Scope
Reference
DN773679
Description
Border to Coast has propositions within Public Listed, Private Markets, and Real Estate asset classes that deliver investment opportunities and management to our Partner Funds, with specific systems in place for each asset class.
As part of our strategy to become more effective and efficient, whilst being able to offer more value to our Partner Funds, we need to implement a platform that enables management of, and insight into, Partner Fund cross-asset investments.
Border to Coast wishes to procure an Enterprise Investments platform that creates a unified and integrated data layer as the foundation that enables the efficient and effective implementation of new investments capabilities. These capabilities will be core to our ongoing delivery of strategic outcomes to our Partner Funds.
The platform needs to have interoperability with our administrator and other third parties, such as Partner Fund custodians, to enable the on-going management of Border to Coast's own investment funds (including public market and private market funds). Additionally, the platform needs to enable Border to Coast to manage the 'whole customer fund' and the provision of these new capabilities. For clarity, 'whole customer fund' relates to Partner Fund holdings within their selected investment funds across multiple asset classes, inclusive of any Partner Fund assets not managed directly by Border to Coast.
Contract 1. Enterprise Investment and Data Platform
Supplier
Contract value
- £25,000,000 excluding VAT
- £30,000,000 including VAT
Above the relevant threshold
Award decision date
17 September 2025
Date assessment summaries were sent to tenderers
22 September 2025
Standstill period
- End: 1 October 2025
- 8 working days
Earliest date the contract will be signed
19 November 2025
Contract dates (estimated)
- 12 January 2026 to 11 January 2031
- Possible extension to 11 January 2036
- 10 years
Description of possible extension:
The contract will have an initial term of 5 years, and will have the option of one additional 5 year extension.
Main procurement category
Goods
CPV classifications
- 48000000 - Software package and information systems
- 66000000 - Financial and insurance services
Contract locations
- UK - United Kingdom
Information about tenders
- 14 tenders received
- 2 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 1 supplier unsuccessful (details included for contracts over £5 million)
Unsuccessful suppliers
Submission
Submission type
Tenders
Procedure
Procedure type
Competitive flexible procedure
Suppliers
BlackRock Financial Management, Inc
- Companies House: SO307445
- Public Procurement Organisation Number: PPLY-8483-DRWL
1209 Orange Street
Wilmington, Delaware
19801
United States
Email: jennifer.cohen1@blackrock.com
Website: https://www.blackrock.com/
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Enterprise Investment and Data Platform
SIMCORP LIMITED
- Companies House: 02063275
- Public Procurement Organisation Number: PDRH-7421-LTLV
12th Floor 2 London Wall Place
London
EC2Y 5AU
United Kingdom
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contracting authority
BORDER TO COAST PENSIONS PARTNERSHIP LIMITED
- Companies House: 10795539
- Public Procurement Organisation Number: PZTH-6472-NGDG
5th Floor Toronto Square
Leeds
LS1 2HJ
United Kingdom
Region: UKE42 - Leeds
Organisation type: Public authority - sub-central government
Other organisation
These organisations are carrying out the procurement, or part of it, on behalf of the contracting authorities.
LIQUEO LIMITED
Summary of their role in this procurement: Liqueo Limited provided consultancy support including advisory services and functional requirements assessment.
- Companies House: 12217646
- Public Procurement Organisation Number: PJPD-5469-HQHR
27 Old Gloucester Street
London
WC1N 3AX
United Kingdom
Email: george.bean@liqueo.com
Website: https://www.liqueo.com/
Region: UKI31 - Camden and City of London