Investment Management Solution (s)

Descriptions

The National Wealth Fund (“NWF”), successor to the UK Infrastructure Bank, has been established to drive the nation's growth by creating a stable investment environment and mobilising private capital to align with the UK Government's strategic priorities. As NWF we will support a wider range of sectors beyond infrastructure, aligning with the Government's industrial strategy. NWF have a total capital of £27.8 billion, with at least £5.8 billion dedicated to green hydrogen, carbon capture, ports, gigafactories, and green steel. This aligns with the principle of achieving policy objectives via sound banking.Our private sector function will provide corporate and project finance and invest across the capital structure, including senior debt, mezzanine, guarantees and equity. Our local authority function will lend to local authorities at a preferential rate for high value and strategic projects of at least £5 millionWe are wholly owned and backed by HM Treasury.We are undertaking early market engagement to understand the market offerings for an investment management solution (s) which focuses on the financial and operational lifecycle of a deal post go-live, namely:- • Investment set up (booking a deal) • Output for the purposes of accounting in-line with International Financial Reporting Standards (IFRS). • Investment management of a deal (calculation of cashflow) • Investment closure (ending a deal) • The continual risk management of the deals including IFRS ECL & economic capital calculations• Professional services related to the aboveNWF currently has a number of tools providing these services internally.The outcome of the early market engagement will inform our procurement pipeline for procuring any software or associated services as further described in Section VI.3 below.