Awarded contract

Order management, portfolio monitoring and risk analytics system

Details

Buyer: Pension Protection Fund
Supplier(s): BlackRock Financial Management, Inc.
Value: £148,050,992
Topic: Software package and information systems
Published: 6 October 2025
Source: uk:find_a_tender

Tender description

The Board of the Pension Protection Fund (PPF) is awarding a contract, tendered in accordance with the Public Contracts Regulations 2015 under the Competitive Procedure with Negotiation, to deliver the following systems which have been split into two lots: Lot 1 • Order management system; • Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI). Lot 2 • Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets) Lot 1: Lot 1 - Order management system, Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI). Lot 1 - Order management system, Portfolio monitoring & Risk analysis system (Matching portfolio and other internally managed portfolios, with specific emphasis on LDI). Lot 2: Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets) Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets) Additional information: Lot 2 - Portfolio monitoring and risk analysis system (Growth portfolio, with specific emphasis on Private Markets)

Timeline

Completed: Award date29 July 2025
Completed: Award published6 October 2025
Current notice

About the buyer

The Pension Protection Fund protects members of defined benefit pension schemes across the UK, and buys as a central organisation. Public sector framework agreements are used where appropriate for goods and services. Contracts follow standard terms made up of an order form and core terms, with addendums covering information security, modern slavery and data protection. Nine specialist panels and frameworks support its assessment work, from legal to audit and actuarial services.

Over the past 5 years, most of the Pension Protection Fund's contract awards have been in IT services, business services and software and information systems.

Decision makers

Connect with the people behind this procurement.

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