Lending Administration Solution
key details
| Status | planned |
|---|---|
| Category (CPV) | 48000000 +2 more |
| Region | South West |
| OCID | ocds-h6vhtk-032f7f |
description
A loan system & administration solution is required whereby one supplier could potentially cover some or all of the below processes:-
| - | A loan management system that is able to: |
| o | Pay a loan in quarterly installments (Drawdown) |
| o | Handle different interest rates, interest holidays, deferred interest |
| o | Handle drawdowns (installments) that do not happen on the same date each quarter and variable terms of contracts. |
| o | Produce automated customer communications including statements of account, arrears letters etc. |
| o | Forecast interest & capital repayments based on actual and forecast drawdowns |
| o | Produce automated reports for IUKL for different needs i.e. daily, weekly, quarterly and Adhoc |
| o | A portal where a customer can check their loan balance, ask questions or make early repayments |
| o | The system must be API enabled to allow connection to IUKL's existing systems. |
| - | Know Your Customer (KYC), Anti-Money Laundering (AML) capability to run checks on directors of UK based businesses, with some directors potentially being based outside of the UK. These checks should have little burden to the end customer (company director) but should be robust enough to comply with the highest level of diligence for this activity. |
| - | This solution could potentially be cloud-based |
| - | A suitable level of security certification will be required i.e cyber essentials, ISO27001 - this will be determined at a later date |
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 22 Apr 2022 | Prior information notice (F01) | Earlier regulations | 010465-2022 |
more from UK SHARED BUSINESS SERVICES LIMITED
- GSS24735 STFC Taxi Services · £1,200,000 · 8 Aug 2025
- UK Research and Innovation - Molecular Biology and Laboratory Chemicals Framework · £16,000,000 · 12 Sept 2024
- Environmental Management Cloud Software Solution -Carbon Accounting, Future Emissions Forecasting, and Supporting Technical Services · £500,000 · 14 Jun 2023
- DDaT23039 - UKSBS Portfolio Tooling · £250,000 · 3 Feb 2023
- DDaT22285 - New BEIS Cluster Requirement · 19 Jan 2023
- The Provision of an Independent Administrator for the UK Extractive Industries Transparency Initiative (EITI) · 10 Jun 2022
- DDaT21174 Services for HR, Accounting, Reporting & Procurement (SHARP) · 11 Apr 2022
- DDaT20078 - Risk and Assurance Management System · £430,000 · 17 Mar 2022
all contracts from this buyer →
similar contracts awarded
Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.
- Provision of Sheltered Housing Scheme - Access Control Solution · Leicester City Council · £333,159
- C244415 - Marketing Automation Tool · NHS Blood and Transplant · £3,151,102
- DDaT26191 - Software Subscription and Support Services · UK SHARED BUSINESS SERVICES LIMITED · £59,858
- Enterprise Resource Planning (ERP) Solution · Lancashire County Council · £15,430,000
- Media Management Solution · Scottish Police Authority · £159,000
- HSCN/PSN Cloud Connectivity · London Borough of Havering · £31,201
- 112-NYC-RS Waste Management Software Licenses and In Cab Technology · The North Yorkshire Council · £439,440
- GB-Maidstone: C26055 Property & Facilities System (CAFM) · Kent & Medway Town Fire Authority · £225,000
source
Published on Find a Tender. Contact details for named individuals are not reproduced on this site.