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IT Outsourcing in the financial sector:

  • EBA Guidelines:

    • Assessment of existing outsourcing arrangements.

    • Advising clients on the establishment of internal outsourcing governance frameworks.

    • Conducting risk assessments and due diligence on new outsourcing arrangements.

    • Advising and negotiating the outsourcing agreement with the IT provider on behalf of the client.

  • Digital Operational Resilience (DORA):

    • DORA compliance assessment of existing outsourcing arrangements (ICT-related risks, incident, third-party management and governance and culture): DORA compliance gap.

    • Advising clients on DORA compliance for new outsourcing contracts.

    • Advise and negotiate the outsourcing agreement with the IT provider on behalf of the client.

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