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 2 years ago

Deadline :

26th Jan 2024 1 year ago

Contract Start :

N/A

Contract End :

N/A

Tender Regions

Keywords

asset management

loan processing

asset custody

fund oversight

banking services

capital raising

credit services

deal origination

risk management

fund custody

IPO advisory

trust management

fund management

trustee services

deal processing

asset protection

discretionary management

underwriting services

investment portfolio

trust administration

payment consultancy

market rules enforcement

market supervision

investment support

financial restructuring

market administration

transaction processing

asset safeguarding

trade clearinghouse

market surveillance

securities compliance

regulatory enforcement

portfolio advisory

wealth management

compliance monitoring

insurance coverage

financial consulting

exchange administration

investment banking

trade registry services

securities custody

structured finance

investment planning

clearinghouse operations

corporate finance

market regulation

exchange oversight

back-office processing

broker dealer custody

fiduciary services

trading regulation

pension management

financial advisory

exchange regulation

custodian banking

economic advisory

clearing house administration

clearinghouse facilitation

mergers & acquisitions advice

market infrastructure services

regulatory market services

trading platform management

financial oversight services

corporate advisory services

securities market administration

financial operations consulting

financial market operations

financial asset allocation

client portfolio services

Let’s Get you Started ✍

Get to see all tender details more briefly

Already have an account ?

Workflows

Status :

Closed

Procedure :

N/A

Suitable for SME :

N/A

Nationwide :

No

Assign to :

Tender Progress :

0%

Details

Notice Type :

Tender

Tender Identifier :

IT-378-246-T: 2024 - 001

Tenderbase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk