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AwardedFind a Tender · award

LSEG Data Access

Buyer: Financial Conduct Authority →

BuyerFinancial Conduct Authority
StatusAwarded
DeadlineNot published
Value£7,000,000
Published22 Jul 2026

What is being bought

Provision of financial, economic, market and reference data services, delivered through scalable delivery methods that are interoperable with FCA’s technical architecture

Lot details

Lot 1

No lot description published.

Statuscomplete

Comparable-procurement analytics

No usable CPV category has been published, so a comparable market set cannot yet be built.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThe FCA undertook a market assessment of available providers against its requirement for financial, economic, market and reference data services, associated analytical capabilities, and delivery methods interoperable with the FCA's existing technical architecture and workflows. Whilst alternative suppliers offer overlapping functionality, the FCA identified no reasonable alternative capable of providing the required combination of datasets, analytical capabilities, interoperability, and continuity of service. The FCA's assessment concluded that only Refinitiv can meet the requirement in full. The FCA further concluded that migrating all or part of the requirement to an alternative provider would require significant migration, integration, and operational change, resulting in material disruption to established workflows and technical architecture. Accordingly, the FCA considers that, for technical and resilience reasons, no reasonable alternative or substitute exists and that a direct award to Refinitiv is justified.
Rationale classificationssingleSuppliersIntellectualPropertyExclusiveRights, singleSuppliersTechnicalReasons
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

LSEG Data Access

Statusactive
Value£15,955,448

Documents & submission route

  • Not published

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-067b3c
Latest release ID069272-2026
Latest release timestampWed Jul 22 2026 14:20:00 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methoddirect
Procurement method detailsDirect award
Main procurement categoryNot published
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source0
Tender documents in source1
Awards in latest release1
Contracts in latest release1
Parties in latest release2

