Awarded contract

The Provision of an Online Training Tool

Details

Supplier(s)
Elephants Don't Forget Limited
Value
£147,857.85
Topic
IT software package
Published
22 January 2025

Tender description

The Development Bank of Wales is looking to procure an online training tool to embed compliance knowledge across the organisation. Lot 1: The key objective of this procurement is to procure an effective online tool to embed compliance knowledge across the organisation. As DBW operates in the financial services sector, it is vital that all employees are fully trained and can demonstrate competence in several key compliance areas. This is important for us reputationally and is required by the FCA and our auditors. It is therefore imperative that DBW continues to embrace industry best practice and technology that enables, encourages and facilitates staff to constantly learn and retain the compliance knowledge that will ensure that individuals and the organisation as a whole operate to a high level of compliance. Further information can be obtained from the Invitation to Tender.

Timeline

  1. Completed: Award date20 January 2025
  2. Completed: Award published22 January 2025
    Current notice

About the buyer

Development Bank of Wales is a development finance company wholly owned by the Welsh Ministers. Its group includes subsidiaries regulated by the Financial Conduct Authority. Suppliers are assessed using the Supplier Qualification Information Database, SQuID. Staff are encouraged to use national frameworks established by the National Procurement Service. Procurement follows the Wales Procurement Policy Statement and weighs community benefits.

Over the past 5 years, most of Development Bank of Wales's contract awards have been in business services, education and training and financial and insurance services.

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