Contract award record
New awardAnti-Money Laundering KYC Tooling
Notice details
- Published
- Category
- services
- Buyer region
- Yorkshire and The Humber
- Source
- View official notice
Public buyer and contract winner
Award value£653,950
- AwardedCompleted
- StartCurrent phase
- EndUpcoming
Work description
The service provides a configurable third-party risk management and compliance platform that supports supplier screening, onboarding, automated risk assessment, and continuous monitoring activities across an organisation's portfolio. Leveraging extensive business intelligence and corporate ownership data, the service enables buyers to manage regulatory, financial, and operational risks throughout the supplier lifecycle.
The service is supported by a robust business continuity and disaster recovery framework designed to maintain service availability and protect customer data. Critical applications are hosted across separate production and recovery environments with resilient data replication, minimising downtime and preventing data loss in the event of a disruption.