His Majesty’s Treasury (HMT) appoints Keysource

His Majesty’s Treasury (HMT) has appointed Keysource, the global datacentre and critical environment specialists, to play a vital role in the successful operation of its Online System for Central Accounting and Reporting version 2(OSCAR II), a cross-government system, maintained by HMT, which contains a detailed analysis of departmental spending and from which the Whole of Government Accounts (WGA) and Supply Estimates are produced.

Under the terms of the contract, which was awarded following a competitive tender, Keysource will be responsible for maintaining and operating the hosted environment, ensuring the availability, performance, and security of the OSCAR II system. This will include developing enhancements to drive optimisation; security and vulnerability management; and performance analysis.

In addition, Keysource will also manage the service desk and be responsible for delivering user support and service management on behalf of HMT, acting as the single point of contact for all end users and OSCAR II suppliers. Access and incident management and trend analysis also form part of the remit alongside a commitment to continuous service improvement and innovation.

Jon Healy, COO at Keysource said: “OSCAR II was developed to put finance analytics at the heart of decisions across Government, using more accurate data and spending more time on insight and analysis and less on manual quality checks and validation. Our role is to help provide a secure, scalable, and reliable platform for this financial management and reporting, ensuring the availability, performance, and security of the system. We are extremely proud to have been entrusted with this prestigious and important contract.”

Rachel Salim, Deputy Director Finance Analytics, Control and Technology, HM Treasury, said, “We are delighted to be partnering with Keysource on the two awarded contracts that form part of OSCAR II Service. Through the tender process, transition and first few months of delivery, Keysource have demonstrated a commitment to continuous improvement and innovation to both their own service(s) and the service of OSCAR II as a whole. We are excited to see how we can evolve the service together over the next 3 years.”

Return on Investment to be achieved in under 1.8 years, with reduced running costs.
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