Risk and Audit System Replacement Project

The FCA need to procure a new risk management solution as the current contract with the incumbent supplier will come to an end in Mar 25. In parallel to this, Internal Audit's use of the Pentana system will also come to a close in June 25 (also due to end of contract lifetime), and the Risk and Audit System replacement project has been stood up to source a new contract that satisfies both areas, along with a system fit for purpose for both areas. The contract term requirement would be a 3+1+1 year contract.