Banking and investment services

Tender description

Border to Coast Pensions Partnership Limited (BCPP) is a company established by 12 Local Government Pension Schemes for the pooling of investment assets. In support of its strategic objectives, BCPP are looking to appoint a service provider who will support core capabilities necessary to achieve its objectives. These core services are as follows: — Outsourced Dealing; — Middle Office Services; — Depositary Services; — Fund Administration. — This contract falls within regulation 10(1)(e) of the Public Contracts Regulations 2015 (PCR) and as such falls outside the scope of PCR. This notice is published on a voluntary basis and for information only. In support of its strategic objectives of providing an asset pooling vehicle to 12 Local Government Pension Scheme funds, BCPP are looking to appoint a service provider who will support core capabilities necessary to achieve its objectives: — Outsourced Dealing — Support of the execution of BCPP's investment strategies through provision of an outsourced dealing service to support execution and matching of listed securities including equities, fixed income and collective investments. — Middle Office Services — Support of the management of core processes and reporting for investment funds/sub funds, including, but not exclusively, in relation to core investment management activity and asset life cycles. — Depositary Services — Depositary services for investment funds/sub-funds, including but not limited to, oversight of valuations, subscription/redemption processing, transactions, and investment compliance. — Fund Administration — Support for core administration of investment funds/sub-funds including, but not limited to, fund valuations and reporting and tax services. Further details in relation to the services are set out in the Invitation to Tender (ITT) which is available via the portal in Section I.3) of this contract notice.