--- title: "Review of Securities Settlement and Collateral Management Operations" ocid: "ocds-h6vhtk-041bd7" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-041bd7" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-041bd7.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-041bd7.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "BANK OF ENGLAND" published: "2023-11-22" --- # Review of Securities Settlement and Collateral Management Operations Buyer: BANK OF ENGLAND Current stage: Planning OCID: ocds-h6vhtk-041bd7 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-041bd7) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-041bd7.json) ## Summary The Bank of England is planning a tender for the review of its securities settlement and collateral management operations. The tender falls under the IT services category, focusing on consulting, software development, and Internet support. The deadline for responses is 18th December 2023, and the Bank is seeking engagement from a range of suppliers, system integrators, and service providers. The procurement process is in the planning stage, and the buying organisation is the Bank of England located in London, United Kingdom. This tender presents an opportunity for IT services providers to engage with the Bank of England and potentially support its financial markets operations. Businesses specialized in software development, consulting, and Internet support would be well-suited to compete for this contract. By participating, businesses can contribute to the Bank's review process and potentially secure future opportunities for collaboration in the field of securities settlement and collateral management. ## Notice The Bank of England is the United Kingdom's central bank and exists to ensure monetary and financial stability. It sets interest rates to achieve the inflation target; has responsibility for UK financial stability; is active in a range of financial markets; and issues bank notes. The Bank is reviewing its financial markets securities settlement, collateral management and asset servicing operations. This includes a review of the Bank's main collateral management and settlement systems and the related operating model considerations. The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's operations and considerations, including the information requested from interested suppliers. The deadline to respond is 17:00 18/12/23. ### Lot Information Lot 1 The Bank is reviewing its securities settlement, collateral management and asset servicing operations. This includes a review of the Bank's main collateral management and settlement systems and the related operating model considerations, and how to respond and be ready for ongoing and future post trade innovation and 'digitisation' in particular. As part of the Bank's review, this RFI is designed to further inform the Bank's thinking, both in terms of its future operating model as well as potential system solutions. The Bank would welcome engagement from a range of suppliers, system integrators and service providers. This will allow the Bank to gather and assess responses from the wider market, and to then use these responses to facilitate engagement and to support any future decision making regarding any future processes. The Bank is also looking to form a view on the likely costs, with due regard to value for money considerations, to enable it to set reasonable budgets for the capabilities it may need. It is not the intent of the Bank to compare responses for the purposes of any pre-qualification or short listing. This is a 'Request For Information' only. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/034488-2023 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | 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 | 22 Nov 2023 | | Submission deadline | Not specified | | Future notice date | 2 Jun 2024 | | 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 | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BANK OF ENGLAND | | Locality | LONDON | | Post town | Central London | | Postcode | EC2R 8AH | | 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 | Walbrook | | Westminster constituency | Cities of London and Westminster | | Delivery location | TLI London | ## CPV Codes ### Divisions - 48 - Software package and information systems - 72 - IT services: consulting, software development, Internet and support ### Codes - 48000000 - Software package and information systems - 72000000 - IT services: consulting, software development, Internet and support ## Release History - 22 Nov 2023 at 08:54 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/034488-2023 ## Notice URLs - http://www.bankofengland.co.uk - https://supplierlive.proactisp2p.com/Account/Login ## 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-041bd7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-041bd7.json.