---
title: "The provision of a Loan Administration System to the Development Bank of Wales"
ocid: "ocds-kuma6s-098528"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-098528"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-098528.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-098528.json"
source: "Sell2Wales"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2021-11-17"
---

# The provision of a Loan Administration System to the Development Bank of Wales

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-kuma6s-098528

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-098528.json)

## Summary

The Development Bank of Wales has successfully completed a procurement process for the provision of a Loan Administration System (LAS), aimed at enhancing its management of SME loan portfolios. This procurement, classified under the services industry category, utilised a selective method under a restricted procedure. The award was made to Equiniti Group plc, with the contract signed on 25 September 2020, valued at £2,082,000. The address for the Development Bank of Wales is 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ, UK. Interested parties were invited to submit bids electronically, with a total of ten bids received, one of which came from an SME.

This tender presents a valuable opportunity for businesses specialised in financial technology and loan administration services to expand their offerings in the public sector. Companies with experience in managing complex migration projects and those demonstrating reliability and user-friendly system design would be well-suited to compete for similar future tenders. The requirement for a cloud-based solution highlights the growing demand for digital transformation within public organisations, allowing tech-savvy firms to connect with the evolving needs of their clients.

## Notice

DBW is seeking to appoint an organisation to provide loan administration services.

### Lot Information

Lot 1

DBW wishes to procure a Loan Administration System ('LAS') to manage its SME loan portfolio. The look and feel of the system must be modern and intuitive, and must support growth in terms of having the capability to accommodate numerous statutory entities, funds and products, as well as growth in the volume of transactions. The system will be cloud based, and should offer a consistent, high performing user experience across a geographically dispersed workforce. DBW is embarking on a digital transformation project, and the LAS must support this project, providing capability in terms of document and information exchange and integration with other systems. The chosen supplier must have a proven track record in the financial services sector, and be able to demonstrate reliability and flexibility. The supplier should also have experience of complex migration projects. Full details regarding DBW's requirement can be obtained from the Invitation to Tender.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=098528 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Nov 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 25 Sep 2020 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,082,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEVELOPMENT BANK OF WALES |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 4BZ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Butetown |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | EQUINITI GROUP |

## 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
- 48219300 - Administration software package
- 48442000 - Financial systems software package
- 48812000 - Financial information systems
- 72222300 - Information technology services

## Release History

- 17 Nov 2021 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=098528

## Documents

- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=NOV379926
  The provision of a Loan Administration System to the Development Bank of Wales - DBW is seeking to appoint an organisation to provide loan administration services.

## Notice URLs

- https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-098528
- https://etenderwales.bravosolution.co.uk
- https://www.developmentbank.wales
- https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=90464

## 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-kuma6s-098528. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-098528.json.