Data Administration Services for ENABLE Guarantee Transactions
Awarded 17 Sep 2023
About
British Business Bank awarded a contract to European Datawarehouse Ltd for data administration services related to several ENABLE Guarantee transactions.
The service includes collateral data processing, such as accepting data files from participating originators, storing data on UK-domiciled servers, performing regular back-ups, and enabling access to data files for the British Business Bank and other third parties (e.g., calculation agent or investors).
The contract was awarded through a Direct Award in line with the Contracting Authority's Standing Financial Instructions, with no extension provision available.
The contract value is £60,000.
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