Section one: Contracting authority
one.1) Name and addresses
BRUNEL PENSION PARTNERSHIP LIMITED ('Brunel')
5th Floor 101 Victoria Street
BRISTOL
BS16PU
Contact
Chris Smedley, Procurement Specialist
procurementsubmission.brunel@brunelpp.org
Telephone
+44 7485331997
Country
United Kingdom
Region code
UKK11 - Bristol, City of
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.brunelpensionpartnership.org
one.3) Communication
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted to the above-mentioned address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Brunel is the discretionary investment manager for ten local authority pension funds.
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Portfolio Analysis and Order Management System solutions
two.1.2) Main CPV code
- 48000000 - Software package and information systems
two.1.3) Type of contract
Supplies
two.1.4) Short description
Brunel Pension Partnership is seeking to select a supplier or suppliers to provide a Portfolio Analysis (PA) tool and an Order Management System (OMS) tool. The procurement is divided into two lots. Brunel Pension Partnership are looking for suppliers who can provide one or both Lots. Brunel Pension Partnership will be using the Competitive Procedure with Negotiation.
two.1.6) Information about lots
This contract is divided into lots: Yes
Tenders may be submitted for all lots
Maximum number of lots that may be awarded to one tenderer: 2
The contracting authority reserves the right to award contracts combining the following lots or groups of lots:
The contracting authority reserves the right to award a contract for each lot or to combine both lots into one contract.
two.2) Description
two.2.1) Title
Portfolio Analysis Tool
Lot No
1
two.2.2) Additional CPV code(s)
- 48000000 - Software package and information systems
two.2.3) Place of performance
NUTS codes
- UKK - South West (England)
two.2.4) Description of the procurement
Portfolio Analysis tool - SaaS tool used by the Listed Markets Team for on desk portfolio analytics, risk analysis and tracking other portfolio monitoring attributes. The PA tool will use accounting data, delivered daily as well as data feeds for market and economic data . It will be used heavily day to day as the main monitoring tool for our listed market portfolios.
The functionality of the Portfolio Analysis tool shall include:-
• Investment Strategy - Ability to measure investment strategy vs outcome
• Asset Allocation - Display client Strategic asset allocation vs current holdings
• Portfolio Analysis - Proxy fund holding with Benchmark weights or last look through data. Consolidated view across our portfolios, client holdings, ACS and underlying sub investment managers segregated mandates, including Benchmark. Strategic asset allocation, tactical asset allocation Classifications
• Research - Ability to capture and collate manager research, economic and market data, including of non-held market instruments, and present analytics in a consistent manner
• Credit/Liquidity Risk
• Risk Calculation Engine - ability to calculate and monitor a variety of risk characteristics in line with market standards and expectations
• Constituent Analysis - ability source and hold constituent level data of benchmarks and third-party managers
• Performance Reporting - automated reporting from performance system, performance dashboard
• Benchmark Construction - Ability to create benchmarks from underlying indices
• Ability to consume market leading ESG, Climate and broader Responsible Investment data and report with the portfolio views within the system. Ability to customise and integrate across investments
two.2.14) Additional information
Suppliers who express their interest will be issued a pre-qualification questionnaire (PQQ). Responses to the PQQ will be evaluated against the criteria detailed in the PQQ and participants who are successfully selected to continue through to the request for proposal (RFP) phase will be issued with the RFP pack.
Suppliers wishing to express their interest should provide their full company name and address and most suitable contact details.
two.2) Description
two.2.1) Title
Order Management System
Lot No
2
two.2.2) Additional CPV code(s)
- 48000000 - Software package and information systems
two.2.3) Place of performance
NUTS codes
- UKK - South West (England)
two.2.4) Description of the procurement
Order Management System - SaaS tool used as an order generation system to size and send instructions via SFTP to our administrator, State Street, who place the unit trades in the markets. Not used by Brunel to generate market trading. OMS is also used to run daily post trade compliance monitoring; this is a key daily control in monitoring our funds. Also used as a workflow tool to monitor and reconcile daily position moves
The functionality of the Order Management System shall include:-
• Order Generation - Ability to generate funds orders to be sent to our administrator, State Street, in an automated CSV file, via SFTP. Ability to generate and move cash between client accounts
• Portfolio Construction - Construct portfolio vs benchmark SAA/TAA incorporating- client specific tolerances
• Order modelling - trade or rebalance SAA vs current position at client or portfolio level including for flows, understanding cash requirements and balances pending trades
• Post Execution - trade blotter to monitor file transfer/execution/settlement of unit deals and cash moves
• Pre-Trade Compliance - Ability to manage allocations against client SAAs, manage exposures against predefined soft limited and ACS and future vehicles
• Post Trade Compliance - code and run all post trade compliance rules at ACS and managers levels daily
.
two.2.14) Additional information
Suppliers who express their interest will be issued a pre-qualification questionnaire (PQQ). Responses to the PQQ will be evaluated against the criteria detailed in the PQQ and participants who are successfully selected to continue through to the request for proposal (RFP) phase will be issued with the RFP pack.
Suppliers wishing to express their interest should provide their full company name and address and most suitable contact details.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive procedure with negotiation
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of expressions of interest
Date
23 September 2022
Local time
10:00am
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Brunel Pension Partnership Limited
5th Floor, 101 Victoria Street
Bristol
BS1 6PU
Country
United Kingdom