WOLVERHAMPTON CITY COUNCIL · Awarded contract
Awarded

Award of Integrated Investment Management Platform to Bloomberg Finance L.P. for LGPS Central

Awarded 31 May 2017

View live tenders
Awarded31 May 2017
Value£2,300,000.00
RegionWest Midlands
CategoryFinance & Insurance
Ended 4y 5mo ago5y term
Awarded 31 May 2017Expired 30 May 2022

Wolverhampton City Council awarded a contract to Bloomberg Finance L.P.

for the provision of a global, multi-asset, integrated investment management platform incorporating risk management with portfolio management, trading, compliance and operations for LGPS Central, the £35 billion multi-asset investment pool created by eight Midlands-based local government pension funds.

The system delivers straight-through processing to enhance investment process efficiency and reduce reliance on manual reconciliation.

The contract value is £2,300,000.

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