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Anti-Money Laundering KYC Tooling

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Summary

Machine-generated summary

British Business Bank Plc awarded a contract for an anti-money laundering KYC tooling service. The service is a configurable third-party risk management and compliance platform supporting supplier screening, onboarding, automated risk assessment and continuous monitoring, using business intelligence and corporate ownership data. It includes a business continuity and disaster recovery framework with separate production and recovery environments. The winner was Moody's Analytics UK Limited. The awarded value was EUR 762,357.19, the same as the estimated value. The award date was 2026-06-24 and the deadline for bids was 2026-06-24.

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.

Official source

Source: Contracts Finder (UK Cabinet Office)

Always verify details on the official notice.

Last verified against Contracts Finder (UK Cabinet Office) 8 hours ago

Documents on Contracts Finder (UK Cabinet Office) (English)

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Market context

Avg. open tender · Software & IT systems
€51,712,807
2,480 open across Europe right now 99% below sector average
Buyer track record on Aperlena
39 notices tracked · 32 awarded
€3,627,769 in awarded contracts

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