Contract award record
C0780 Know Your Customer/Enhanced Due Diligence Software
Notice details
- Published
- Category
- services
- Buyer region
- Yorkshire and The Humber
- Source
- View official notice
Public buyer and contract winner
Public buyer
NATIONAL WEALTH FUND LIMITEDawarded to
Contract winner
Bureau Van Dijk Electronic Publishing LtdAward value£503,810
- AwardedCompleted
- StartCompleted
- EndCompleted
Work description
Provision of an enhanced due diligence / risk management tool to comply with legislation on Anti-Money Laundering ("AML"), Anti-Bribery and Corruption ("ABC"), individual or company background checks (Know your Client "KYC"), a negative news check, sanctions, and politically exposed person (PEP) check and company's litigation history.
The contract shall have a two year subscription period with the option for a one year extension.
The value of the contract will range between £266,774 and £503,809.50 excluding VAT depending on the execution of the available extension option.