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At the NAO, we have a business need to access reliable market and financial information to inform our financial audit and value for money audit work. Around 50 financial audit teams across the office accessed these services in the 2025-26 cycle. This is a business-critical need, used in providing independent evidence to support key assumptions in asset and liability valuations and historical pricing. Our value for money audit work also requires access to high-quality market, corporate, financial, geopolitical and sector intelligence that is not readily available through standard internet searches or publicly available government sources. We require the provision of a product that provides quick and efficient access to asset and liability prices as well as economic and market data. The minimum requirements for this service are as follows: • A software product capable of meeting International Standard on Auditing (ISA) 500 requirements that provides quick and efficient access to asset and liability prices, such as bonds, equities and fund investments in both a real-time and historic basis, and the ability to price derivative instruments such as interest rate swaps. • The software mus
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