Section one: Contracting authority
one.1) Name and addresses
UK EXPORT FINANCE
1 Horse Guards Road
LONDON
SW1A2HQ
commercial@ukexportfinance.gov.uk
Country
United Kingdom
Region code
UKI32 - Westminster
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.gov.uk/government/organisations/uk-export-finance
one.3) Communication
Additional information can be obtained from the above-mentioned address
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Financial Crime Compliance 2nd Screening Platform
Reference number
UK1250
two.1.2) Main CPV code
- 79980000 - Subscription services
two.1.3) Type of contract
Services
two.1.4) Short description
UKEF (UK Export Finance) Financial Crime Due Diligence Division's (FCDD) primary purpose is to help Business and Risk Owners understand the financial crime risk and avoid supporting transactions that are not "viable" by their being unlawful or contrary to government/internal policy. The solution will mitigate risks that may arise, and the service provider must meet the wider requirements of the UKEF financial crime policy. To identify substantial risk indicators concerning the transactions or related parties in a transaction.
UKEF seek to procure a Financial Crime Screening Solution that specializes in negative news / adverse media company and individual data on regulatory, financial, and criminal.
two.1.5) Estimated total value
Value excluding VAT: £900,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 79980000 - Subscription services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
London
two.2.4) Description of the procurement
Key requirements:
The screening platform must have the ability to uncover hidden risk relevant to the operations of UKEF by providing advanced, negative news screening and monitoring from the earliest indication of risk.
The system must identify the correct entities/individuals, ensure connections and relationships correlate with the information provided and deliver a structured process to provide assurance to staff that they are carrying out their work correctly and reducing the risk of human error.
The screening platform must allow Financial Crime Due Diligence ("FCDD") to screen and process transactions for onboarding and ongoing monitoring thoroughly and effectively. Consider relevant findings across a range of financial and other crimes including continuous screening and monitoring of individuals and entities.
two.2.14) Additional information
Please express your interest in participating in market engagement by emailing commercial@ukexportfinance.gov.uk by 21st March 2024. Please include 'FCC Screening Platform - Market Engagement EOI' as your email subject heading. Further details will be provided on accessing further documents on receipt of the expression of interest. Your email must clearly state:
- the name of your organisation;
- contact details;
- base location (city) for the individual(s) who will be participating.
If you intend on making an expression of interest, could you please register on our e-procurement system, Atamis, on the link below:
https://ukef-atamis.my.site.com/s/Welcome
two.3) Estimated date of publication of contract notice
1 November 2024
Section four. Procedure
four.1) Description
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No