Procurement Summary
Country: United Kingdom
Summary: Provision of Futures Clearing Broker Services
Deadline: 18 May 2026
Posting Date: 26 Mar 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 138512038
Document Ref. No.:
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
CPV Classification
66170000 - Financial consultancy, financial transaction processing and clearing-house services
Purchaser's Detail
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Tender Details
Border to Coast Pensions Partnership Limited ("Border to Coast") is an FCA regulated investment manager based in Leeds, UK managing assets on behalf of 18 Local Government Pension Scheme ("LGPS") pension funds (as of 1 April 2026). Border to Coast has investment propositions across a range of asset classes including equities, fixed income, private markets and real estate. There is a mix of internal (direct) and external (via third party managers) management across these propositions. Assets under management are currently £53bn and are expected to grow to £115bn over the next 2 - 3 years. In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds. Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026. Third Party Administrator ("TPA") services, including brokerage, custody and fund accounting, are provided by Northern Trust. Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability. The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA. The service will be VAT exempt.
Notice identifier : 2026/S 000-027496
CPV classifications: 66170000 - Financial consultancy, financial transaction processing and clearing-house se...
Documents
Tender Notice