Financial Crime Transaction Monitoring Systems Market Engagement Request for Information (CD2430)
BANK OF ENGLAND · Preliminary market engagement notice on Find a Tender
✓Tender information last checkedLast checked 15 Oct 2026, 11:06.
Opportunity overview
The Bank of England provides banking, payments and custodial services to a range of domestic and international customers, including central banks, government entities and systemically important financial institutions. These activities support the Bank's mission to maintain monetary and financial stability and involve the movement of high-value domestic and cross-border transactions through a range of payment and messaging channels. The Bank maintains a robust financial crime control framework and is committed to complying with all applicable sanctions, anti-money laundering (AML), counter-terrorist financing (CTF) and fraud prevention requirements. Technology plays a critical role in this framework by monitoring customer activity, identifying unusual or anomalous behaviour, supporting sanctions screening, and enabling the investigation and management of financial crime risks.
The Bank is reviewing its technology capability across transaction screening and monitoring for financial crime, covering fraud, sanctions and AML/CTF. Through this market engagement exercise, the Bank is seeking information on current and emerging solutions, as well as deployment approaches.
Classification
CPV48000000 — Software package and information systems
CPV72000000 — IT services: consulting, software development, Internet and support
Lots
Lot 1Value not stated
Documents and notices
Preliminary market engagement notice on Find a TenderOpen source ↗
Published notice details
Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.
IT services: consulting, software development, Internet and support
Delivery locations
Entry 1
Region
UK
Country
GB
Country Name
United Kingdom
Planning and budget
Milestones
Entry 1
Id
engagement
Type
engagement
Description
The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on 01 Sep 2026 by sending an email to Technology.contracts@bankofengland.co.uk . Please title your e--mail " Financial Crime Transaction Monitoring Systems Market Engagement Request for Information (CD2430)".
Please include the following detail in your message: -
- Quoting Reference - Financial Crime Transaction Monitoring Systems Market Engagement Request for Information (CD2430)
-
- Full name
- Company/organisation name/ parent company detail
- Contact details (E-mail and phone number)
- Cyber essential certificates
Please also state you Organisation ID if you have an existing Oracle account with the Bank of England.
The Authority is entitled to exclude you from consideration if you fail to provide information on any of the following:
- Company/organisation name/ UK parent company detail
- Cyber essential certificate
The information provided will be taken into account by the Authority in considering whether or not you will be able to proceed any further in respect of this procurement exercise. You will require to register to the Bank e-portal for this process.
Once you pass the pre-defined qualification (company details and cyber essential certificate), we will release a Non-Disclosure Agreement (NDA) to sign. Once fully completed, an invitation to the premarket engagement event will be released.
This Notice is for information only.
The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.
Due
23 Sept 2026, 23:59
Status
scheduled
Documents
Entry 1
Id
097288-2026
Document Type
marketEngagementNotice
Notice Type
UK2
Description
Preliminary market engagement notice on Find a Tender
Buyer location · London · UKI31 · EC2R 8AH · United Kingdom
Delivery location · UK · United Kingdom
Notice and amendment history
3 published notice versions reviewed by ProcuraAxis.
3 VERSIONS
1
078096-2026Preliminary market engagement notice on Find a Tender ·
2
083738-2026Preliminary market engagement notice on Find a Tender ·
3
097288-2026Preliminary market engagement notice on Find a Tender ·
PROCURAAXIS ANALYSIS
ProcuraAxis Analysis
Our approved analysis of the opportunity appears below the official tender information.
ANALYSIS PREVIEW
Opportunity intelligence at a glance
Bank of England is conducting preliminary market engagement to gather information on current and emerging financial-crime transaction screening and monitoring solutions, and possible deployment approaches. It covers fraud, sanctions and AML/CTF use cases for high-value domestic and cross-border payments. This is an early-stage planned procurement, not evidence that bidding is open.
Who this may suit
Potential fit for providers of financial-crime monitoring and screening software or related IT services. Specific supplier eligibility, technical requirements, route and response process are unknown.
Key points identified
Solution scopeTransaction screening and monitoring for fraud, sanctions and AML/CTFEvidence: "The Bank is reviewing its technology capability across transaction screening and monitoring for financial crime, covering fraud, sanctions and AML/CTF."
Market-engagement inputInformation on current and emerging solutions and deployment approachesEvidence: "the Bank is seeking information on current and emerging solutions, as well as deployment approaches."
Supplier eligibility requirementsUnknownEvidence: No eligibility criteria are stated in the supplied notice data.
93% approved-analysis confidence3 supplier criteria identified3 risks or unknowns
ProcuraAxis structures information found in published procurement records, checks the result for consistency and publishes only approved analysis. Confidence describes the completeness and consistency of the available source information; it is not a guarantee of eligibility or contract award.
Bank of England is conducting preliminary market engagement to gather information on current and emerging financial-crime transaction screening and monitoring solutions, and possible deployment approaches. It covers fraud, sanctions and AML/CTF use cases for high-value domestic and cross-border payments. This is an early-stage planned procurement, not evidence that bidding is open.
Who this may suit
Potential fit for providers of financial-crime monitoring and screening software or related IT services. Specific supplier eligibility, technical requirements, route and response process are unknown.
Key deliverables
Information on transaction screening and monitoring solutions
Information on deployment approaches for fraud, sanctions and AML/CTF technology
SUPPLIER REQUIREMENTS
3 criteria identified
Solution scope
99% confidence
Transaction screening and monitoring for fraud, sanctions and AML/CTF
View supporting evidence
"The Bank is reviewing its technology capability across transaction screening and monitoring for financial crime, covering fraud, sanctions and AML/CTF."
Market-engagement input
99% confidence
Information on current and emerging solutions and deployment approaches
View supporting evidence
"the Bank is seeking information on current and emerging solutions, as well as deployment approaches."
Supplier eligibility requirements
99% confidence
Unknown
View supporting evidence
No eligibility criteria are stated in the supplied notice data.
"stage": "planning"; notice type: "Preliminary market engagement notice on Find a Tender".
Engagement status
99% confidence
Early-stage planned procurement; response and submission process unknown
View supporting evidence
The notice is a "Preliminary market engagement notice" and "submission_deadline" is null.
Procurement method
99% confidence
Unknown
View supporting evidence
"procurement_method": null and "procurement_method_details": null.
RISKS AND UNKNOWNS
Points requiring attention
Early-stage uncertainty
99% confidence
Final scope, procurement route, response process, timetable, evaluation criteria and contract terms are unknown.
View supporting evidence
This is a "Preliminary market engagement notice" at "planning" stage; procurement-method fields and submission deadline are null.
Financial-crime compliance context
94% confidence
Any future solution may need to address sanctions, AML, CTF and fraud-prevention needs, but detailed mandatory compliance requirements are not stated.
View supporting evidence
The Bank states it is "committed to complying with all applicable sanctions, anti-money laundering (AML), counter-terrorist financing (CTF) and fraud prevention requirements."
Value interpretation
96% confidence
The GBP 5,000,000 figure is supplied as a maximum value, but the notice does not explain whether it is an estimated contract value, budget or other ceiling.
View supporting evidence
Opportunity field: "value_max": 5000000; no supporting commercial description is supplied.
ProcuraAxis analysis supplements, but does not replace, the original notice and tender documents. Always verify eligibility, deadlines and commercial terms with the issuing authority.
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