RFP QuestBeta
OpenStage · award

BORDER TO COAST PENSIONS PARTNERSHIP LIMITED

Futures Clearing Broker Services

ValueValue not published
Deadline
Published3 Jul 2026
RegionNationwide
Who to contact
procurement@bordertocoast.org.uk

The procurement contact named on the official notice.

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The brief

Border to Coast Pensions Partnership Limited ("Border to Coast") is an FCA regulated investment manager based in Leeds, UK managing assets on behalf of 18 Local Government Pension Scheme ("LGPS") pension funds (as of 1 April 2026).

Border to Coast has investment propositions across a range of asset classes including equities, fixed income, private markets and real estate.

There is a mix of internal (direct) and external (via third party managers) management across these propositions.

Assets under management are currently ~£53bn and are expected to grow to ~£115bn over the next 2 - 3 years.

In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds.

Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026.

Third Party Administrator ("TPA") services, including brokerage, custody and fund accounting, are provided by Northern Trust.

Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability.

The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA.

Key requirements

What the supplier must deliver

01

Assets under management are currently ~£53bn

Assets under management are currently ~£53bn and are expected to grow to ~£115bn over the next 2.

02

In addition, Border to Coast is developing

In addition, Border to Coast is developing a series of investment capabilities to provide advisory, asset allocation and implementation services to Partner Funds.

03

Border to Coast currently uses Bloomberg

Border to Coast currently uses Bloomberg for its Order Management / Portfolio Management system ("OMS / PMS") but will be migrating to BlackRock Aladdin towards the end of 2026.

04

Border to Coast wishes to procure

Border to Coast wishes to procure a Futures Clearing Broker to support the implementation of its futures capability.

05

The provider's operating model needs to

The provider's operating model needs to be able to fully integrate with our OMS / PMS (both current and future state) and our TPA.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
ocds-h6vhtk-06741d
Stage
award · Awarded
Source
Find a Tender
Buyer ref
062981-2026
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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