British Business Bank · Awarded contract
Awarded

Award of Investment Management System (IMS) Contract to eFront Limited by British Business Bank

Awarded 02 Apr 2023

View live tenders
Awarded02 Apr 2023
Value£890,000.00
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 5mo4y term, 90% elapsed
Awarded 2 Apr 2023Expires 1 Apr 2027

British Business Bank awarded a contract to eFront Limited for an investment management system (IMS) to manage the full investment administration cycle of its debt and equity portfolio.

The contract covers implementation, migration support, professional services, licensing, and maintenance.

The award was made using the negotiated procedure without prior publication under Regulation 32(2)(b)(ii) of the Public Contracts Regulations 2015, on the basis that competition is absent for technical reasons.

The contract value is £890,000.

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