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Finland: Tenders/Keva/WSS Cloud Hosting
  1. Competition notice published

    9. april 2025 kl. 07:529. april 2025 kl. 07:52
  2. Contract start date

    16. juni 2025 kl. 00:0016. juni 2025 kl. 00:00
  3. Contract signed

    11. juli 2025 kl. 00:0011. juli 2025 kl. 00:00
  4. Result notice published

    7. aug. 2025 kl. 07:547. august 2025 kl. 07:54
  5. Contract end date

    15. juni 2032 kl. 00:0015. juni 2032 kl. 00:00

Brief

WSS Cloud Hosting

Awarded

The competition has ended and a winner has been selected.

Deadline
6. aug. 2025Expired
Award
Price 40%
Procedure
OpenSingle stage
Agreement
Buying servicesuntil juni 2032

Brief

Keva has entered into an agreement with Wall Street Systems UK LTD for cloud hosting services for their existing WallStreet Suite software, which serves as the main treasury system covering various investment types. The agreement includes one production environment and three test environments. The contract period is valid until further notice, with a final contract value of 865,000 €. Only one bid was received for this contract.

Data og analyse

Result

  • Wall Street Systems UK LTD
    Winner
  • Number of tenders received
    1
  • Contract value
    €865,000

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Award Criteria

  • Description

    Quality

    Source

    No source found in the documents. Check the weight against the tender documents.

  • Description

    Price

    Source

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Previous winners

  • Who are you up against?

    The suppliers who have won similar contracts at Keva

From the notice

  • Keva requested tenders for cloud hosting to existing WallStreet Suite -software. This will include one production environment, and 3 test environments. Keva uses WallStreet Suite as the main treasury system. It covers most invest-ment types in Keva’s portfolio such as FX, equity, high yield, EMD, Duration and liquidity, Hedge Fund and Tactical portfolios. The object of the procurement is described in annex 1, Object of the procurement. Keva does not commit to any procurement volumes. Based on the competitive tendering, one service provider will be selected. The contract period is valid until further notice.Main features of the procedureTenders shall be received by Keva at the specified time and no tenders will be accepted after this time. Tenders sent by post, email or fax will not be accepted. Tenders received after the tender submission deadline will remain unopened. The procurement is carried out in accordance with the Act on Public Procurement and Concession Contracts (1397/2016, Act on Public Procurement and Concession Contracts). The procurement is a procurement that exceeds the EU threshold value. The procurement procedure is an open procedure (section 32 of the Act on Public Contracts). The contracting authority may suspend the procurement procedure for a genuine and justified reason (section 125 of the Act on Public Contracts). Tenderers will not be compensated for submitting a tender, presenting it or otherwise participating in the procedure. The tender offer documents are available in English. The language of the procurement is English. In a procurement that exceeds the EU threshold value, the procurement contract can be awarded no earlier than 14 days after the tenderer has received or is deemed to have received the decision and its justifications. EXCLUSION FROM THE PROCUREMENT PROCEDURE A tenderer who is guilty of the offences referred to in section 80 of the Public Procurement Act or whose person exercising the power of representation, decision-making or supervision has been guilty of the offences referred to in section 80 of the Public Procurement Act will also be excluded from the procurement procedure. A tenderer who is guilty of acting in violation of the Act on Public Procurement and Concession Contracts and/or providing false and/or incomplete information may be excluded from the procurement procedure. A tenderer who is subject to the grounds for exclusion referred to in section 81 of the Act on Public Procurement and Concession Contracts may be excluded from the procurement procedure. Tenderers who do not meet the minimum requirements for the tenderer's suitability are excluded from the procurement procedure (section 83). The content of the tender must be in accordance with the invitation to tender and its appendices, and it must contain all the information requested for the evaluation of tenderers and tenders and for the comparison of tenders. The tenderer's own terms and conditions that are contrary to the invitation to tender may not be attached to the tender. The contracting authority is obliged to reject a tender that is in violation of the invitation to tender and is not comparable (section 74). The subcontractors whose resources the tenderer relies on and the members of the consortium must jointly meet the suitability requirements as described in this invitation to tender. In this respect, Section 92 of the Act on Public Procurement and Concession Contracts is complied with. The contracting authority may reject a tender of abnormally low price or costs in relation to the nature and scope of the procurement (section 96). The above-mentioned list is not exhaustive, but the contracting authority may also refuse to accept the tender or not to carry out the procurement for other justified reasons. The exclusion of the tender is in accordance with the Act on Public Procurement and Concession Contracts and its case law.

  • Contact

    Kevahankinnat@keva.fi
  • Type
    Result
  • Main code
    IT services: consulting, software development, Internet and support
    72000000
  • 72211000Programming services of systems and user software72300000Data services72600000Computer support and consultancy services

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