Mastek Secures Two Year FCA Contract To Support Digital Delivery
ECONOMY & POLICY

Mastek Secures Two Year FCA Contract To Support Digital Delivery

Mastek (UK) Limited, a wholly owned subsidiary of Mastek Limited, has secured a two year contract with the Financial Conduct Authority to support the regulator's Digital Delivery Hub, with a deal valued at 15 million pounds (mn). The contract was published on the UK Government procurement platform and covers engineering and development work. The agreement includes a possible extension of two years and positions Mastek to scale delivery for high integrity programmes.

Under the partnership Mastek will provide specialised digital engineering and service management expertise to scale and modernise processes and deliver user centred digital products and platforms. The appointment reflects emphasis on disciplined execution and sensitivity to compliance and confidentiality. The work will focus on building modern, secure and compliant systems to strengthen consumer protections and improve market resilience.

The Financial Conduct Authority is the United Kingdom's statutory regulator responsible for safeguarding market integrity and protecting consumers and it is pursuing a regulatory modernisation agenda to future proof oversight frameworks. These transformation programmes are described by the UK Government as critical to national financial infrastructure and require partners capable of complex, compliance abiding delivery. Mastek's role is aligned to this agenda and supports the regulator's priorities for resilience and consumer safeguards.

Mastek was selected on the basis of engineering depth, contextual understanding of regulatory environments and a proven track record in delivering complex transformation programmes. The company employs close to 5,000 people across more than 40 countries and serves sectors including public services, healthcare, retail and financial services. The firm emphasises ethical, scalable and domain driven approaches to AI integration and partners with major technology vendors to accelerate transformation.

The engagement is expected to reinforce Mastek's position as a specialist provider to high integrity regulatory bodies in the UK and Europe and to advance its UK growth strategy. The company said disciplined delivery and careful handling of compliance and confidentiality underpin its contribution to programmes of critical national importance. The partnership is expected to support long term capability building.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Mastek (UK) Limited, a wholly owned subsidiary of Mastek Limited, has secured a two year contract with the Financial Conduct Authority to support the regulator's Digital Delivery Hub, with a deal valued at 15 million pounds (mn). The contract was published on the UK Government procurement platform and covers engineering and development work. The agreement includes a possible extension of two years and positions Mastek to scale delivery for high integrity programmes. Under the partnership Mastek will provide specialised digital engineering and service management expertise to scale and modernise processes and deliver user centred digital products and platforms. The appointment reflects emphasis on disciplined execution and sensitivity to compliance and confidentiality. The work will focus on building modern, secure and compliant systems to strengthen consumer protections and improve market resilience. The Financial Conduct Authority is the United Kingdom's statutory regulator responsible for safeguarding market integrity and protecting consumers and it is pursuing a regulatory modernisation agenda to future proof oversight frameworks. These transformation programmes are described by the UK Government as critical to national financial infrastructure and require partners capable of complex, compliance abiding delivery. Mastek's role is aligned to this agenda and supports the regulator's priorities for resilience and consumer safeguards. Mastek was selected on the basis of engineering depth, contextual understanding of regulatory environments and a proven track record in delivering complex transformation programmes. The company employs close to 5,000 people across more than 40 countries and serves sectors including public services, healthcare, retail and financial services. The firm emphasises ethical, scalable and domain driven approaches to AI integration and partners with major technology vendors to accelerate transformation. The engagement is expected to reinforce Mastek's position as a specialist provider to high integrity regulatory bodies in the UK and Europe and to advance its UK growth strategy. The company said disciplined delivery and careful handling of compliance and confidentiality underpin its contribution to programmes of critical national importance. The partnership is expected to support long term capability building.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement