Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform

POOL REINSURANCE LIMITED

This public procurement record has 2 releases in its history.

TenderCancellation

15 Jun 2026 at 15:18

UK12 - Procurement Termination Notice
Tender

07 May 2026 at 10:49

UK4 - Tender Notice
Summary of the contracting process

Pool Reinsurance Limited, a sub-central government public authority located at Equitable House, 47 King William Street, London, issued a tender for the provision of a Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform. The tender, identified by the code PRE00384, was part of an open procedure aimed at sourcing a technology provider to supply, implement, and support the modelling platform. This procurement process, beginning in May 2026, sought solutions to aid long-term investment strategy decisions. Although originally active, the procurement stage ultimately concluded with the tender's cancellation on 15 June 2026, as indicated by the tender cancellation notice published on Find a Tender.

This tender represented a significant opportunity for technology providers specialising in investment management software packages. Companies with expertise in stochastic simulation techniques, economic scenario generation, optimisation engines, capital market assumptions, and risk analysis would have been particularly well-suited for this contract. The contract's potential to support balance sheet risk management across diverse economic environments could enhance a company's reputation in providing state-of-the-art solutions to institutional insurers and reinsurers. Despite its cancellation, understanding such procurement opportunities can be beneficial for business growth strategies focused on governmental and institutional tenders.

How relevant is this notice?

Notice Information

Notice Title

Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform

Notice Description

Pool Re wishes to appoint a suitably qualified and experienced technology provider to supply, implement and support a Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform. Pool Reinsurance Limited and/or any Group Company (as Pool Re Services may require from time to time) in accordance with the terms of the Contract. The solution will be used to support long-term investment strategy, balance sheet risk management and decision-making across a range of economic environments. It must incorporate stochastic simulation techniques, forward-looking stochastic economic scenario generation, an optimisation engine (e.g. MVA), capital market assumptions (CMA's) and quantitative risk and marginal analysis of investment strategies, consistent with best practice for institutional insurers and reinsurers

Lot Information

Lot 1

Renewal: Pool Re may at it's discretion, extend the term on up to four occasions, each for a period of up to 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069323
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/056324-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK12 - Procurement Termination Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48411000 - Investment management software package

Notice Value(s)

Tender Value
£1
Lots Value
£1
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jun 20261 months ago
Submission Deadline
1 Jun 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2026 - 31 Aug 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Cancelled
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
POOL REINSURANCE LIMITED
Additional Buyers

MISSING

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
EC4R 9AF
Post Town
Central 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
TLI London
Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-069323-2026-06-15T16:18:22+01:00",
    "date": "2026-06-15T16:18:22+01:00",
    "ocid": "ocds-h6vhtk-069323",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PVPY-3634-LJDN",
            "name": "Pool Reinsurance Limited",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PVPY-3634-LJDN"
            },
            "address": {
                "streetAddress": "Equitable House, 47 King William Street",
                "locality": "London",
                "postalCode": "EC4R 9AF",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "name": "Commercial Services",
                "email": "commercialservices@poolre.co.uk",
                "telephone": "07565621860"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PVPY-3634-LJDN",
        "name": "Pool Reinsurance Limited"
    },
    "tender": {
        "id": "PRE00384",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform",
        "description": "Pool Re wishes to appoint a suitably qualified and experienced technology provider to supply, implement and support a Strategic Asset Allocation (SAA) and Asset-Liability Management (ALM) modelling platform. Pool Reinsurance Limited and/or any Group Company (as Pool Re Services may require from time to time) in accordance with the terms of the Contract. The solution will be used to support long-term investment strategy, balance sheet risk management and decision-making across a range of economic environments. It must incorporate stochastic simulation techniques, forward-looking stochastic economic scenario generation, an optimisation engine (e.g. MVA), capital market assumptions (CMA's) and quantitative risk and marginal analysis of investment strategies, consistent with best practice for institutional insurers and reinsurers",
        "status": "complete",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "48411000",
                        "description": "Investment management software package"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 1,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "goods",
        "aboveThreshold": true,
        "coveredBy": [
            "GPA",
            "CPTPP"
        ],
        "submissionMethodDetails": "https://www.delta-esourcing.com and access code: EVZC6DE4EB",
        "submissionTerms": {
            "electronicSubmissionPolicy": "allowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2026-06-02T00:00:00+01:00"
        },
        "enquiryPeriod": {
            "endDate": "2026-05-21T14:00:00+01:00"
        },
        "awardPeriod": {
            "endDate": "2026-06-19T23:59:59+01:00"
        },
        "lots": [
            {
                "id": "1",
                "status": "complete",
                "value": {
                    "amountGross": 1,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "price",
                            "name": "Price",
                            "numbers": [
                                {
                                    "number": 30,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "quality",
                            "name": "Quality",
                            "numbers": [
                                {
                                    "number": 70,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "contractPeriod": {
                    "startDate": "2026-09-01T00:00:00+01:00",
                    "endDate": "2027-08-31T23:59:59+01:00",
                    "maxExtentDate": "2031-08-31T23:59:59+01:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Pool Re may at it's discretion, extend the term on up to four occasions, each for a period of up to 12 months"
                }
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            },
            {
                "id": "041831-2026",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/041831-2026",
                "datePublished": "2026-05-07T11:49:09+01:00",
                "format": "text/html"
            },
            {
                "id": "056324-2026",
                "documentType": "tenderCancellationNotice",
                "noticeType": "UK12",
                "description": "Procurement termination notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/056324-2026",
                "datePublished": "2026-06-15T16:18:22+01:00",
                "format": "text/html"
            }
        ],
        "contractTerms": {
            "financialTerms": "All invoices must be sent, quoting the reference PRE00384 to invoicing@poolre.co.uk. Pool Re payment terms are 30 days of receipt of invoice."
        }
    },
    "language": "en",
    "awards": [
        {
            "id": "1",
            "status": "cancelled",
            "finalStatusDate": "2026-06-15T00:00:00+01:00",
            "relatedLots": [
                "1"
            ]
        }
    ]
}