---
title: "Market Data Processing System"
ocid: "ocds-h6vhtk-034d96"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-034d96"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-034d96.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-034d96.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "FINANCIAL CONDUCT AUTHORITY"
published: "2022-07-04"
---

# Market Data Processing System

Buyer: FINANCIAL CONDUCT AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-034d96

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-034d96)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-034d96.json)

## Summary

The Financial Conduct Authority is seeking suppliers for a contract titled "Market Data Processing System," classified under compliance software within the goods procurement category. This contract modification, which is currently in the Award stage, involves a total value of £34,250,000, including a recent modification value of £10,750,000. The modification extends the existing contract's end date from 14th April 2023 to 14th April 2026, allowing time for essential technical updates and future procurement efforts. The procurement method utilised is competitive dialogue, ensuring a fair and transparent process.

This tender presents significant opportunities for businesses specialising in compliance software, IT services, and financial systems. Companies that provide programming services, system support, and software development are especially well-suited to compete for future procurements stemming from this modification. Given the FCA's focus on enhancing market data management systems, firms with capabilities in data processing and financial transaction services are particularly encouraged to engage in upcoming bidding processes to expand their presence within the public sector.

## Notice

This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118

### Lot Information

Lot 1

Markets Data Processor (MDP) is an externally managed platform that collects MiFID II / MAR data from Market Participants, validates the data, supports data management. The data is used at the FCA to supervise financial markets, primarily for the detection of market abuse, market manipulation and breeches of commodity derivatives position limits. Following a Request for Information (RFI) process, advertised through The UK Find a Tender Service under reference 2022/S 000-008070, it has been determined to enable a future procurement, which is both fair and transparent a modification to the existing platform is required. This modification is to simplify the solution, refreshing legacy system components to ensure business continuity while a future procurement is undertaken. Allowing sufficient time for process and transition to take place without business interruption. The FCA has taken the decision, subject to Regulation 72(1)(b) to modify the existing end date of the contract from the 14th April 2023 to the 14th April 2026, this includes the year 8 option, which would have run from 15th April 2023 to the 14th April 2024 and as such this modification is for an additional 2 (two) years based maximum term of the Contract. The value of the modification is PS10,750,000 ex VAT. The original Award value of the Market Data Processing Solution was PS23,500,000 ex VAT and published in OJEU under reference 2016/S 059-100118. The new end date reflects the time and the technical work required to update, simplify the solution and document the new architecture in readiness for the future procurement. Additional information: This Notice does not relate to the award of a new Contract but to a modification to an existing contract in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015. The Contract modification addressed by this Notice is for the provision of the Market Data Processing System originally awarded in OJEU under reference 2016/S 059-100118

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/018158-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Selective |
| Procurement method details | Competitive dialogue |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jul 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 22 Mar 2016 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £34,250,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL CONDUCT AUTHORITY |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SOPRA STERIA |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48170000 - Compliance software package
- 48442000 - Financial systems software package
- 66172000 - Financial transaction processing and clearing-house services
- 72000000 - IT services: consulting, software development, Internet and support
- 72212000 - Programming services of application software
- 72212517 - IT software development services
- 72232000 - Development of transaction processing and custom software
- 72250000 - System and support services
- 72253000 - Helpdesk and support services
- 72253100 - Helpdesk services
- 72261000 - Software support services
- 72262000 - Software development services

## Release History

- 4 Jul 2022 at 12:37 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/018158-2022

## Notice URLs

- https://fca.delta-esourcing.com/
- https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=702350698
- https://ted.europa.eu/udl?uri=TED:NOTICE:100118-2016:TEXT:EN:HTML
- https://www.fca.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-h6vhtk-034d96. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-034d96.json.