---
title: FDIC Issues Advisory on Technology Service Provider Contracts
description: On April 2, the FDIC issued an advisory letter to banks regarding Technology Service Provider Contracts.
image: https://blog.systemsengineering.com/hubfs/blog-files/Value%20Proposition%20on%20Black-Golden%20Watch%20Face%20with%20Closeup%20View%20of%20Watch%20Mechanism..jpeg
---

[![header-logo](https://blog.systemsengineering.com/hs-fs/hubfs/header-logo.png?width=138&name=header-logo.png)](https://www.systemsengineering.com)

888.624.6737

<https://www.linkedin.com/company/systemsengineering-><https://www.facebook.com/systemsengineeringinc>

![Spyglass](https://www.systemsengineering.com/wp-content/uploads/search-google-e1751908066340.png)

- [Careers](https://www.systemsengineering.com/about/careers/)
- [Blog](https://blog.systemsengineering.com/blog)
- [Events](https://www.systemsengineering.com/news-resources/events/)
- [Case Studies](https://www.systemsengineering.com/case-studies/)
- [Client Center](https://www.systemsengineering.com/client-center/)
- [CONTACT](https://www.systemsengineering.com/about/contact/)

- IT Services 
    - [Managed IT](https://www.systemsengineering.com/managed-it/) 
          - [IT Essentials](https://www.systemsengineering.com/managed-it/it-essentials/)
          - [Microsoft Services](https://www.systemsengineering.com/managed-it/microsoft-services/)
          - [Modern Workplace](https://www.systemsengineering.com/managed-it/modern-desktop/)
          - [Help Desk](https://www.systemsengineering.com/managed-it/help-desk/)
          - [Network Assessment](https://www.systemsengineering.com/managed-it/network-assessment/)
    - [IT Consulting Services](https://www.systemsengineering.com/it-consulting-services/) 
          - [Compliance](https://www.systemsengineering.com/compliance)
          - [IT Policies-as-a-Service](https://www.systemsengineering.com/it-consulting-services/it-policies-as-a-service/)
          - [Virtual CIO](https://www.systemsengineering.com/it-consulting-services/virtual-cio/)
          - [Engineering Services](https://www.systemsengineering.com/it-consulting-services/engineering-services/)
          - [Project Management](https://www.systemsengineering.com/it-consulting-services/project-management/)
          - [Business Continuity](https://www.systemsengineering.com/it-consulting-services/business-continuity/)
          - [Assessments & Gap Analyses](https://www.systemsengineering.com/it-consulting-services/get-it-assessed/)
    - [Software Services](https://www.systemsengineering.com/software-services/) 
          - [Application Development](https://www.systemsengineering.com/software-services/application-development/)
          - [SharePoint](https://www.systemsengineering.com/software-services/sharepoint/)
          - [Database Services](https://www.systemsengineering.com/software-services/database-services/)
- [IT Security](https://www.systemsengineering.com/security/) 
    - [Adaptive Cybersecurity Framework (aCSF)](https://www.systemsengineering.com/se-adaptive-cybersecurity-framework-acsf/)
    - [Cloud Security](https://www.systemsengineering.com/security/cloud-security/) 
          - [Cloud Security Resources](https://www.systemsengineering.com/security/cloud-security/cloud-security-resources/)
    - [Security Awareness Training](https://www.systemsengineering.com/security/security-awareness-training/)
    - [Cybersecurity Risk Assessment](https://www.systemsengineering.com/security/cybersecurity-risk-assessment/)
- [Compliance](https://www.systemsengineering.com/compliance/) 
    - [Cybersecurity Maturity Model Certification (CMMC)](https://www.systemsengineering.com/compliance/cmmc-compliance/) 
          - [CMMC Compliance Service](https://www.systemsengineering.com/compliance/cmmc-compliance/cmmc-compliance-service/)
          - [CMMC Resources](https://www.systemsengineering.com/compliance/cmmc-compliance/cmmc-resources/)
    - [National Credit Union Administration (NCUA)](https://www.systemsengineering.com/compliance/ncua/)
- [Cloud Services](https://www.systemsengineering.com/cloud-services/) 
    - [Cloud Management](https://www.systemsengineering.com/cloud-services/cloud-management/)
    - [Cloud Security](https://www.systemsengineering.com/security/cloud-security/)
    - [Office 365 Migration & Support](https://www.systemsengineering.com/cloud-services/office-365-migration-support/) 
          - [Office 365 Backup](https://www.systemsengineering.com/cloud-services/office-365-migration-support/office-365-backup/)
    - [Cloud Assessment](https://www.systemsengineering.com/cloud-services/cloud-assessment/)
- [Industries](https://www.systemsengineering.com/industries/) 
    - [Construction](https://www.systemsengineering.com/industries/construction/)
    - [Education](https://www.systemsengineering.com/industries/education/)
    - [Financial Services](https://www.systemsengineering.com/industries/financial-services/) 
          - [Accountants & Wealth Managers](https://www.systemsengineering.com/industries/financial-services/accountants-wealth-managers/)
          - [Banks](https://www.systemsengineering.com/industries/financial-services/banks/)
          - [Credit Unions](https://www.systemsengineering.com/industries/financial-services/credit-unions/)
    - [Government](https://www.systemsengineering.com/industries/government/)
    - [Healthcare](https://www.systemsengineering.com/industries/healthcare/)
    - [Law Firms](https://www.systemsengineering.com/industries/legal/)
    - [Manufacturers](https://www.systemsengineering.com/industries/manufacturer/)
    - [Nonprofit](https://www.systemsengineering.com/industries/nonprofits/)
- [About](https://www.systemsengineering.com/about/) 
    - [Leadership](https://www.systemsengineering.com/about/leadership/)
    - [Our Difference](https://www.systemsengineering.com/about/our-difference/)
    - [Our Partners](https://www.systemsengineering.com/about/our-partners/)
    - [Culture](https://www.systemsengineering.com/culture/)
    - [Contact](https://www.systemsengineering.com/about/contact/)

- Managed IT 
    - [Overview](https://www.systemsengineering.com/managed-it/)
    - [IT Essentials](https://www.systemsengineering.com/managed-it/it-essentials/)
    - [Microsoft Services](https://www.systemsengineering.com/managed-it/microsoft-services/)
    - [Modern Workplace](https://www.systemsengineering.com/managed-it/modern-workplace/)
    - [Help Desk](https://www.systemsengineering.com/managed-it/help-desk/)
    - [Network Assesment](https://www.systemsengineering.com/managed-it/network-assessment/)
- IT Consulting Services 
    - [Overview](https://www.systemsengineering.com/it-consulting-services/)
    - [Virtual CIO](https://www.systemsengineering.com/it-consulting-services/virtual-cio/)
    - [CMMC Compliance](https://www.systemsengineering.com/compliance/cmmc-compliance/)
    - [IT Policies-as-a-Service](https://www.systemsengineering.com/it-consulting-services/it-policies-as-a-service/)
    - [Engineering Services](https://www.systemsengineering.com/it-consulting-services/engineering-services/)
    - [Project Management](https://www.systemsengineering.com/it-consulting-services/project-management/)
    - [Business Continuity](https://www.systemsengineering.com/it-consulting-services/business-continuity/)
    - [Assessments & Gap Analyses](https://www.systemsengineering.com/it-consulting-services/get-it-assessed/)
- Software Services 
    - [Overview](https://www.systemsengineering.com/software-services/)
    - [Application Development](https://www.systemsengineering.com/software-services/application-development/)
    - [SharePoint](https://www.systemsengineering.com/software-services/sharepoint/)
    - [Database Services](https://www.systemsengineering.com/software-services/database-services/)
- IT Security 
    - [Overview](https://www.systemsengineering.com/security/)
    - [Adaptive Cybersecurity Framework (aCSF)](https://www.systemsengineering.com/se-adaptive-cybersecurity-framework-acsf/)
    - Cloud Security 
          - [Service Overview](https://www.systemsengineering.com/security/cloud-security/)
          - [Cloud Security Resources](https://www.systemsengineering.com/security/cloud-security/cloud-security-resources/)
    - [Security Awareness Training](https://www.systemsengineering.com/security/security-awareness-training/)
    - [Cybersecurity Risk Assesment](https://www.systemsengineering.com/security/cybersecurity-risk-assessment/)
- Compliance 
    - [Overview](https://www.systemsengineering.com/compliance/)
    - [Cybersecurity Maturity Model Certification (CMMC)](https://www.systemsengineering.com/compliance/cmmc-compliance/) 
          - [CMMC Compliance Service](https://www.systemsengineering.com/compliance/cmmc-compliance/cmmc-compliance-service/)
          - [CMMC Gap Analysis](https://www.systemsengineering.com/compliance/cmmc-compliance/cmmc-gap-analysis/)
          - [CMMC Resources Hub](https://www.systemsengineering.com/compliance/cmmc-compliance/cmmc-resources/)
    - [National Credit Union Administration (NCUA)](https://www.systemsengineering.com/compliance/ncua/)
- Cloud Services 
    - [Overview](https://www.systemsengineering.com/cloud-services/)
    - [Cloud Management](https://www.systemsengineering.com/cloud-services/cloud-management/)
    - [Cloud Security](https://www.systemsengineering.com/cloud-services/cloud-migration/)
    - Office 365 
          - [Office 365 Migration & Support](https://www.systemsengineering.com/cloud-services/office-365-migration-support/)
          - [Office 365 Backup](https://www.systemsengineering.com/cloud-services/office-365-migration-support/office-365-backup/)
    - [Cloud Assessment](https://www.systemsengineering.com/cloud-services/cloud-assessment/)
- Industries 
    - [Overview](https://www.systemsengineering.com/industries/)
    - [Construction](https://www.systemsengineering.com/industries/construction/)
    - [Education](https://www.systemsengineering.com/industries/education/)
    - [Financial Services](https://www.systemsengineering.com/industries/financial-services/) 
          - [Banks](https://www.systemsengineering.com/industries/financial-services/banks/)
          - [Credit Unions](https://www.systemsengineering.com/industries/financial-services/credit-unions/)
          - [Accountants & Wealth Managers](https://www.systemsengineering.com/industries/financial-services/accountants-wealth-managers/)
    - [Government](https://www.systemsengineering.com/industries/government/)
    - [Healthcare](https://www.systemsengineering.com/industries/healthcare/)
    - [Legal](https://www.systemsengineering.com/industries/legal/)
    - [Manufacturers](https://www.systemsengineering.com/industries/manufacturers/)
    - [Nonprofits](https://www.systemsengineering.com/industries/nonprofits/)
- About 
    - [Overview](https://www.systemsengineering.com/about/)
    - [Leadership](https://www.systemsengineering.com/about/leadership/)
    - [Our Difference](https://www.systemsengineering.com/about/our-difference/)
    - [Employee-Owned](https://www.systemsengineering.com/about/esop/)
    - [Our Partners](https://www.systemsengineering.com/about/our-partners/)
    - Careers & Internships 
          - [Openings](https://www.systemsengineering.com/about/careers/)
          - [Benefits](https://www.systemsengineering.com/about/careers/benefits/)
          - [Internships](https://www.systemsengineering.com/about/careers/internships/)
    - [Culture](https://www.systemsengineering.com/culture/)
- [Case Studies](https://www.systemsengineering.com/case-studies/)
- [Blog](https://blog.systemsengineering.com/blog)
- [Events](https://www.systemsengineering.com/events/)
- [Client Center](https://www.systemsengineering.com/client-center/)
- [Contact](https://www.systemsengineering.com/about/contact/)

