The revised European Banking Authority — or EBA Guidelines on Outsourcing — came into effect on 20 September 2019. Today, EBA Guidelines on Outsourcing apply to a broader audience than the previous rules — including not only banks but also credit institutions, investment firms, electronic money institutions, and payment providers, all of whom must abide by these guidelines. This creates a compliance urgency around outsourcing agreements for all financial institutions.

Ivalua offers a unified Source-to-Pay platform which supports compliance with these guidelines. Watch this on-demand demo to learn how Ivalua’s solution allows you to become EBA compliant by:

• Integrating a control and governance framework
• Allowing you to better manage the whole outsourcing lifecycle
• Increasing your understanding of outsourcing limits and exposure
• Improving third party risk management