Portfolio Management System Tender
1) The selection and implementation of Portfolio Management Systems.
United Kingdom-Preston: Systems consultancy services
Section I: Contracting authority
I.1)Name and addresses
County Hall, Fishergate
Contact person: Procurement Support
Telephone: +44 1633742054
NUTS code: UKD47Internet address(es):Main address: https://www.localpensionspartnership.org.uk/
I.4)Type of the contracting authority
Section II: Object
Portfolio management system and outsourced middle office
II.1.2)Main CPV code
II.1.3)Type of contract
LPP has conducted a review of its investment operations systems and processes which concluded that LPP could implement changes to its current model to improve operational risk resilience and delivery of regulatory compliance. Recommended improvements would also seek to deliver a more scalable model which would aim to be the best in its class and deliver a higher quality service to clients. LPP recognises that internal resources lack the capacity and market expertise to provide complete support to a programme which can deliver the recommendations of the review and is, therefore, seeking specialist consultancy support along with a comprehensive understanding of LPP’s particular operating environment.
II.1.5)Estimated total value
II.1.6)Information about lots
II.2.2)Additional CPV code(s)
II.2.3)Place of performance
II.2.4)Description of the procurement:
This procurement is being managed by Proxima Group on behalf of the Local Pension Partnership Limited (LPP)
It is LPP’s intention to upgrade the systems and processes supporting its regulated investments business, LPP I, and to outsource its middle office function in order to benefit from a greater breadth of expertise and the increased value provided by a specialist provider. It is seeking a consultant to act as a partner, bringing the expertise of operating models, outsourcing and project management and delivery. This is being formalised in the following 2 workstreams:
1) The selection and implementation of Portfolio Management Systems (PMS). The delivery portfolio management systems to support public and private market asset classes will be coordinated with the outsourced middle office. It will select, contract, deploy, configure and test the system before migrating LPP’s portfolios onto it as the middle office services are begun. The workstream includes training of users and enhanced support during initial operations.
2) The implementation of an operating model based on an outsourced middle office. The middle office workstream will deliver an enhanced investment operations process, preparing the model for additional clients, instrument and investment types and client reporting needs. The workstream will define the detailed processes between LPP and its custodians and agreed contracts, commercials and associated service level agreements before integrating the outsourced middle office services into LPP’s new Portfolio Management System.
For further information please contact Jo Bond at Proxima Group on the contact details contained within.
This contract notice.
In order to express your interest and obtain access to the tender documentation, you are required to register your company within the Catalytics e-tendering portal as follows:
1 – Follow the portal web link – https://catalytics.proximagroup.com/Proxima/
2 – Click “register here”
3 – Complete a simple form to register for an account (containing general questions, company details etc)
4 – Set up login details (username & password)
5 – Once you have submitted your details you will receive an email containing a link to activate your account, you should receive this instantly, if you do not please check your junk folder, if the email is not there please contact the procurement support team on 01633 742054 or by email on email@example.com
6 – Once you have activated your account you will be able to log-in to the portal and will be required to complete an online Supplier Registration Form (SRF), this then completes the registration process.
7 – You must then email confirmation of registration to firstname.lastname@example.org, who will then provide you with access to the tender documentation within the portal.
All tender responses must be submitted via the Catalytics portal, any requests for additional information or clarification questions must also be submitted via the portal.
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
II.2.10)Information about variants
II.2.11)Information about options
II.2.13)Information about European Union funds
Section III: Legal, economic, financial and technical information
III.1.2)Economic and financial standing
III.1.3)Technical and professional ability
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.8)Information about the Government Procurement Agreement (GPA)
IV.2.2)Time limit for receipt of tenders or requests to participate
IV.2.4)Languages in which tenders or requests to participate may be submitted:
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
IV.2.7)Conditions for opening of tenders
Section VI: Complementary information
VI.1)Information about recurrence
County Hall, Fishergate
VI.5)Date of dispatch of this notice: