Expired contract

Bank Wizard Subscription

Details

Buyer: Financial Services Compensation Scheme
Supplier(s): Experian Ltd
Value: £35,750
Duration: 1 year
Topic: Software package and information systems
Published: 5 April 2023
Source: uk:contracts_finder

Tender description

Performs a modulus check to validate bank account and sort codes for all electronic payments. Faster Payment module used to verify Faster Payments can be processed by the customers bank and validates the account.

Timeline

Completed: Award date1 February 2023
Completed: Award published5 April 2023
Current notice
Completed: Contract expiry date31 January 2024

About the buyer

Financial Services Compensation Scheme (FSCS), a UK central body established under the Financial Services and Markets Act 2000, runs its own procurement function. FSCS began compensating customers of failed firms in 2001. Protection extends across banking, investment, pension, insurance and mortgage advice for firms authorised to trade in the UK. FSCS is independent of government and the financial services firms whose levies fund it.

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

Relevant CPV codes

48000000 · Software package and information systems

Decision makers

Connect with the people behind this procurement.

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