Enterprise Fraud and Financial Crime Tooling

Buyer
British Business Bank Plc
Value
£3,800,000
Closes
17 December 2026
Where
Sheffield,
Type
Open tender

In plain English

British Business Bank is buying a ready-made fraud and financial crime software platform from one supplier, with a strong preference for an off-the-shelf cloud service that can be configured rather than custom-built. The platform would manage investigation work on customers, suppliers and related parties, keeping a full audit trail of evidence and decisions, and connect to the Bank's own systems and outside checking services.

What the buyer wants

• Provide a mature, commercially established fraud and financial crime platform from a single supplier, preferably configurable Software as a Service (cloud software you subscribe to) rather than heavily bespoke development. • Support controlled, auditable workflows where cases are created, assigned, tracked, reviewed, approved, escalated and closed, with a complete record of evidence and decisions and traceable data lineage. • Integrate securely with the Bank's internal systems, including reporting and identity verification, and with specialist screening, company-data and enterprise reporting providers, so that individual providers can be replaced without losing evidence.

Requirements

What could rule a small business out: The requirement for a single, mature, commercially established supplier able to integrate securely with the Bank's internal systems and several external providers, on a contract worth around £3.8 million, would most likely rule out small businesses, although the notice does not state specific turnover or financial thresholds.

Always check the tender documents.

How to bid

This is an open tender: any eligible business can respond directly to the buyer by the deadline, with no framework membership needed.

Where to apply

Bids go through Delta eSourcing. Make a free account there, then search for this tender's title.

Go to Delta eSourcing

Questions about this tender? Email the buyer at Procurement@british-business-bank.co.uk.

How to write a tender response

More open tenders from British Business Bank Plc

Similar open consultancy and professional services contracts

Check whether your business could win this, free

Get a plain-English bid plan for this tender with the bid coach