--- title: "Futures Clearing Broker Services" ocid: "ocds-h6vhtk-06741d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06741d" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06741d.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06741d.json" source: "Find A Tender Service" current_stage: "Award" buyer: "BORDER TO COAST PENSIONS PARTNERSHIP LIMITED" published: "2026-07-03" --- # Futures Clearing Broker Services Buyer: BORDER TO COAST PENSIONS PARTNERSHIP LIMITED Current stage: Award OCID: ocds-h6vhtk-06741d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06741d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-06741d.json) ## Summary The procurement process for the "Futures Clearing Broker Services" contract, organised by Border to Coast Pensions Partnership Limited, has been completed. Based in Leeds, UK, Border to Coast is an FCA-regulated investment manager overseeing assets for 18 Local Government Pension Scheme (LGPS) pension funds. The procurement was conducted under an open, competitive flexible procedure, targeting the financial consultancy and transaction processing industry. The contract award, valued at £500,000, was finalised on 30th June 2026, with HSBC Bank PLC selected as the supplier. The contract period begins on 2nd September 2026 and extends up to 1st September 2031, with options for renewal up to 2036. The procurement stage utilised a tender process and reached award status by July 2026. This tender presents significant growth opportunities for businesses engaged in financial services, especially those proficient in financial consultancy and transaction processing. The requirement for a Futures Clearing Broker who can seamlessly integrate with both current and future Order Management and Portfolio Management systems makes it suitable for firms with advanced technological capabilities. Large-scale financial institutions, such as established banks and financial service providers, are well-positioned to bid successfully for similar projects given their resources and experience in complex financial operations. The competitive and flexible nature of the procedure allowed for a broad set of potential suppliers, with quality of service and competitive pricing forming key criteria in the selection process. ## Notice Border to Coast Pensions Partnership Limited ("Border to Coast") is an FCA regulated investment manager based in Leeds, UK managing assets on behalf of 18 Local Government Pension Scheme ("LGPS") pension funds (as of 1 April 2026). Border to Coast has investment propositions across a range of asset classes including equities, fixed income, private markets and real estate. There is a mix of internal (direct) and external (via third party managers) management across these propositions. Assets under management are currently ~PS53bn and are expected to grow to ~PS115bn over the next 2 - 3 years. In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds. Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026. Third Party Administrator ("TPA") services, including brokerage, custody and fund accounting, are provided by Northern Trust. Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability. The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA. ### Lot Information Lot 1 Renewal: The contract is expected to commence from late August - early September 2026. The contract will be for an initial period of 5 years with an option to extend for a further 5 years ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/062981-2026 | | Notice type | UK6 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Competitive flexible procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 3 Jul 2026 | | Submission deadline | 18 May 2026 | | Future notice date | 5 May 2026 | | Award date | 29 Jun 2026 | | Contract period | 1 Sep 2026 - 1 Sep 2031 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £500,000 | | Lots value | £500,000 | | Awards value | £500,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Pending | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BORDER TO COAST PENSIONS PARTNERSHIP LIMITED | | Locality | LEEDS | | Post town | Leeds | | Postcode | LS1 2HJ | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE4 West Yorkshire | | ITL 3 | TLE42 Leeds | | Local authority | Leeds | | Electoral ward | Little London & Woodhouse | | Westminster constituency | Leeds Central and Headingley | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | HSBC BANK | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66170000 - Financial consultancy, financial transaction processing and clearing-house services ## Release History - 3 Jul 2026 at 15:35 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/062981-2026 - 5 May 2026 at 15:29 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/041210-2026 - 25 Mar 2026 at 16:17 - PlanningUpdate - UK3 - Planned Procurement Notice - https://www.find-tender.service.gov.uk/Notice/027496-2026 - 25 Mar 2026 at 15:48 - Planning - UK3 - Planned Procurement Notice - https://www.find-tender.service.gov.uk/Notice/027464-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/062981-2026 3rd July 2026 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/041210-2026 5th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/027496-2026 25th March 2026 - Planned procurement notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/027464-2026 25th March 2026 - Planned procurement notice on Find a Tender ## Notice URLs - https://procontract.due-north.com/Login/Index?ReturnUrl=/Login/LogoutConfirmation - https://www.bordertocoast.org.uk/ - https://www.business.hsbc.com/en-gb - https://www.legislation.gov.uk/ukpga/2023/54/contents ## 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-06741d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06741d.json.