FFIEC IT Examination Handbook
Supervision of Technology Service Providers booklet (October 2012) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook TSP-01: Risks Associated With TSPs (Supervision of Technology Service Providers)

Operational risk is the primary risk of TSP processing and can drive reputation, strategic, compliance, credit, interest rate, liquidity and price risk for the serviced institutions; the quantity of operational risk at a TSP is the level of risk present and the quality of its management is how well risks are identified, measured, controlled and monitored, which is what the agencies rate.

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