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C0780 Know Your Customer/Enhanced Due Diligence Software

£503,810

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Contract Details

Tender Value
£503,810
Stage
Live
Published
Awarded

Timeline

Awarded
Start
Disclosed
End

Description

Provision of an enhanced due diligence / risk management tool to comply with legislation on Anti-Money Laundering ("AML"), Anti-Bribery and Corruption ("ABC"), individual or company background checks (Know your Client "KYC"), a negative news check, sanctions, and politically exposed person (PEP) check and company's litigation history. The contract shall have a two year subscription period with the option for a one year extension. The value of the contract will range between £266,774 and £503,809.50 excluding VAT depending on the execution of the available extension option.

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