Closed

ID 4973874 - DoJ - NICTS - Independent Investment Advisory Service for Court Funds Office

Descriptions

The Northern Ireland Court Funds Office (CFO) is an office within the Northern Ireland Courts and Tribunals Service (NICTS), an Agency of the Department of Justice (DOJ). The function of CFO is to administer and manage funds which are brought under court control for a variety of reasons. These include: • where money is awarded to a minor in a civil action; • where a person (a patient) is deemed to be incapable of managing their financial affairs because of mental incapacity; • where monies are lodged in satisfaction or against costs as a token of intention to proceed with litigation. CFO appoints an Investment Manager (the Manager) to provide professional investment management services in relation to the investment of these funds. The service includes making investment recommendations for a client’s funds according to the circumstances of the case, operating a sponsored CREST membership for CFO and processing investment transactions as directed. This service is an advisory service only, as funds can only be invested on the direction of the court. Currently, the role of CFO is overseen by the Court Funds Judicial Liaison Group (JLG), which comprises the Accountant General, members of the judiciary and independent members. The purpose and scope of the contract is to ensure that the quality of advice provided by the Manager is adequately assessed and investment recommendations made in respect of CFO clients are robustly challenged. Please refer to the document entitled ID 4973874 Specification for further information.

Timeline

Published Date :

13th Dec 2023 1 year ago

Deadline :

26th Jan 2024 1 year ago

Contract Start :

N/A

Contract End :

N/A

Tender Regions

Keywords

banking services

investment support

insurance coverage

loan processing

credit services

pension management

asset protection

financial consulting

risk management

economic advisory

mergers & acquisitions advice

underwriting services

corporate finance

IPO advisory

structured finance

deal origination

capital raising

investment banking

financial restructuring

corporate advisory services

asset management

investment portfolio

fund management

discretionary management

wealth management

portfolio advisory

financial asset allocation

investment planning

fund oversight

client portfolio services

market administration

exchange oversight

securities market administration

trading platform management

market infrastructure services

market surveillance

clearing house administration

financial market operations

exchange administration

trade registry services

market regulation

financial oversight services

compliance monitoring

regulatory enforcement

market supervision

securities compliance

trading regulation

exchange regulation

market rules enforcement

regulatory market services

asset custody

trustee services

fund custody

securities custody

fiduciary services

trust administration

custodian banking

asset safeguarding

trust management

broker‑dealer custody

transaction processing

clearinghouse operations

payment consultancy

trade clearinghouse

financial advisory

back-office processing

deal processing

financial operations consulting

clearinghouse facilitation

Tender Lot Details

2 Tender Lots

Let’s Get you Started ✍

Get to see all tender details more briefly

Already have an account ?

Workflows

Status :

Closed

Assign to :

Tender Progress :

0%

Details

Notice Type :

Open opportunity

Tender Identifier :

IT-378-246-T: 2024 - 001

TenderBase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Region :

North Region

Attachments :

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Designation :

Chief Executive Officer

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors