WASHINGTON — BITS is offering a white paper on managing vendor subcontractor relationships.

The paper examines risk and provides guidelines for financial institutions who find their primary vendors increasingly distributing services to subcontractors.

Regulatory requirements, policy and contracting considerations, due diligence and monitoring are among topics discussed.

The white paper is available at www.bitsinfo.org/p_publications.html#VM.

BITS is the technology division of the Financial Services Roundtable, which represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer.

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