Beaufort International Group, the pan-European business consultancy, is to implement a new information system for the UK's Financial Services Authority (FSA) that will support the regulator's role as the UK listing authority.

The contract, worth about £1.2m (€1.8m), will allow the FSA to bring control of the system in house and reduce running costs. It builds on a consultancy provision framework agreement signed between Beaufort and the FSA in October 2001. The FSA declined to name the previous provider.