This public procurement record has 3 releases in its history.

Award

29 Jul 2026 at 11:09

Award

10 Apr 2026 at 15:40

Award

10 Apr 2026 at 15:11

Summary of the contracting process

UK Export Finance, a central government public authority located in London, has completed a procurement process titled "Aptitude Professional Services - IFRS9 Build", aimed at implementing an IFRS 9 calculation and accounting solution using Aptitude Software. This process falls under the "services" industry category, focusing on IT services including consulting, software development, Internet, and support. The procurement was carried out via a "direct" award method, justified by the supplier's intellectual property rights over the necessary software. The contract, awarded to APTITUDE SOFTWARE LIMITED, began on 22 July 2026 and is set to conclude by 21 July 2028, with possible extensions up to 21 July 2029.

This contract provides significant opportunities for IT consultancies and software developers, especially those capable of offering specialised financial solutions. It highlights promising avenues for large-scale IT firms with the expertise and capability to deliver bespoke financial services solutions. Given the contract's focus on implementing advanced accounting standards and meeting enterprise design needs, it suits businesses with experience in delivering complex IT services to high-profile governmental clients. The potential contract extensions also suggest opportunities for sustained, long-term collaboration and business growth.

How relevant is this notice?

Notice Title

Aptitude Professional Services - IFRS9 Build

Notice Description

Procuring Professional services to complete the implementation of an IFRS 9 calculation and accounting solution using Aptitude Software for UKEF's portfolio of financial services, and meeting the accounting and enterprise design standards.

Procurement Information

Supplier owns IPR.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06804d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071642-2026
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
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,666,000 £1M-£10M
Contracts Value
£1,666,000 £1M-£10M

Notice Dates

Publication Date
29 Jul 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Apr 20263 months ago
Contract Period
21 Jul 2026 - 21 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
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
SW1A 2HQ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

APTITUDE SOFTWARE

Further Information

Notice Documents

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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