--- title: "HMCTS Financial Transaction Processing (Middle Office) Service" ocid: "ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8.json" source: "Contracts Finder" current_stage: "Tender" buyer: "MINISTRY OF JUSTICE" published: "2024-09-10" --- # HMCTS Financial Transaction Processing (Middle Office) Service Buyer: MINISTRY OF JUSTICE Current stage: Tender OCID: ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8.json) ## Summary The Ministry of Justice is seeking suppliers for its HMCTS Financial Transaction Processing (Middle Office) Service. The service, managed by His Majesty's Courts and Tribunals Service, involves significant data handling and financial transaction processing, crucial to supporting court operations. The procurement is currently in the tender amendment stage, with interested suppliers required to submit their tenders via the Jaggaer eSourcing Portal. This open procedure is valued at £31,358,000 and targets the "Financial Transaction Processing and Clearing-house Services" category. The tender period ends on 20th September 2024, with the contract period scheduled from 23rd June 2025 to 22nd June 2030, covering regions including the British Overseas Territories, Europe, and the United Kingdom. This tender presents substantial business growth opportunities, particularly for SMEs and VCSEs specialising in financial systems integration, data processing, and banking services. The designated supplier will be responsible for implementing and maintaining a robust system capable of managing and reconciling high transaction volumes, enhancing operational efficiencies, and ensuring seamless data migration alongside the incumbent service. Businesses with a proven track record in sophisticated financial transaction handling and innovative management solutions will find this opportunity well-suited to their expertise, offering a chance to secure a significant government contract and build a strong portfolio within the public sector. ## Notice This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority"). This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority. The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services. The provision of these services is critical to the processing of the court operations and involves the handling of high volumes of processing tasks, including receipting, payments, validation, reconciliation, and consolidation of up to 10 million transactions (over PS3bn) per year. The Authority intends to appoint a supplier to implement a service that will include integrating and maintaining a system that can pay, receive, account and reconcile high volumes of data and financial transactions. It will incorporate the ability to drill down to detailed transactional levels, support the management of individual cases, include exception handling process and the implementation of efficiencies and improved ways of working. The supplier is also required to undertake a transition programme, including data migration, in parallel to the incumbent service. The procurement will be managed, and the procurement documents made available, via the Authority's Jaggaer eSourcing Portal (address below). If you have not yet registered on the e-Sourcing Portal, this can be done online at https://ministryofjusticecommercial.bravosolution.co.uk/web/login.html Interested suppliers must be registered on this site to view the Invitation to Tender (ITT) and will then need to complete and sign a Confidentiality Agreement to access further sensitive information. Once completed and signed the Authority will invite the interested supplier, provided it is registered on the above site, to access the sensitive information. The Confidentiality Agreement can be obtained by sending an email to FTP_Reprocurement@justice.gov.uk All Tenders are to be submitted via the Authority's Jaggaer eSourcing Portal, attention FTP Commercial Team, in accordance with the instructions set out in the Invitation to Tender. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a577284f-1b17-4c12-a4b0-838a060ae078 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Sep 2024 | | Submission deadline | 20 Sep 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 22 Jun 2025 - 22 Jun 2030 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £31,358,000 | | 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 | MINISTRY OF JUSTICE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 9AJ | | 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 | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66172000 - Financial transaction processing and clearing-house services ## Release History - 10 Sep 2024 at 15:12 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a577284f-1b17-4c12-a4b0-838a060ae078 - 30 Jul 2024 at 16:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a577284f-1b17-4c12-a4b0-838a060ae078 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a577284f-1b17-4c12-a4b0-838a060ae078 10th September 2024 - Opportunity notice on Contracts Finder - https://ministryofjusticecommercial.bravosolution.co.uk Link to eSourcing Portal ## Notice URLs - https://ministryofjusticecommercial.bravosolution.co.uk/web/login.html - https://www.gov.uk/government/organisations/ministry-of-justice ## 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-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7898fc42-af46-4a59-b7f6-706fd08055c8.json.