Bank of England · Awarded contract
Awarded

Renewal of Real Time Gross Settlement (RTGS) Service with Technology Delivery Partner

Awarded 10 May 2020

View live tenders
Awarded10 May 2020
Value£81,389,429.00
RegionUnited Kingdom
CategoryIT & Software
Expires in 9y 6mo16y term, 41% elapsed
Awarded 10 May 2020Expires 9 May 2036

Bank of England awarded a contract to Accenture (UK) Ltd for the renewal of its Real Time Gross Settlement (RTGS) service, which settles more than £600bn of payments each working day.

The contract, valued at AUD 81,389,429, covers the design, build, integration, and support of the replacement Core Settlement Engine (CSE) and end-to-end integration of the renewed RTGS services.

Accenture will provide application development, systems integration, application maintenance, support, operations, service management, and technology products, as well as assist with project and programme management, strategic planning, and innovation.

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