FSA, Capgemini in outsourcing deal
The contract, known as the Strategic Outsourcing Framework Agreement, will cover the FSA's application development and application maintenance.
According to ComputerWeekly, the service provider will create and support software for the FSA.
Capgemini has worked with the FSA since 2006 and the agreement will support the FSA as it embarks on a large number of projects in the aim of supporting new regulations and restructuring its own organisation.
The systems in scope will also support the transition to the new regulatory structure in the run-up to 2013 and beyond, reports Finextra.
The FSA says that Capgemini was successful because of its in-depth knowledge of financial sector regulation, its collaborative ethos, and its cost-effective proposals based on its Rightshore delivery model, with the Capgemini FSA delivery teams located in the UK and India.
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