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An Overview of the US Financial Services Sector Outsourcing Regulations

Guide12 pages

Get practical guidance on US financial services IT outsourcing regulations, including FFIEC, Federal Reserve, OCC, and FINRA expectations for third-party technology risk, software escrow, continuity planning, and resilience.

Our guide provides an overview of the key US financial services regulations firms should consider when managing outsourcing arrangements with critical technology and software providers.

Download the guide and discover how to:

  • Comply with FFIEC and other US financial services regulations.
  • Assess third-party risk of technology outsourcing service providers.
  • Maintain & test business continuity and exit plans for critical services.
  • Implement software escrow and verification to support source code access, resilience, and continuity planning.

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Regulations covered within the guide

FFIEC

Outsourcing Technology Services & IT Examination handbooks.

Federal Reserve

Federal Reserve guidance on managing outsourcing risk.

FINRA SEC Rule 17a-4

The SEC books and records rule 17a-4.

OCC

Third-Party Relationships: Risk Management Guidance.

OSFI (Canada only)

Outsourcing of Business Activities, Functions and Processes.


Manage third-party risk with Software Escrow

          

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