Bloomberg Renewal 2025
Buyer: FCA
- Published
- 14 May 2025
- Estimated value
- $746,040
- Place of performance
- UKC
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 021409-2025
- Reference
- ocds-h6vhtk-04fd4e
- Official source
- Official source
CPV codes
- 72222300Information technology services
- 72223000Information technology requirements review services
Description
They FCA required daily access to market data. Some of the risks in this requirement is not in place: It would limit the FCA's ability to bring successful criminal and regulatory action. FCA may not effectively review alerts from our surveillance system, with a risk to our commitment to clean markets. The FCA could not monitor for orderly markets. The data and insight that Bloomberg can provide is key for departments to be able to deliver on its market monitoring objective. There is no viable alternative product. Major policy would go without empirical support, in short evidence-based policy making would be severely impacted. Retaining Bloomberg license is critical for the FCA to complete our statutory objective of 1/ promoting competition and 2/ consumer protection. We are increasingly encouraged to rely on more existing data within the FCA and enhance those with publicly available data. Bloomberg licences is critical to enhance regulatory returns and allow us to perform our function of financial analysis. Internal departments would impact the ability to conduct real-time surveillance of the UK market. Monitoring key funds and relevant investments, market trends and volatility a…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| BLOOMBERG FINANCE L.P. | $746,040 | 31 March 2025 |
Official publications
- FTS · 021409-2025 · 14 May 2025
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- Talent & Resourcing Services
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is $746,040.
- Who is the buyer of this tender?
- The contracting authority is FCA (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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