AwardedAwarded 11 November 2025

Provision of Smart Data Synthetic Data (BigSpark)

Financial Conduct Authority · Local or regional public body

In brief

Financial Conduct Authority awarded IT and software work to Bigspark Limited on 11 November 2025.

Built from the notice's own fields. Always check the official notice before you bid.

What the notice says

BigSpark will provide the FCA with a synthetic cross-sectoral dataset for the digital sandbox environment. This will enable the FCA to support firms innovating in the open finance and smart data area, and generate invaluable input into policy making. This is instrumental to successfully draft a regulatory framework for open finance, as stated in the FCA Strategy. The previous contract with the provider was centred on a much smaller dataset.

Who won

Winner	Value	Dates
Bigspark Limited (SME)	£117,000	12 November 2025 to 9 November 2026

Values as the award notice gives them, excluding VAT where stated.

Timeline

12 November 2025Contract details notice · UK7, notice 073236-2025

About the buyer

Financial Conduct AuthorityLast 12 months

Procurements

156

Awards

121

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From notice 073236-2025 on Find a Tender, first published 12 November 2025. We last checked for changes on 28 September 2026.