---
title: "Forwards365 Data Contract"
ocid: "ocds-h6vhtk-044521"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044521"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044521.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044521.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-03-04"
---

# Forwards365 Data Contract

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-044521

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044521)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-044521.json)

## Summary

The Bank of England has awarded a contract for the provision of spot and forward benchmark and reference data for market FX rates to NEW CHANGE CURRENCY CONSULTANTS LIMITED. The contract, titled "Forwards365 Data Contract," falls under the goods category and has been awarded using a limited procurement method without prior publication of a call for competition. The contract, valued at 216,000 GBP, was signed on January 17, 2024. The Bank of England, acting as the buyer, is located in London, United Kingdom.

This tender presents an opportunity for businesses specializing in software packages and information systems to compete for providing benchmark and reference data services to the Bank of England. Companies with expertise in financial data analysis and FX market rates may find this tender particularly suited to their capabilities. The tender process has already reached the award stage, and the successful supplier, NEW CHANGE CURRENCY CONSULTANTS LIMITED, can leverage this contract to grow its business and enhance its reputation in the financial technology sector.

## Notice

Contract award to NCFX for Forwards365 Data. The services are for spot and forward benchmark and reference data for market FX rates.

### Lot Information

Lot 1

The services are for spot and forward benchmark and reference data for market FX rates.

### Procurement Information

No other data provider has sought FCA accreditation for their benchmarks. All other transaction cost analysis (TCA) providers require give-up of trade data directly, without an independent benchmark rate.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/006830-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Mar 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 17 Jan 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £216,000 |

## Status

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

## 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NEW CHANGE CURRENCY CONSULTANTS |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 4 Mar 2024 at 12:33 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/006830-2024

## Notice URLs

- http://www.bankofengland.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-044521. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044521.json.