---
title: "Financials Markets data platform"
ocid: "ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2024-05-01"
---

# Financials Markets data platform

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259.json)

## Summary

The Financial Reporting Council (FRC) has awarded a contract for the Financial Markets data platform to Refinitiv Limited. The contract, valued at GBP 1,050,000, falls under the IT services category and is for the provision of financial data, company data, financial news, and analysis. The procurement method used was an open procedure with a contract period starting on May 1, 2024, and ending on April 30, 2029. The buying organisation, FRC, seeks to promote transparency and integrity in business, providing market intelligence, and economic advice.

This tender for the Financial Markets data platform offers opportunities for businesses in IT services, consulting, software development, and Internet support. Companies with expertise in providing financial data services, web or desktop applications, and subscription services would be well-suited to compete for this tender. Businesses should observe the tender period ending on February 29, 2024, and register interest with the FRC's Procurement team to receive further information on the opportunity.

## Notice

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality. The FRC's Economics, Strategy and Analytics (ESA) team provides operational support to various departments at the FRC. These services include but are not limited to: - o Providing market intelligence and analysis on markets, companies, and the general business landscape in the UK o Providing economic advice, including on Regulatory Impact Assessments * To fulfil the activities undertaken by the ESA team, access to a near real-time financial market data platform that provides financial data, company data, financial news and financial analysis and country and economic data for public UK & International entities. This data must be accessible via web or desktop app and Excel plug ins. * The FRC requires, a source of financial market data. Our requirement is therefore subscription services with a database provider (with the breadth and depth of the data we require) that can provide the following content within the following data categories including but not limited to): o Financial statements and accounting standards data o Asset data o Debt data o Audit data o Ownership data o Operation and profit data THIS IS A CONTRACT AWARD NOTICE Additional information: THIS IS A CONTRACT AWARD NOTICE

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d5efa3cc-aece-4f32-b3a0-cde62e30ec1a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 May 2024 |
| Submission deadline | 29 Feb 2024 |
| Future notice date | Not specified |
| Award date | 29 Apr 2024 |
| Contract period | 30 Apr 2024 - 30 Apr 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,050,000 |
| Lots value | Not specified |
| Awards value | £717,745 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 5AS |
| 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 | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | REFINITIV LIMITED (A WHOLLY-OWNED SUBSIDIARY OF THE LONDON STOCK |

## CPV Codes

### Divisions

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

### Codes

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

## Release History

- 1 May 2024 at 08:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d5efa3cc-aece-4f32-b3a0-cde62e30ec1a
- 29 Jan 2024 at 16:17 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/701d5a4a-4e87-48d1-bc06-3dded86b3e3a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d5efa3cc-aece-4f32-b3a0-cde62e30ec1a
  1st May 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/701d5a4a-4e87-48d1-bc06-3dded86b3e3a
  29th January 2024 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f173b402-52d4-43a4-80cd-fcd32be7b784
  Statement of Requirements
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/aa9f7158-318c-4ff7-8b95-3d3fa87e01b0
  Standard Selection Questionnaire
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/10ff13ab-98f0-4706-9135-ddb41bd22409
  Tender Response Document

## Notice URLs

- https://www.frc.org.uk

## 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-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6f214ab9-8128-44b1-a363-6f95f7292259.json.