Mastek (UK) Limited, a wholly-owned subsidiary of Mastek, has secured an initial two-year contract worth £15 million with the UK’s Financial Conduct Authority (FCA). This engagement focuses on strengthening the FCA’s Digital Delivery Hub (DDH) through specialized digital engineering and transformation work. The contract includes a potential two-year extension and highlights Mastek’s growing role in supporting critical national infrastructure and high-integrity regulatory bodies in the UK.
Mastek Secures Major UK Regulatory Contract
Mastek (UK) Limited, a subsidiary of Mastek Limited, announced on March 17, 2026, that it has been awarded a significant contract by the UK’s Financial Conduct Authority (FCA). The initial deal value is £15 million, tied to a two-year term, with a possibility of a further two-year extension. This award confirms Mastek’s appointment for essential Engineering and Development Work supporting the client’s Digital Delivery Hub (DDH).
Focus on Digital Transformation and Integrity
The FCA is the UK’s statutory regulator, responsible for safeguarding market integrity. The mandate aligns with the UK Government’s broader effort to modernize regulatory oversight. Mastek will leverage its expertise to help the FCA expand its DDH by building modern, user-centered digital products and platforms. Mastek was chosen based on its proven track record in delivering complex, compliance-abiding transformation programmes.
Strategic Impact and Leadership Commentary
This partnership reinforces Mastek’s growing influence within the UK’s financial infrastructure segment. Mr. Abhishek Singhh, President UKI & Europe, Mastek, stated that the engagement is an important step in the company’s UK growth journey, emphasizing that Mastek’s disciplined execution and sensitive handling of confidentiality have reinforced its role as a trusted digital partner for programmes of critical national importance.
About Mastek
Mastek is positioned as a global provider of enterprise AI, digital, and cloud services, serving over 40 countries with a workforce nearing 5,000 employees. The company partners with industry leaders like Oracle, Microsoft, and AWS, focusing on sectors including the Public Sector, Healthcare, and Financial Services, driven by its core values of trust, value, and velocity.
Source: BSE
