FFIEC IT Examination Handbook
Development, Acquisition, and Maintenance booklet (August 2024) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook DAM-IV.O.1(c): IV.O.1(c) Implementation and Assessment (Development, Acquisition, and Maintenance)

What does DAM-IV.O.1(c) require?

In the implementation and assessment phase the team configures and enables features, tests them, obtains approvals and installs the system, tests thoroughly before implementation with documented tests reused and adjusted as the system changes, applies rigour and management approval proportionate to complexity and criticality with core conversions needing sign-off from business continuity, information security and third-party risk management, communicates the schedule to stakeholders, trains users, times implementation to limit business impact, and performs the further assessment tasks the booklet lists.

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