Mastek gets £15 mn contract from Financial Conduct Authority

Mastek (UK) Ltd, a Wholly-owned Subsidiary of Mastek Ltd secured two years contract with the Financial Conduct Authority (FCA), with a deal value of £15
million and with a further possible extension of 2 years to support the client’s Digital Delivery Hub (DDH). The contract award has been formally published on the UK Government’s procurement platform, confirming Mastek’s appointment for Engineering and Development Work.

The partnership reinforces Mastek’s growing influence as a specialist provider for high-integrity regulatory bodies. The FCA, which serves as the UK’s statutory regulator, is responsible for safeguarding market integrity and protecting consumers. The UK Government is currently undertaking a significant regulatory modernisation effort to strengthen consumer protections, improve market resilience, and future-proof oversight frameworks. These transformation programmes are vital to the UK’s financial infrastructure and part of a wider Critical National Importance agenda, with Mastek supporting delivery through its digital execution capabilities.

At 10.24 am, Mastek was trading at Rs. 1,482, up by 0.95%, with a volume of 1,561 shares on the BSE.