---
title: "Risk Management System - RFI"
ocid: "ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c.json"
source: "Contracts Finder"
current_stage: "Planning"
buyer: "FSCS"
published: "2018-05-24"
---

# Risk Management System - RFI

Buyer: FSCS  
Current stage: Planning  
OCID: ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c

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## Summary

The Financial Services Compensation Scheme (FSCS) is initiating a tender for a Risk Management System, currently in the planning stage. Located in London, the FSCS aims to enhance its Enterprise Risk Management Framework with a comprehensive system to manage risk-related data. Key dates include an engagement end date on 12 June 2018, with notices related to this procurement available on Contracts Finder since May 24, 2018. The procurement falls under the software package and information systems category.

This tender presents significant growth opportunities for firms specialising in software solutions, particularly those with expertise in enterprise risk management systems. Businesses that are well-positioned to compete are those offering innovative software capabilities aligned with risk policy, controls, and reporting processes. Vendors with experience adhering to ISO 31000 standards and integrating such systems within existing frameworks will find this tender particularly relevant.

## Notice

FSCS has an established Enterprise Risk Management Framework under which it: 1. Sets risk policy and procedures; 2. Identifies and controls risks; 3. Assesses the control of risks; 4. Remediates and improves controls; and 5. Monitors and reports on risk and controls. Risk at FSCS is managed at an enterprise-wide level and at business function level using a central Risk function supplemented by risk-focused resources based across the business and supported by appropriate policies, procedures and methodologies guided by ISO 31000. FSCS is based at one office location in London with around 200 members of staff, although works with a number of key suppliers based across the UK. FSCS requires a system which will allow it to manage all risk related data in order to support the activities within the Enterprise Risk Management Framework. Additional information: Access to the market sounding document can be obtained through the attached link https://fscs.bravosolution.co.uk/web/login.html

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9178190b-943b-46f0-bd1e-5f9a8021ba28 |
| Notice type | Market Engagement Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 May 2018 |
| Submission deadline | Not specified |
| Future notice date | 12 Jun 2018 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Cancelled |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FSCS |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Portsoken |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 24 May 2018 at 10:17 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/9178190b-943b-46f0-bd1e-5f9a8021ba28
- 12 Mar 2018 at 09:54 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/685c6677-f5dc-4225-8b4a-94e63ad091e4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9178190b-943b-46f0-bd1e-5f9a8021ba28
  24th May 2018 - Early engagement notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/685c6677-f5dc-4225-8b4a-94e63ad091e4
  12th March 2018 - Early engagement notice on Contracts Finder

## Notice URLs

- https://fscs.bravosolution.co.uk/web/login.html

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0eb35875-ea08-41bb-ac0c-1f709e8d736c.json.