Expired contract

CON-21-141 Cryptoasset Blockchain Analysis Platform

Details

Buyer: Financial Conduct Authority
Supplier(s): Chainalysis Inc.
Value: £399,204
Duration: 2 years
Topic: Financial information systems
Published: 18 July 2022
Source: uk:contracts_finder

Tender description

On 10th January 2020 the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for firms carrying out certain in scope cryptoasset activity in the UK. The FCA is required under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs) to approve and register firms conducting in scope cryptoasset activities and ensure that these firms are effectively monitored to secure compliance with these regulations. As the supervisor of in scope cryptoasset activity in the UK, the FCA requires access to specialist services to support the analysis of cryptoasset blockchain data. The FCA is seeking the services of a third-party firm specializing in this area who can provide access to a platform that can support the robust and efficient analysis of cryptoasset blockchain data and provide training and ongoing support in the use of this platform.

Timeline

Completed: Award date1 July 2022
Completed: Award published18 July 2022
Current notice
Completed: Contract expiry date30 June 2024

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Every tender runs through Atamis, the FCA's eTendering portal, with opportunities also advertised on Find a Tender and Contracts Finder. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. A Supplier Code of Conduct, updated in 2022, covers climate change, resilience and data protection standards for suppliers. An ethical procurement standard applies to purchases wherever possible.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Financial Conduct Authority's contract awards have been in IT services, business services and software and information systems.

Relevant CPV codes

48812000 · Financial information systems

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@financial-conduct-authority.gov
Commercial Director	+44 •••• ••••••	••••••••@financial-conduct-authority.gov
Procurement Manager	+44 •••• ••••••	••••••••@financial-conduct-authority.gov
Category Lead	+44 •••• ••••••	••••••••@financial-conduct-authority.gov
Senior Buyer	+44 •••• ••••••	••••••••@financial-conduct-authority.gov
Contracts Manager	+44 •••• ••••••	••••••••@financial-conduct-authority.gov