AwardedAwarded 22 October 2026

Fund Accounting Software

Wolverhampton City Council · Local authority

In brief

Wolverhampton City Council awarded IT and software work to FIS Capital Markets UK Limited on 22 October 2026.

The notice gives a value of £2,400,000 including VAT.

The contract runs for 3 years, up to 61 months with extensions, starting 28 February 2027.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

What the notice says

Contract for the provision of a Fund Accounting Software solution for the City of Wolverhampton Council as Administering Authority of the West Midlands Pensions Fund. The primary objective of the procurement was to appoint a supplier capable of delivering a robust, integrated fund accounting system that supports all asset classes and enables WMPF to operate effectively within a changing regulatory and investment environment. The solution aims to improve transparency, enhance automation, strengthen auditability, and reduce operational and financial risk. It also aims to provide accurate, timely, and consistent financial information to support effective governance, oversight, and decision-making. A further objective is to ensure that WMPF's fund accounting arrangements remain fit for purpose in light of the Government's "LGPS: Fit for the Future" reforms, expected to take effect from April 2026. The contract includes for the supply and installation of such a solution, delivered by a single supplier, and with ongoing support and maintenance.

Who won

WinnerValueDates
FIS Capital Markets UK Limited
3 bids received
£2,345,000
Awarded 22 October 2026

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Preliminary market engagement notice · UK2, notice 026334-2026
  2. Tender notice · UK4, notice 027459-2026
  3. Contract award notice · UK6, notice 102239-2026

About the buyer

  1. Registration Services Booking and Management System

    Herefordshire CouncilWest MidlandsIT services and software

    Closing soon16 hours left

    £200kestimated
  2. Market Intelligence and Document Search Platform

    The Financial Reporting Council LimitedWest Midlands, LondonIT services and software

    Closing soon5 days leftSmall contract

    £100kestimated
  3. Procurement of an HR and Payroll System

    Look Ahead Care and Support LimitedNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestIT services and software

    Open7 days leftSuitable for SMEs

    £1.5mestimated
  4. Maiden Erlegh Trust - Mobile Device Scheme

    Maiden Erlegh TrustNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestOffice supplies and equipment, IT services and software

    Open10 days leftSuitable for SMEs

    £6mestimated
  5. Palladian Academy Trust - Comms & Security Partner

    Palladian Academy TrustNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestIT services and software, Telecoms and networks

    Open17 days leftSuitable for SMEs

    £600kestimated

From notice 026334-2026 on Find a Tender, first published 23 March 2026, last updated 28 October 2026. We last checked for changes on 28 October 2026.