--- title: "HMCTS Financial Transaction Processing (Middle Office) Service" ocid: "ocds-h6vhtk-047dd4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-047dd4" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-047dd4.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-047dd4.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "MINISTRY OF JUSTICE" published: "2024-07-16" --- # HMCTS Financial Transaction Processing (Middle Office) Service Buyer: MINISTRY OF JUSTICE Current stage: Planning OCID: ocds-h6vhtk-047dd4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-047dd4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-047dd4.json) ## Summary The Ministry of Justice, acting on behalf of His Majesty's Courts and Tribunals Service (HMCTS), has initiated a planned tender process for the procurement of the HMCTS Financial Transaction Processing (Middle Office) Service. The service encompasses handling financial transactions, data processing, and banking services crucial for court operations. The procurement involves appointing a supplier to implement a system capable of handling high transaction volumes efficiently. The procurement documents will be available via the Ministry of Justice's Jaggaer eSourcing Portal, with the Invitation to Tender expected to be published by the end of July 2024. This tender opportunity presents a chance for businesses specialising in financial transaction processing and clearing-house services to compete for a significant government contract. Companies with expertise in managing high volumes of financial data, implementing efficient processes, and supporting complex transactional activities are well-suited to pursue this opportunity. The Ministry of Justice's planned procurement aims to modernise financial transaction processing within the courts, offering potential partners an avenue to contribute to this critical aspect of the justice system. ## Notice This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority"). This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority. The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services. The provision of these services is critical to the processing of the court operations and involves the handling of high volumes of processing tasks, including receipting, payments, validation, reconciliation, and consolidation of up to 10 million transactions (over PS3bn) per year. The Authority intends to appoint a supplier to implement a service that will include integrating and maintaining a system that can pay, receive, account and reconcile high volumes of data and financial transactions. It will incorporate the ability to drill down to detailed transactional levels, support the management of individual cases, include exception handling process and the implementation of efficiencies and improved ways of working. The supplier is also required to undertake a transition programme, including data migration, in parallel to the incumbent service. The procurement will be managed, and the procurement documents made available, via the Authority's Jaggaer eSourcing Portal. The Invitation to Tender is intended to be published before the end of July 2024. ### Lot Information Lot 1 The Invitation to Tender is intended to be published before the end of July 2024. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/021897-2024 | | 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 | 16 Jul 2024 | | Submission deadline | Not specified | | Future notice date | 22 Jul 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 | MINISTRY OF JUSTICE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 9AJ | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66172000 - Financial transaction processing and clearing-house services ## Release History - 16 Jul 2024 at 15:04 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/021897-2024 ## Notice URLs - http://www.gov.uk/government/organisations/ministry-of-justice/about/procurement ## 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-047dd4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-047dd4.json.