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Tenfell
Closed tender
Published 26 Oct 2022

Data modelling, platform tool & ISO 20022 message development

Bank of England · London

Key facts

Estimated value
£3,750,000
Closing date
17 Nov 2022
Contract starts
19 Apr 2023
Contract ends
19 Apr 2026
Procedure
Restricted procedure (above threshold)
Buyer type
Central government

Description

The Bank of England ("the Bank") wishes to engage a supplier to deliver Data Modelling, Tooling & ISO20022 Message Development services, which are technological requirements servicing XBRL-based data collections. The contract will also be used to procure consultancy services relating to payment messaging and the RTGS2 programme. Specifically, the consultancy services will provide critical support for developing and maintaining ISO 20022 messages, the payment messaging standard to which the Bank is migrating in 2023. Data Modelling and the Platform Tool are crucial technological requirements, allowing for crucial XBRL-based data collections. They will allow the Bank to collect data from the firms it regulates to fulfil the Bank's mission to maintain monetary and financial stability.

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