods, and data coverage In the event of any further procurement activity, the outputs will be shared with the wider market. To engage with this opportunity, please go to the Atamis portal using this link: https://atamis-fca.my.site.com/login?ec=302&inst=P2&startURL=%2Fhome%2Fhome.jsp If you haven't got access to the portal, please register using the following link: https://atamis-fca.my.site.com/s/Welcome

Procurement Information

The FCA undertook a market assessment of available providers against its requirement for financial, economic, market and reference data services, associated analytical capabilities, and delivery methods interoperable with the FCA's existing technical architecture and workflows. Whilst alternative suppliers offer overlapping functionality, the FCA identified no reasonable alternative capable of providing the required combination of datasets, analytical capabilities, interoperability, and continuity of service. The FCA's assessment concluded that only Refinitiv can meet the requirement in full. The FCA further concluded that migrating all or part of the requirement to an alternative provider would require significant migration, integration, and operational change, resulting in material disruption to established workflows and technical architecture. Accordingly, the FCA considers that, for technical and resilience reasons, no reasonable alternative or substitute exists and that a direct award to Refinitiv is justified.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067b3c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069272-2026
Current Stage
Award
All Stages
Planning, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£7,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£15,955,448 £10M-£100M
Contracts Value
£15,955,448 £10M-£100M

Notice Dates

Publication Date
22 Jul 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
10 Jun 2026Expired
Award Date
8 Jun 20261 months ago
Contract Period
30 Jun 2026 - 30 Jun 2033 Over 5 years
Recurrence
Not specified

Notice Status

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

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
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

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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