Risk Management Transformation Support
Details
- Supplier(s)
- Baringa Partners LLP
- Value
- £1,800,000
- Duration
- 3 years
- Topic
- Business and management consultancy and related services
- Published
- 21 September 2026
- Source
- uk:find_a_tender
Tender description
The supply of specialist resource to support continued delivery of FSCS's Risk Management Transformation programme. The objectives of this engagement are to: • Assess process and control effectiveness across selected domains • Design and embed preventative and automated controls • Reduce reliance on manual and detective control activities • Support development of 1LOD risk ownership and accountability • Develop 1LOD risk and controls registers • Provide actionable tooling and automation recommendations • Enable a sustainable, data-driven risk management capability • Create a comprehensive Compliance Traceability Matrix The engagement will be delivered through iterative call-offs, each contributing to a defined future-state operating model. ## Contract award
Timeline
- Completed: Award published21 September 2026Current notice
- Completed: Award date21 September 2026
- Next: Contract expiry date24 September 2029in 3 years
About the buyer
Financial Services Compensation Scheme (FSCS), a UK central body established under the Financial Services and Markets Act 2000, runs its own procurement function. FSCS began compensating customers of failed firms in 2001. Protection extends across banking, investment, pension, insurance and mortgage advice for firms authorised to trade in the UK. FSCS is independent of government and the financial services firms whose levies fund it.
Over the past 5 years, most of Financial Services Compensation Scheme's contract awards have been in business services, software and information systems and IT services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov |
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