--- title: "Data Sources for the UK's Flow of Funds" ocid: "ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b.json" source: "Contracts Finder" current_stage: "Planning" buyer: "OFFICE FOR NATIONAL STATISTICS" published: "2018-01-24" --- # Data Sources for the UK's Flow of Funds Buyer: OFFICE FOR NATIONAL STATISTICS Current stage: Planning OCID: ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b.json) ## Summary The Office for National Statistics (ONS) in Wales is currently in the planning stage for a procurement process titled "Data Sources for the UK's Flow of Funds." This initiative aims to enhance the quality and granularity of the UK's financial statistics, ensuring detailed and robust data is available for policymakers and analysts. Key dates include the engagement end date on 23rd February 2018, with the procurement primarily classified under database systems and related data services. This tender presents significant opportunities for businesses specialising in data collection, analysis, and management, particularly those that can provide comprehensive record-level data on financial transactions and balances. Companies involved in sectors such as financial services, data analytics, and statistical research would be well-suited to compete for this contract, as the ONS seeks partnerships to improve the UK's financial insights and statistical capabilities. ## Notice BACKGROUND The Office for National Statistics (ONS), working in partnership with the Bank of England, has ambitious plans to transform our economic statistics over the coming years, informed by our Economic Statistics and Analysis Strategy and with the aim of increasing the robustness and quality of UK economic statistics. A key element of our transformation work is the development of enhanced financial statistics - in particular more detailed "flow of funds" statistics - to meet evolving user needs. It is of particular importance to the UK, with its large and international financial sector, that good quality, detailed financial statistics are available to drive the robust analyses required by policymakers, economists and market analysts. Counterparty information ("whom-to-whom" statistics) on balance sheets (stocks) and transactions (the "flow of funds") are a particular requirement. Two of the main objectives for the UK's enhanced financial accounts are to improve the quality, coverage and granularity of the UK's financial accounts, including whom-to-whom statistics, and to improve our flexibility to meet new or ad hoc demands for financial statistics in the future, preferably through the use of rich, record-level data sets. This allows much greater flexibility to evolving requirements for granularity than surveys do, as new breakdowns can be created from different cuts of the same data. SCOPE We are looking for data we can compile into our quarterly, annual and ad hoc financial statistics which are published on a non-disclosive basis i.e. do not allow for individuals (people or organisations') to be identified. Our preference is to receive record-level data and we need clear explanations of both the source of the data and any methodology used in the production of the data. The areas we are interested in include: * balance sheet levels; * transactions and income from securities (debt securities, equity, investment fund shares / units) and; * loans and alternative finance, such as peer-to-peer lending. Data collected from this tender will be used for the purpose of producing aggregate statistics and for statistical research. The ONS have a defined set of policies on the collection and storage of data, ensuring its use is in a secure environment. Further information on ONS's data policies and security policies can be found on the ONS website. USES OF FLOW OF FUNDS Flow of funds statistics have a wide range of analytical applications, in addition to assisting with the assessment of financial stability. If suitable data sources are found, other uses for flow of funds could include improving our understanding of: * market sectors, for example the size of the unsecured loans market; * how businesses fund investment in financial and non-financial assets; * the impact of changes in credit conditions; * shadow banking and alternative finance; * trends in growth of, for example, hedge funds, peer-to-peer lending. Additional information: Please ensure that you register on both Event Brite and In-tend if you are interested in this event. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/686752a0-c666-4c5f-bc22-f7e638cb9880 | | 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 Jan 2018 | | Submission deadline | Not specified | | Future notice date | 23 Feb 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 | OFFICE FOR NATIONAL STATISTICS | | Locality | NEWPORT | | Post town | Newport | | Postcode | NP10 8XG | | Country | Wales | | ITL 1 | TLL Wales | | ITL 2 | TLL5 South East Wales | | ITL 3 | TLL54 Monmouthshire and Newport | | Local authority | Newport | | Electoral ward | Tredegar Park and Marshfield | | Westminster constituency | Newport West and Islwyn | | Delivery location | TLL Wales | ## CPV Codes ### Divisions - 48 - Software package and information systems - 64 - Postal and telecommunications services - 72 - IT services: consulting, software development, Internet and support ### Codes - 48610000 - Database systems - 64216000 - Electronic message and information services - 72300000 - Data services ## Release History - 24 Jan 2018 at 13:24 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/686752a0-c666-4c5f-bc22-f7e638cb9880 - 18 Nov 2016 at 20:17 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/f3bc98ff-0873-41fe-ad34-b6ed0a830247 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/686752a0-c666-4c5f-bc22-f7e638cb9880 24th January 2018 - Early engagement notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/f3bc98ff-0873-41fe-ad34-b6ed0a830247 27th July 2016 - Early engagement notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/b59f359a-7645-4f3c-8c1a-5a558803e44e Market Engagement Day - August 17th - https://in-tendhost.co.uk/ons In-tend supplier registration - https://www.eventbrite.co.uk/e/data-sources-for-the-uks-flow-of-funds-statistics-market-engagement-event-tickets-26718838766?aff=es2 Event Brite Booking - https://www.ons.gov.uk/aboutus/whatwedo/statistics/consultationsandsurveys/allconsultationsandsurveys/economicstatisticsandanalysisstrategy Economic Statistics and Analysis Strategy - https://www.contractsfinder.service.gov.uk/Notice/Attachment/3e59f50d-9690-4c51-bb18-aeeb0900a0be Market Engagement Day - August 17th ## 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-f1dc9f0c-adc9-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f1dc9f0c-adc9-11e6-9901-0019b9f3037b.json.