---
title: "Provision of Investment Risk Platform Services"
ocid: "ocds-h6vhtk-039791"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-039791"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-039791.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-039791.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)"
published: "2023-11-30"
---

# Provision of Investment Risk Platform Services

Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)  
Current stage: Award  
OCID: ocds-h6vhtk-039791

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-039791)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-039791.json)

## Summary

The National Employment Savings Trust (NEST) has recently awarded a contract for the "Provision of Investment Risk Platform Services" to BlackRock Financial Management Inc through an open procedure. The tender aimed to obtain a tool for monitoring and analysing risk profiles of the investments at both asset class and multi-asset portfolio levels. The procurement process was carried out under the CPV code 72212411 for investment management software development services. The contract, valued at £1,750,000, was signed on 30th September 2023, with a defined standstill period for review procedures.

The tender for the "TEN-2223-015 - Investment Risk Platform" by NEST Corporation remains active, with an award period starting on 13th February 2023. The procurement process seeks to procure an Investment Risk Platform to enhance investment strategies and risk monitoring within NEST. The tender, focused on IT services consulting and software development, offers opportunities for businesses in the services category. The tender period ends on 13th February 2023, and interested parties can submit bids electronically or in writing as per the submission terms provided.

## Notice

This tender requirement is for the Provision of Investment Risk Platform Services across a five year contract duration, to support Nest in monitoring and analysing risk profiles of their investments at both asset class and multi-asset portfolio level.

### Lot Information

Lot 1

This tender requirement is for the Provision of Investment Risk Platform Services across a five year contract duration, to support Nest in monitoring and analysing risk profiles of their investments at both asset class and multi-asset portfolio level.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/035311-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Nov 2023 |
| Submission deadline | 13 Feb 2023 |
| Future notice date | Not specified |
| Award date | 29 Sep 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £1,750,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BLACKROCK FINANCIAL MANAGEMENT |

## CPV Codes

### Divisions

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

### Codes

- 72212411 - Investment management software development services

## Release History

- 30 Nov 2023 at 10:53 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/035311-2023
- 13 Jan 2023 at 20:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001192-2023

## Notice URLs

- http://www.nestpensions.org.uk
- https://nesttenders.bravosolution.co.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-039791. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-039791.json.