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

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The paper examines risk and provides guidelines for financialinstitutions who find their primary vendors increasinglydistributing services to subcontractors.

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

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

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BITS is the technology division of the Financial ServicesRoundtable, which represents 100 of the largest integratedfinancial services companies providing banking, insurance, andinvestment products and services to the American consumer.

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