Bank of England seeks partner to support Oracle Cloud implementation
The UK's central bank is on the hunt for a service partner as it plans to expand its finance, procurement, and recruitment applications into the Oracle Cloud., the Bank of England is looking for an IT services company to"support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme."
The chosen supplier will be expected to support a program that provides a"step change in the capabilities and value delivered by the finance, procurement and recruitment functions in the Bank, leveraging the existing Oracle Cloud toolset to drive sustainable business change." The contract is expected to last 55 months, with the potential to extend for a further 24 months, and will be worth up to £7 million ., Big Red's cloud application platform for HR, in late 2021.
The new partner will be expected to"review and rebuild" the"way all tasks, processes and outputs are achieved and will leverage the Oracle Cloud toolset to help drive business change."
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