Official UK procurement notice
LSEG Data Access · UK public procurement notice
Authority: Financial Conduct Authority (Public body)
What is being bought
Published requirement descriptionProvision of financial, economic, market and reference data services, delivered through scalable delivery methods that are interoperable with FCA’s technical architecture
CPV: Data services
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 1 Apr 2026, 17:15 BST
- Last source update
- 22 Jul 2026, 15:20 BST
- Authority reference
C4323- FTS notice number
2026/S 000-069272- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-067b3cFind a Tender
- Why no open competition
- Single Suppliers Intellectual Property Exclusive Rights; Single Suppliers Technical Reasons
- Published justification
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.
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.
- Risks
Key contractual risks include:
Service unavailability affecting FCA ability to deliver services that rely on data and services included with this agreement
Changes to the products included within the agreement could affect the interoperability with FCA architecture
How it was run
Official notice- Submission deadline
- —
Timeline
1 Apr 2026 → 22 Jul 2026 · 6 dates- Planning notice published202 days ago1 Apr 2026, 17:15 BST
- Market engagement189 days ago14 Apr 2026, 23:59 BST
The engagement will include a supplier questionnaire to gather structured information.
Where required, the following further engagement could be considered:
i) One to one sessions with suppliers to discuss capabilities in more detail
ii) Requests for demo sessions and/or product walkthroughs to understand functionality, delivery methods, and data coverage
In the event of any further procurement activity, the outputs will be shared with the wider market.
To engage with this opportunity, please go to the Atamis portal using this link: atamis-fca.my.site.com/login ↗
If you haven't got access to the portal, please register using the following link: atamis-fca.my.site.com/s/Welcome ↗
- Next notice expected132 days ago10 Jun 2026, 23:59 BST
- Standstill ends117 days ago25 Jun 2026, 23:59 BST
- Contract starts112 days ago1 Jul 2026, 00:00 BST
- Latest notice published91 days ago22 Jul 2026, 15:20 BST
Notice history
8 events · 5 releases on Find a Tender · since 1 Apr 2026- Preliminary market engagement notice published1 Apr 2026, 17:15 BSTUK2
- Transparency notice published11 Jun 2026, 17:30 BSTUK5
- Status changed to complete11 Jun 2026, 17:30 BST
- Procurement method changed11 Jun 2026, 17:30 BST
- Transparency notice published11 Jun 2026, 17:37 BSTUK5
- Contract award notice published15 Jun 2026, 18:15 BSTUK6
- Contract signature expected26 Jun 2026, 23:59 BSTscheduled
- Contract details notice published22 Jul 2026, 15:20 BSTUK7
Routine re-releases (5)
- 2026-06: 1 release · 11 Jun 2026
- 2026-04: 1 release · 1 Apr 2026
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| LSEG1 Jul 2026 – 30 Jun 2033Amended: Correcting an error on the risks section | £15,955,448 | 9 Jun 2026 | Awarded |
Contracts
LSEG Data Access · LSEG
- Signed
- 29 Jun 2026
- Value
- £15,955,448
- Period
- 1 Jul 2026 – 30 Jun 2033
- Status
- active
3 agreed KPIs: Workspace capability availability · DataScope Select capability availability · Percentage of suppliers within London Stock Exchange Group plc (“LSEG”) supply chain that have science-based reduction targets for greenhouse gas emissions
- Workspace capability availability, Percentage uptime of Workspace capability
- DataScope Select capability availability, Percentage uptime of DataScope Select capability
- Percentage of suppliers within London Stock Exchange Group plc (“LSEG”) supply chain that have science-based reduction targets for greenhouse gas emissions, Suppliers within LSEG supply chain that have science-based reduction targets for greenhouse gas emissions
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Refinitiv LimitedAwarded supplier
Official documents & specifications (6)
Official links; attachments are not copiedTender pack and attachments
Notices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender