What the buyer wrote
They FCA required daily access to market data. Some of the risks in this requirement is not in place: It would limit the FCA's ability to bring successful criminal and regulatory action. FCA may not effectively review alerts from our surveillance system, with a risk to our commitment to clean markets. The FCA could not monitor for orderly markets. The data and insight that Bloomberg can provide is key for departments to be able to deliver on its market monitoring objective. There is no viable alternative product. Major policy would go without empirical support, in short evidence-based policy making would be severely impacted. Retaining Bloomberg license is critical for the FCA to complete o…
Bid for this and lost? There is a short window in which the decision can be questioned.
Awarded to
Details
- What the buyer calls it
- Bloomberg Renewal 2025
- How they are buying
- Given to one supplier, no competitionNobody else was asked, and the buyer has to be able to justify that.
- Work starts
- 23 May 2025
- Work ends
- 14 May 2026
- Where
- in London
Who the buyer named
The buyer published a contact address on this notice.