Mastek Secures £15 Million Contract with UK Financial Conduct Authority

Mastek Limited has announced that its wholly owned subsidiary, Mastek (UK) Limited, has secured a two-year contract with the Financial Conduct Authority (FCA), the United Kingdom’s financial regulatory body. 

The contract is valued at £15 million and includes an option for a further two-year extension. The agreement marks a significant milestone for Mastek as it strengthens its presence in the UK public sector and regulatory technology ecosystem.

Contract Details and Scope

The contract has been awarded to support the FCA’s Digital Delivery Hub (DDH), which focuses on building modern digital products and platforms for regulatory operations. The award has been formally published on the UK government’s procurement platform, confirming Mastek’s appointment for engineering and development work.

Under this agreement, Mastek will deliver digital engineering and service management capabilities to help scale and modernize the FCA’s digital systems. The project will involve developing technology-driven solutions that enhance operational efficiency and enable better digital services for stakeholders.

Supporting Regulatory Modernisation

The partnership comes at a time when the UK government is undertaking major regulatory modernisation initiatives. These programmes aim to strengthen consumer protection, improve market resilience, and ensure that the financial regulatory framework remains effective in an evolving digital economy.

The FCA plays a crucial role in maintaining market integrity and safeguarding consumers in the UK financial system. By supporting the Digital Delivery Hub, Mastek will contribute to technology transformation initiatives that are considered critical to the country’s financial infrastructure.

Mastek’s Expertise in Digital Transformation

Mastek was selected for the contract based on its strong digital engineering expertise and proven track record in delivering complex technology transformation projects. The company has extensive experience in providing cloud, AI-driven solutions, and digital services for government and regulatory organisations.

Its ability to deliver large-scale, compliance-driven programmes has positioned it as a trusted technology partner for institutions that require high standards of security and reliability.

Mr. Abhishek Singhh, President UKI & Europe, Mastek, said,” This engagement marks an important step in our UK growth journey as we contribute to the modernisation of institutions central to the country’s financial and regulatory infrastructure. Our disciplined execution and sensitive handling of compliance, confidentiality, and delivery integrity have reinforced Mastek’s role as a trusted digital partner to programmes of critical national importance.”

Mastek Share Price Today

On March 17, 2026, Mastek share price opened at ₹1,478.10, touching the day’s low at ₹1,438.50, as of 12:02 PM on the NSE.

Also Read: Mastek Secures £85 Million Engineering Contract with UK Home Office for ATLAS Platform!

Conclusion

The £15 million contract with the FCA highlights Mastek’s growing influence in the global regulatory technology space. By supporting the Digital Delivery Hub, the company will play a key role in advancing the UK’s digital regulatory infrastructure while strengthening its long-term presence in the public sector technology market.

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