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LSEG cloud-based platform

Cardiff Metropolitan University

This public procurement record has 1 release in its history.

Award

05 Oct 2026 at 11:13

UK7 - Contract Details Notice
Summary of the contracting process

Cardiff Metropolitan University procured licences and a subscription to LSEG’s cloud-based financial market information platform. This is a financial data and information subscription service for the university, delivered in Cardiff, Wales. The requirement covers access to the platform rather than a separately described implementation or consultancy service.

The procurement is complete and awarded to LSEG, which also signed the contract. Cardiff Metropolitan University used a direct award below the relevant threshold, without competition. The contract was signed on 1 October 2026 and runs from 1 October 2026 to 1 October 2027. Its value is £116,666 excluding VAT (£140,000 including VAT). The requirement was arranged as a single lot. The published process outcome records one selected supplier; no comparative evaluation criteria are stated for this direct award.

This award shows Cardiff Metropolitan University’s demand for licensed access to a cloud-based financial market information platform. A credible competitor for a similar requirement would need to provide a dependable platform containing financial market information, together with subscription access and licensing suited to an institutional customer. The selected provider is a large supplier, indicating that an established platform provider is well placed to meet this requirement. Suppliers should be able to sustain access throughout the contract term and support users’ ongoing need for market information. The award was made directly without competition, so it also demonstrates that the university has used a non-competitive route for this purchase; it does not establish that future requirements will use the same route.

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Notice Information

Notice Title

LSEG cloud-based platform

Notice Description

Provision of licences/subscription to the LSEG cloud-based platform for financial market information.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078085
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/093705-2026
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
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£116,666 £100K-£500K

Notice Dates

Publication Date
5 Oct 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 1 Oct 2027 1-2 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
Cardiff Metropolitan University
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CARDIFF
Postcode
CF5 2YB
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified
Local Authority
Cardiff
Electoral Ward
Llandaff
Westminster Constituency
Cardiff West

Supplier Information

Number of Suppliers
1
Supplier Name

LSEG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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