This public procurement record has 5 releases in its history.

Award

22 Jul 2026 at 15:20

Award

15 Jun 2026 at 18:15

AwardUpdate

11 Jun 2026 at 17:37

Award

11 Jun 2026 at 17:30

Planning

01 Apr 2026 at 17:15

Summary of the contracting process

The Financial Conduct Authority (FCA) procured financial, economic, market and reference data services, including associated analytical capabilities. The requirement covers scalable delivery methods that interoperate with the FCA’s technical architecture and established workflows. This is a data services opportunity, with delivery across the United Kingdom. The procurement was organised as one requirement and is relevant to providers of financial and economic datasets, market information, reference data, analytical tools, data platforms and integration services. Suppliers would need to support the FCA’s operational use of these services through technically compatible delivery, rather than supplying standalone data without regard to existing systems. The FCA is a central government public authority based in London.

The procurement has been awarded and the contract is active. The FCA used a direct award, following a market assessment that concluded Refinitiv Limited was the only supplier able to provide the required combination of datasets, analytical capability, interoperability and continuity. The award was made on 9 June 2026 to Refinitiv Limited. The original estimated value was £7,000,000 excluding VAT and £8,400,000 including VAT. The awarded and contracted value is £15,955,448.07 excluding VAT and £19,146,537.68 including VAT. The contract runs from 1 July 2026 to 30 June 2033 and was signed on 29 June 2026. It comprises one lot, marked suitable for small and medium-sized enterprises. The direct-award rationale cited technical reasons and exclusive rights.

This award demonstrates sustained FCA demand for comprehensive financial, economic, market and reference data, supported by analytical capabilities and scalable technical delivery. A future competitor would need credible breadth and depth of data coverage, strong analytics, and the ability to integrate with established regulatory workflows and technical architecture without causing material disruption. Continuity and resilience are central: suppliers would need dependable service availability and the capacity to maintain interoperability as products change. Relevant providers are likely to include large data and information businesses, specialist market-data firms, analytics platforms and integration partners able to combine proprietary or differentiated content with enterprise-grade delivery. Experience supporting complex public-sector or regulated environments would strengthen credibility.

How relevant is this notice?

Notice Information

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.

Notice Details

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 months ago
Submission Deadline
Not specified
Future Notice Date
10 Jun 2026Expired
Award Date
9 Jun 20264 months ago
Contract Period
1 Jul 2026 - 30 Jun 2033 Over 5 years
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
1
Supplier Name

Refinitiv Limited

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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