Financial consultancy, financial transaction processing and clearing-house services

Tender description

Government banking, acting through HMRC, are giving potential suppliers early notification of a requirement to supply a cash management reporting system. It is expected to be a 5 year contract with options to extend. Additional information will be provided in the lot description. HMRC is seeking to engage with potential suppliers for a cash management solution that can report intraday position data using transactional data which is used to supply HM Treasury with key financial information, allowing them to effectively deliver government cash management objectives in conjunction with the Debt Management Office (DMO). Additional reports are supplied to HM Treasury using Previous End of Day data for Cash Management purposes and next day information for forecasting. Any solution must have the ability to create payment messages (internal movements only) for onward transmissions to our supplier banks. We also require the ability to interrogate the data in the form of user definable reports and visual presentation.