Notice history

DateEventReference
22 Jul 2026award, contract069272-2026
15 Jun 2026award, contract056366-2026
11 Jun 2026awardUpdate, contractUpdate055461-2026
11 Jun 2026award, contract055459-2026
1 Apr 2026planning030603-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (5 releases)
22 Jul 2026 · 069272-2026 · award, contract
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15 Jun 2026 · 056366-2026 · award, contract
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11 Jun 2026 · 055461-2026 · awardUpdate, contractUpdate
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      ],
      "suppliers": [
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          "id": "GB-PPON-PLMT-5991-PNDQ",
          "name": "Refinitiv Limited"
        }
      ],
      "amendments": [
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          "id": "055461-2026",
          "description": "Correcting an error on the risks section"
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  ],
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      {
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    ],
    "title": "LSEG Data Access",
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    "description": "Provision of financial, economic, market and reference data services, delivered through scalable delivery methods that are interoperable with FCA’s technical architecture",
    "riskDetails": "Key contractual risks include:\nService unavailability affecting FCA ability to deliver services that rely on data and services included with this agreement \nChanges to the products included within the agreement could affect the interoperability with FCA architecture",
    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "The FCA undertook a market assessment of available providers against its requirement for financial, economic, market and reference data services, associated analytical capabilities, and delivery methods interoperable with the FCA's existing technical architecture and workflows.\nWhilst alternative suppliers offer overlapping functionality, the FCA identified no reasonable alternative capable of providing the required combination of datasets, analytical capabilities, interoperability, and continuity of service. The FCA's assessment concluded that only Refinitiv can meet the requirement in full.\nThe FCA further concluded that migrating all or part of the requirement to an alternative provider would require significant migration, integration, and operational change, resulting in material disruption to established workflows and technical architecture. Accordingly, the FCA considers that, for technical and resilience reasons, no reasonable alternative or substitute exists and that a direct award to Refinitiv is justified.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "singleSuppliersIntellectualPropertyExclusiveRights"
      },
      {
        "id": "singleSuppliersTechnicalReasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-PPON-PTYH-4442-XPRH",
      "name": "Financial Conduct Authority",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI41",
        "country": "GB",
        "locality": "London",
        "postalCode": "E20 1JN",
        "countryName": "United Kingdom",
        "streetAddress": "12 Endeavour Square"
      },
      "details": {
        "url": "http://www.fca.org.uk",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PTYH-4442-XPRH",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Sam Brashaw",
        "email": "sam.brashaw@fca.org.uk"
      }
    },
    {
      "id": "GB-PPON-PLMT-5991-PNDQ",
      "name": "Refinitiv Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI42",
        "country": "GB",
        "locality": "London",
        "postalCode": "E14 5AQ",
        "countryName": "United Kingdom",
        "streetAddress": "5 Canada Square, Canary Wharf, London"
      },
      "details": {
        "vcse": false,
        "scale": "large"
      },
      "identifier": {
        "id": "PLMT-5991-PNDQ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "support@lseg.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
11 Jun 2026 · 055459-2026 · award, contract
{
  "id": "055459-2026",
  "tag": [
    "award",
    "contract"
  ],
  "date": "2026-06-11T17:30:27+01:00",
  "ocid": "ocds-h6vhtk-067b3c",
  "buyer": {
    "id": "GB-PPON-PTYH-4442-XPRH",
    "name": "Financial Conduct Authority"
  },
  "awards": [
    {
      "id": "1",
      "items": [
        {
          "id": "1",
          "relatedLot": "1",
          "additionalClassifications": [
            {
              "id": "72300000",
              "scheme": "CPV",
              "description": "Data services"
            }
          ]
        }
      ],
      "title": "LSEG Data Access",
      "value": {
        "amount": 15955448.07,
        "currency": "GBP",
        "amountGross": 19146537.68
      },
      "status": "pending",
      "documents": [
        {
          "id": "055459-2026",
          "url": "https://www.find-tender.service.gov.uk/Notice/055459-2026",
          "format": "text/html",
          "noticeType": "UK5",
          "description": "Transparency notice on Find a Tender",
          "documentType": "awardNotice",
          "datePublished": "2026-06-11T17:30:27+01:00"
        }
      ],
      "suppliers": [
        {
          "id": "GB-PPON-PLMT-5991-PNDQ",
          "name": "Refinitiv Limited"
        }
      ],
      "milestones": [
        {
          "id": "1",
          "type": "futureSignatureDate",
          "status": "scheduled",
          "dueDate": "2026-06-24T23:59:59+01:00"
        }
      ],
      "relatedLots": [
        "1"
      ],
      "aboveThreshold": true,
      "contractPeriod": {
        "endDate": "2033-06-30T23:59:59+01:00",
        "startDate": "2026-07-01T00:00:00+01:00"
      },
      "mainProcurementCategory": "services"
    }
  ],
  "tender": {
    "id": "C4323",
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "title": "LSEG Data Access",
    "status": "complete",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "Provision of financial, economic, market and reference data services, delivered through scalable delivery methods that are interoperable with FCA’s technical architecture",
