UK Finance Regulator Invests £12.3 Million in Workday System Upgrade
2025-03-31
The Register
The UK's financial regulator, FCA, is set to spend up to £12.3 million on enhancing its Workday HR and finance system, four years after its initial rollout in 2021. The deal with Cognizant aims to improve the system's functionality and integration, highlighting the ongoing need for customization and optimization in financial management software. As the FCA continues to invest in digital transformation, this move underscores the importance of HR and finance system upgrades in the financial sector, driving efficiency and compliance. Key areas of focus include cloud-based HR systems and financial management tools.