---
title: "Rainbow Customer Contact and Core Banking - LOT 2 - Core Banking, Payment and Reporting"
ocid: "ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "NS&I"
published: "2022-04-29"
---

# Rainbow Customer Contact and Core Banking - LOT 2 - Core Banking, Payment and Reporting

Buyer: NS&I  
Current stage: Tender  
OCID: ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1.json)

## Summary

The procurement process titled "Rainbow Customer Contact and Core Banking - LOT 2 - Core Banking, Payment and Reporting" is being conducted by NS&I, a government-backed financial services provider based in London. This active tender falls under the banking services category and involves a selective procurement method through competitive dialogue. The tender period is set to conclude on 31 May 2022, with the contract expected to commence on 1 April 2023 and run for ten years until 31 March 2033.

This tender presents significant opportunities for businesses specialising in managed services, financial consultancy, data processing, and accounting. Companies with expertise in integrating core banking services, transaction processing, and financial reporting mechanisms would be particularly well-suited to compete for this contract. As the buying organisation is a prominent player in the financial services sector, winning this contract could enhance a business's reputation and lead to long-term partnerships with public sector clients.

## Notice

This package, as part of NS&I's Rainbow Programme, will procure a strategic supplier of managed services to deliver and integrate core banking services and systems of record, including: customer accounts and account lifecycle management; pooled accounts; payment verification and transaction processing; interest calculations and capitalisation; statement generation; product development and lifecycle management; general ledger and product accounting; fraud detection and monitoring; account and customer management information; insight capabilities; reporting and knowledge management; and Open Banking.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2a878ccd-68d6-40d2-8f2c-9f29ffc42ac7 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive dialogue (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Apr 2022 |
| Submission deadline | 31 May 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2023 - 31 Mar 2033 |
| 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 | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NS&I |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1V 2QX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66110000 - Banking services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 72310000 - Data-processing services
- 79210000 - Accounting and auditing services

## Release History

- 29 Apr 2022 at 15:47 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/2a878ccd-68d6-40d2-8f2c-9f29ffc42ac7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2a878ccd-68d6-40d2-8f2c-9f29ffc42ac7
  29th April 2022 - Opportunity notice on Contracts Finder
- https://app.panacea-software.com/nsandi/
  Link to e-procurement portal

## 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-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-55aa1317-dd03-4112-a770-76866a7c2bc1.json.