Data modelling, platform tool & ISO 20022 message development

A Tender Notice
by BANK OF ENGLAND

Source
Find a Tender
Type
Framework (Services)
Duration
4 year
Value
£4M
Sector
TECHNOLOGY
Published
14 Oct 2022
Delivery
To 08 Sep 2027 (est.)
Deadline
15 Nov 2022 12:00

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Bank of England (“the Bank”) wishes to engage a supplier per Lot to deliver Data Modelling, Tooling & ISO20022 Message Development services, which are technological requirements servicing XBRL-based data collections. The contract will also be used to procure consultancy services relating to payment messaging and the RTGS2 programme. Specifically, the consultancy services will provide critical support for developing and maintaining ISO 20022 messages, the payment messaging standard to which the Bank is migrating in 2023. Data Modelling and the Platform Tool are crucial technological requirements, allowing for crucial XBRL-based data collections. They will allow the Bank to collect data from the firms it regulates to fulfil the Bank's mission to maintain monetary and financial stability.

Lot Division

1 Data Modelling & Platform Tool
  • Value: £3M

Through this procurement process the Bank is seeking to select one supplier per lot who can provide the following services (for the avoidance of doubt, suppliers can tender for one or both Lots, and each Lot may be awarded to a different supplier); • Lot 1 The Bank is seeking a suitable supplier to provide data point modelling expertise and related tooling to enable the Bank to meet current and future data collection requirements.
2 ISO 20022 Message Development
  • Value: £800K

Through this procurement process the Bank is seeking to select one supplier per lot who can provide the following services (for the avoidance of doubt, suppliers can tender for one or both Lots, and each Lot may be awarded to a different supplier); • Lot 2 The Bank is seeking a suitable supplier to provide resource and expertise to help deliver the renewed real time gross settlement (RTGS) messaging services. This will enable the Bank to deliver current and future payment messaging services using ISO 20022. The services will include delivery and maintenance of technical artefacts (e.g. ISO 20022 XML messages) for messaging services such as CHAPS, settlement services, and reserves account services. Within this Lot consultancy services will provide critical support for developing and maintaining ISO 20022 messages, the payment messaging standard to which the Bank is migrating in 2023.

CPV Codes

  • 72000000 - IT services: consulting, software development, Internet and support
  • 72246000 - Systems consultancy services
  • 72253200 - Systems support services
  • 72263000 - Software implementation services
  • 72266000 - Software consultancy services
  • 79400000 - Business and management consultancy and related services
  • 79995000 - Library management services

Indicators

  • Restrictions apply to the lot award allocation.
  • This is a one-off contract (no recurrence)
  • Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains