The European Banking Authority (EBA) was formed to establish consistent, efficient and effective supervisory practices across the European Union, and to ensure uniform application of EU law throughout its member states. In 2019, the EBA issued guidelines on outsourcing which set out recommended terms that should exist between a financial institution and its outsourcer—including requirements regarding security, access, and contract termination.
Reports and Other Documentation
Learn how IBM helps financial institutions achieve European Banking Authority compliance
IBM is helping financial-institution clients around the world apply technology to core business processes and workflows, infusing those businesses with automation, intelligence and continuous learning—to transform everything from supply chains and human resources to finance and operations. It’s clear that continual transformation is the new normal for financial institutions. As their strategic technology partner, IBM is committed to helping financial institutions execute on that transformation in tandem with regulations in place.