Risk Management Transformation Support

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Published: Oct 8, 2026

Updated: Oct 9, 2026

Source: UK FTS - Find a Tender Service

This tender has been awarded

Awarded to BARINGA PARTNERS LLP

Browse open Finance & Banking tenders in United Kingdom

About This Opportunity

This is a services contract in the finance and banking, legal services and audit and accounting sectors, with a focus on Anti Corruption and Risk Assessment. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

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.

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on October 8, 2026. Last refreshed 26 days ago. Reference: 094982-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED has issued 46 procurement notices on BidsFactory, including 0 currently open and 45 awarded contracts. Activity concentrates in Information & Communication Technology, Finance & Banking, and General Supplies & Services. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: October 8, 2026.

Frequently asked questions about this tender

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 094982-2026 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to BARINGA PARTNERS LLP. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by FINANCIAL SERVICES COMPENSATION SCHEME LIMITED in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.