Original Source: Shared Assessments / DTCC

This case study describes DTCC’s approach to evaluating and implementing a service vendor management program that complies with current FFIEC guidelines and also provides efficient, cost effective risk management capabilities that meet DTCC business resiliency requirements. Program implementation resulted in significant cost savings to DTCC and corroborates the experience of other Financial Institutions (FIs) and Service Providers (SPs) who use the outlined approach. This case study illustrates the benefits to both FIs and SPs…

Contributors: Shared Assessments
Categories: SIG U Resource, Whitepaper
SRC Type: Risk Management, Sourcing Management, Third Party Management