# Who sells consulting to European Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union? · Arquestra Consulting Market Radar

EU institutions and agencies, Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad (BE100) · EU institutions (guessed from the name) · updated 2026-10-30 · awards dated 2024-10-31 to 2026-10-30 · consulting work only.

> Source: Arquestra Consulting Market Radar (arquestra.dev), European Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union, data of 2026-10-30. Page: https://arquestra.dev/buyers/en/european-commission-dg-fisma-financial-stability-financial · Licence CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/), by Pablo Ramos-Sánchez. Commercial reuse needs a licence: https://arquestra.dev/assets/consulting/api#more.

## Who wins consulting work from European Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union?

10 firms won its 6 consulting awards. Large consultancies (Big Four, Accenture, Capgemini, IBM and the strategy houses (McKinsey, BCG, Bain, Roland Berger, Oliver Wyman, Kearney)) are named on 17% of them.

- Centre for European Policy Studies: 2 awards (33%), EUR 112 k won · https://arquestra.dev/firms/en/centre-for-european-policy-studies
- Ecorys: 1 awards (17%), EUR 214 k won · https://arquestra.dev/firms/en/ecorys
- Rusi Europe: 1 awards (17%), EUR 214 k won
- Verian: 1 awards (17%), EUR 112 k won · https://arquestra.dev/firms/en/verian
- Bourse Consult LLP: 1 awards (17%)
- Civitta Eesti AS: 1 awards (17%) · https://arquestra.dev/firms/en/civitta
- European Business Angels Network: 1 awards (17%)
- EY: 1 awards (17%) · https://arquestra.dev/firms/en/ey
- Milieu Consulting: 1 awards (17%) · https://arquestra.dev/firms/en/milieu-consulting
- Tipik Communication Agency: 1 awards (17%)

## How much does European Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union spend on consulting?

EUR 652 k over 2 awards with a published value (median EUR 224 k; half between EUR 224 k and EUR 224 k). Frameworks apart: 4 framework awards, ceilings EUR 5.7 M in total (a ceiling, not spending).

- Strategy & advisory: 6 awards, EUR 652 k (Research & evaluation 5, Finance & economics 1)

## How many firms bid?

Median 5 bids; 0% of awards had a single bid (6 awards give the number of bids).
20% of its awards after a first one went to a firm that had already won from it (5 awards).

## What is open now?

- Assessing the Elasticity of Retail Investment to Tax Incentives · closes 2026-11-20 · EUR 300 k · https://ted.europa.eu/en/notice/-/detail/700915-2026

## Which frameworks?

- Analysis of developments in EU capital flows in the global context · 2025-11-18 · ceiling no data · ends 2029-11-16 · 1 holders · https://ted.europa.eu/en/notice/-/detail/762176-2025
- Multiple Framework Contract in Cascade for Assistance Services in the Field of Compliance Assessment in the areas of banking and finance · 2025-03-14 · ceiling EUR 5.0 M · ends 2029-03-12 · 2 holders · https://ted.europa.eu/en/notice/-/detail/166480-2025

## Latest awards

- 2025-11-18 · Analysis of developments in EU capital flows in the global context · Centre for European Policy Studies · framework · https://ted.europa.eu/en/notice/-/detail/762176-2025
- 2025-05-19 · Study on the application and impact of Regulation (EU) 2021/1230 on cross-border payments in the Union (CBPR2) · Verian, Centre for European Policy Studies · EUR 224 k · https://ted.europa.eu/en/notice/-/detail/764776-2025
- 2025-03-25 · Study on national legal framework and obstacles for asset tokenisation in Member States · EY · framework · https://ted.europa.eu/en/notice/-/detail/191496-2025
- 2025-03-21 · Comparative study on best practices for a stronger EU sanction enforcement · Ecorys, Rusi Europe · EUR 428 k · https://ted.europa.eu/en/notice/-/detail/43276-2026
- 2025-03-14 · Multiple Framework Contract in Cascade for Assistance Services in the Field of Compliance Assessment in the areas of banking and finance · Milieu Consulting, Tipik Communication Agency · framework · https://ted.europa.eu/en/notice/-/detail/166480-2025
- 2024-12-13 · Study on the scaling up of funds investing in innovative and growth firms and on consolidation and reducing fragmentation in trading and post-trading infrastructures in Europe · Civitta Eesti AS, Bourse Consult LLP, European Business Angels Network · framework · https://ted.europa.eu/en/notice/-/detail/763942-2024

Similar buyers: European Centre for the Development of Vocational Training, CEDEFOP - European Centre for the Development of Vocational Training (6) https://arquestra.dev/api/radar/cards/buyers/european-centre-for-the-development-of-vocational-training.md, European Commission, DG CLIMA - Climate Action (6) https://arquestra.dev/api/radar/cards/buyers/european-commission-dg-clima-climate-action.md, European Agency for Safety and Health at Work (EU-OSHA) (7) https://arquestra.dev/api/radar/cards/buyers/european-agency-for-safety-and-health-at-work.md, European Maritime Safety Agency (5) https://arquestra.dev/api/radar/cards/buyers/european-maritime-safety-agency.md, European Central Bank (ECB) (5) https://arquestra.dev/api/radar/cards/buyers/european-central-bank.md, European Union Agency for Fundamental Rights (8) https://arquestra.dev/api/radar/cards/buyers/european-union-agency-for-fundamental-rights.md.

## Method and source

Arquestra Consulting Market Radar, built 2026-10-30 from TED (eForms) and national registers (France DECP/BOAMP, Spain PLACSP, Germany, Netherlands): public consulting awards from EUR 15,000 up of the last 24 months, classified by kind of work; work outside consulting left out. Spellings of the buyer's name are merged within one country. Spending: the published value of each award other than a framework, values of EUR 150 M or more left out; frameworks are counted apart (their value is a ceiling). An award with several winners counts once for each firm.
Sources: TED 7.