    "riskDetails": "Key contractual risks include:\nService unavailability affecting FCA ability to deliver critical services that rely on Refinitiv data and services\nChanges to the products included within the agreement could affect the interoperability with LSEG services",
    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "The FCA undertook a market assessment of available providers against its requirement for financial, economic, market and reference data services, associated analytical capabilities, and delivery methods interoperable with the FCA's existing technical architecture and workflows.\nWhilst alternative suppliers offer overlapping functionality, the FCA identified no reasonable alternative capable of providing the required combination of datasets, analytical capabilities, interoperability, and continuity of service. The FCA's assessment concluded that only Refinitiv can meet the requirement in full.\nThe FCA further concluded that migrating all or part of the requirement to an alternative provider would require significant migration, integration, and operational change, resulting in material disruption to established workflows and technical architecture. Accordingly, the FCA considers that, for technical and resilience reasons, no reasonable alternative or substitute exists and that a direct award to Refinitiv is justified.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "singleSuppliersIntellectualPropertyExclusiveRights"
      },
      {
        "id": "singleSuppliersTechnicalReasons"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-PPON-PTYH-4442-XPRH",
      "name": "Financial Conduct Authority",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI41",
        "country": "GB",
        "locality": "London",
        "postalCode": "E20 1JN",
        "countryName": "United Kingdom",
        "streetAddress": "12 Endeavour Square"
      },
      "details": {
        "url": "http://www.fca.org.uk",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PTYH-4442-XPRH",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Sam Brashaw",
        "email": "sam.brashaw@fca.org.uk"
      }
    },
    {
      "id": "GB-PPON-PLMT-5991-PNDQ",
      "name": "Refinitiv Limited",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI42",
        "country": "GB",
        "locality": "London",
        "postalCode": "E14 5AQ",
        "countryName": "United Kingdom",
        "streetAddress": "5 Canada Square, Canary Wharf, London"
      },
      "details": {
        "vcse": false,
        "scale": "large"
      },
      "identifier": {
        "id": "PLMT-5991-PNDQ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "support@lseg.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
1 Apr 2026 · 030603-2026 · planning
{
  "id": "030603-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-04-01T17:15:14+01:00",
  "ocid": "ocds-h6vhtk-067b3c",
  "buyer": {
    "id": "GB-PPON-PTYH-4442-XPRH",
    "name": "Financial Conduct Authority"
  },
  "tender": {
    "id": "UK-0140",
    "lots": [
      {
        "id": "1",
        "status": "planning",
        "suitability": {
          "sme": true
        },
        "contractPeriod": {
          "endDate": "2027-06-30T23:59:59+01:00",
          "startDate": "2026-07-01T00:00:00+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "72300000",
            "scheme": "CPV",
            "description": "Data services"
          }
        ]
      }
    ],
    "title": "Market Data Solutions",
    "value": {
      "amount": 7000000,
      "currency": "GBP",
      "amountGross": 8400000
    },
    "status": "planning",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The FCA is undertaking pre market engagement to develop a clearer understanding of the supplier landscape for market data solutions to support with developing a category strategy. The contract value stated in this notice represents an approximation of the FCA’s current total annual spend across multiple market data contracts, not a single contract or opportunity.\nThe FCA seeks to engage with suppliers to gain insight into the range of market data products and services available, as well as suppliers’ capability to deliver market data through different delivery methods. Through this engagement, the FCA aims to build its understanding of the current market, including suppliers’ capabilities, delivery models, with associated technical and commercial considerations.\nThe information gathered will be used to inform the FCA’s understanding of the market and support any potential future procurement activity.",
    "communication": {
      "futureNoticeDate": "2026-06-10T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PTYH-4442-XPRH",
      "name": "Financial Conduct Authority",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI41",
        "country": "GB",
        "locality": "London",
        "postalCode": "E20 1JN",
        "countryName": "United Kingdom",
        "streetAddress": "12 Endeavour Square"
      },
      "details": {
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PTYH-4442-XPRH",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Sam Brashaw",
        "email": "sam.brashaw@fca.org.uk"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "030603-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/030603-2026",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-04-01T17:15:14+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-04-14T23:59:59+01:00",
        "description": "The engagement will include a supplier questionnaire to gather structured information. \nWhere required, the following further engagement could be considered: \ni) One to one sessions with suppliers to discuss capabilities in more detail\nii) Requests for demo sessions and/or product walkthroughs to understand functionality, delivery methods, and data coverage\nIn the event of any further procurement activity, the outputs will be shared with the wider market.\nTo engage with this opportunity, please go to the Atamis portal using this link: https://atamis-fca.my.site.com/login?ec=302&inst=P2&startURL=%2Fhome%2Fhome.jsp\nIf you haven't got access to the portal, please register using the following link: https://atamis-fca.my.site.com/s/Welcome"
      }
    ]
  },
  "initiationType": "tender"
}