---
title: "Provision of Smart Data Synthetic Data (BigSpark)"
ocid: "ocds-h6vhtk-05dfbc"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05dfbc"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05dfbc.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05dfbc.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "FCA"
published: "2025-11-12"
---

# Provision of Smart Data Synthetic Data (BigSpark)

Buyer: FCA  
Current stage: Award  
OCID: ocds-h6vhtk-05dfbc

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05dfbc)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05dfbc.json)

## Summary

The public procurement process involves the Financial Conduct Authority (FCA), based in London, entering into a contract with BIGSPARK to provide smart data synthetic data services for their digital sandbox environment. This procurement is categorised under IT services, specifically software support, and is aimed at supporting innovation in open finance. The procurement stage for this particular contract is completed, with the final contract awarded on 12th November 2025 and valid until 9th November 2026, with options for annual extensions. The procurement method was via direct selection, indicating it was below the threshold without competition.

This tender presents significant opportunities for businesses involved in IT consulting and software development, particularly those specialising in data services. SMEs like BIGSPARK, who are adaptable and innovative, are well-suited to compete in similar contracts by leveraging their expertise in providing cross-sectoral datasets and supporting policy development initiatives. Engaging in such projects can enhance a company's portfolio in IT solutions and open financial data, positioning them as key players in these growing sectors.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/073236-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Below threshold - without competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Nov 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 11 Nov 2025 |
| Contract period | 12 Nov 2025 - 9 Nov 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £117,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FCA |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BIGSPARK |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72000000 - IT services: consulting, software development, Internet and support
- 72261000 - Software support services

## Release History

- 12 Nov 2025 at 14:34 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/073236-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/073236-2025
  12th November 2025 - Contract details notice on Find a Tender

## Notice URLs

- http://www.fca.org.uk
- https://www.bigspark.ai/
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05dfbc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05dfbc.json.