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    ContractsFutures Clearing Broker Services Provider
    Awarded contract

    Futures Clearing Broker Services Provider

    Status
    Awarded
    Published 3 Jul 2026

    Border to Coast Pensions Partnership seeks a Futures Clearing Broker capable of integrating with Bloomberg and BlackRock Aladdin systems to support £53bn+ of assets under management across 18 LGPS pension funds.

    🇬🇧United Kingdom· Yorkshire and the HumberPublished 3 Jul 2026· 3 months agoviaFind a Tender
    Status
    Awarded
    Published 3 Jul 2026

    Decision brief

    4 fields
    • Contract value
      Not disclosed
      Source did not declare a figure
    • Closing date
      Not published
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      Yorkshire and the Humber

    Suppliers

    1 supplier
    • HB
      HSBC Bank plc
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 3 months ago.

    3 July 2026
    Awarded — no open tender advertised

    Brief

    Border to Coast Pensions Partnership Limited is seeking a Futures Clearing Broker to support its growing investment operations. The organization is an FCA-regulated investment manager based in Leeds, UK, managing approximately £53 billion in assets on behalf of 18 Local Government Pension Scheme funds, with assets expected to reach £115 billion within 2-3 years. Border to Coast requires a clearing broker whose operating model can seamlessly integrate with both its current Bloomberg-based Order Management/Portfolio Management system and its planned migration to BlackRock Aladdin (expected end of 2026), as well as with Northern Trust's Third Party Administrator services including brokerage, custody, and fund accounting. The successful provider will need to demonstrate technical capability to support the implementation and ongoing operation of Border to Coast's futures trading strategy across its diverse asset class propositions, which include equities, fixed income, private markets, and real estate, managed through a combination of internal and external fund managers.

    Track record

    1 award · 1 winner
    Thin record

    Only 1 prior award here — too little to read.

    In financial services, BORDER TO COAST PENSIONS PARTNERSHIP LIMITED has awarded 1 contract to 1 supplier.

    Who wins here
    1. HSBC Bank plc1× · 100%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, ALLPAY LTD — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06741d

    Your fit

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    This went to HSBC Bank plc. Sonar reads BORDER TO COAST PENSIONS PARTNERSHIP LIMITED's work like this against your business — who holds it, and whether you could compete or partner next time.

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    BT
    Buyer
    BORDER TO COAST PENSIONS PARTNERSHIP LIMITED
    Sector
    Financial Services