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Bloomberg Renewal 2025

FCA

Buyer Contact Info

Buyer Name: FCA

Buyer Address: 12 Endeavour Square, London, UKI41, E20 1JN, United Kingdom

Contact Email: fcaprocurement@fca.org.uk

Status
complete
Procedure
direct
Value
895248.0 USD
Published
04 Mar 2026, 16:14
Deadline
n/a
Contract Start
14 May 2025, 23:00
Contract End
14 May 2026, 22:59
Category
n/a
CPV
72222300 - Information technology services
Region
n/a
Awarded To
BLOOMBERG LP
Official Source
Open Find a Tender

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 and cross-referencing company information (to test its veracity) in various complex Supervisory efforts would become difficult.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Documents

Document Description: Not published

Contracts

Contract Title: Bloomberg Renewal 2025

Raw Notice JSON

Expand raw payload
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