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    ContractsBank of England Financial Crime Monitoring Technology Review
    Open tender

    Bank of England Financial Crime Monitoring Technology Review

    Contract value
    £5m
    Published 17 Aug 2026

    The Bank of England is reviewing financial crime transaction monitoring technology and seeking supplier information on current solutions, emerging capabilities, and implementation approaches.

    🇬🇧United Kingdom· LondonPublished 17 Aug 2026· 1 months agoviaFind a Tender
    Contract value
    £5m
    Published 17 Aug 2026

    Decision brief

    4 fields
    • Contract value
      £5,000,000indicative
      Pounds sterling
    • Closing date
      Rolling
      No closing date published
    • Sector
      IT & Software
      Browse related listings
    • Location
      🇬🇧United Kingdom
      London

    Lifecycle

    Open

    Open tender — no closing date published. Opened 1 months ago.

    17 August 2026
    Open tender · no closing date published

    Brief

    The Bank of England is seeking information on transaction screening and monitoring solutions to enhance its financial crime detection capabilities. The Bank processes high-value domestic and cross-border transactions for central banks, governments, and major financial institutions, requiring robust controls for fraud prevention, sanctions compliance, anti-money laundering (AML), and counter-terrorist financing (CTF). This market engagement exercise invites suppliers to present current and emerging technology solutions and deployment approaches that can monitor customer activity, detect unusual behavior, support sanctions screening, and enable financial crime investigation and management. The Bank is interested in understanding available options to strengthen its technology capability across its transaction monitoring framework.

    Track record

    10 awards · 7 winners
    Open field

    No single supplier dominates the field.

    In it software, BANK OF ENGLAND has awarded 10 contracts to 7 suppliers.

    Who wins here
    1. SOFTCAT PLC3× · 30%
    2. TEMENOS UK LIMITED2× · 20%
    3. COFORGE U.K. LIMITED1× · 10%
    4. PitchBook Data, Inc1× · 10%
    5. CREDERA LIMITED1× · 10%
    6. RECURSIVE AV. LTD1× · 10%

    +1 more supplier

    Across it software, the most active winners are SOFTCAT PLC, PHOENIX SOFTWARE LTD, INSIGHT DIRECT UK LIMITED — the field to beat, or your route in as a partner.

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    Take action
    View tender on sourceFind a Tender

    Full notice and submission process on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06e595

    Track

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    Your fit

    Could you win this?

    A straight answer for your business — bid, partner or pass — based on who wins BANK OF ENGLAND's work like this.

    10 awards · 7 firms

    Check my fit

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    BE
    Buyer
    BANK OF ENGLAND
    Sector
    IT & Software