888.624.6737

[Email Us](mailto:info@systemsengineering.com)

![syse-blog-header](https://blog.systemsengineering.com/hs-fs/hubfs/Logos/syse-blog-header.jpg?width=1440&name=syse-blog-header.jpg "syse-blog-header")

# FDIC Issues Advisory on Technology Service Provider Contracts

[![Share on facebook](https://blog.systemsengineering.com/hs-fs/hubfs/facebook-color.png?width=60&name=facebook-color.png)](http://www.facebook.com/share.php?u=https://blog.systemsengineering.com/blog/fdic-advisory&utm_medium=social&utm_source=facebook) [![Share on linkedin](https://blog.systemsengineering.com/hs-fs/hubfs/linkedin-color.png?width=60&name=linkedin-color.png)](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.systemsengineering.com/blog/fdic-advisory&utm_medium=social&utm_source=linkedin) [![Share on email](https://blog.systemsengineering.com/hs-fs/hubfs/email-color.png?width=60&name=email-color.png)](mailto:?subject=Check%20out%20https://blog.systemsengineering.com/blog/fdic-advisory&utm_medium=social&utm_source=email%20&body=Check%20out%20https://blog.systemsengineering.com/blog/fdic-advisory&utm_medium=social&utm_source=email) 

 April 18, 2019 | Posted in:

[IT Solutions & Support](https://blog.systemsengineering.com/blog/topic/it-solutions-support)

Posted by [Mark Benton](https://blog.systemsengineering.com/blog/author/mark-benton)

![Value Proposition on Black-Golden Watch Face with Closeup View of Watch Mechanism.](https://blog.systemsengineering.com/hs-fs/hubfs/blog-files/Value%20Proposition%20on%20Black-Golden%20Watch%20Face%20with%20Closeup%20View%20of%20Watch%20Mechanism..jpeg?width=1000&name=Value%20Proposition%20on%20Black-Golden%20Watch%20Face%20with%20Closeup%20View%20of%20Watch%20Mechanism..jpeg)

On **Tuesday, April 2**, the FDIC issued an advisory letter to banks on [Technology Service Provider Contracts](https://www.fdic.gov/news/news/financial/2019/fil19019.pdf). The letter speaks to gaps that examiners are seeing in contracts between banks and their technology service providers.

We, at Systems Engineering, are happy to see this level of vendor management being promoted by the FDIC. Over the many years we have been servicing our banking and other financial services clients, we have developed a keen understanding of the obligations we have to these institutions and they, in turn, have to their clients and consumers. To that end, we are always working to set a higher standard for ourselves and to clearly differentiate ourselves when [organizations are looking to outsource IT services](https://blog.systemsengineering.com/blog/six-questions-it-provider).  

Systems Engineering already covers the gaps, and more, identified in the FDIC advisory, with the following:

- **Contracts covering Systems Engineering's responsibility in the handling of customer information; this defines the service(s) to be delivered along with the customer's and our own responsibilities.**
- **A Disaster Recovery Plan**
- **An Incident Response Policy**
- **Information Security and Acceptable Use policies**
- [**Annual security awareness training for all employees**](https://www.systemsengineering.com/security/security-awareness-training/)
- [**Annual SOC 2 Type 2 audit to attest to our compliance with our policies**](https://www.systemsengineering.com/about/)
- **A significant Cyber Liability insurance coverage**

At Systems Engineering, we have always known the importance of being able to supply our clients and prospective clients with a solid vendor management package. To read more about this effort in a recent blog article, [click here](https://blog.systemsengineering.com/blog/good-security-practices).

### Join the Conversation!

### Posts by Category

- [IT Solutions & Support (70)](https://blog.systemsengineering.com/blog/topic/it-solutions-support)
- [Announcements (64)](https://blog.systemsengineering.com/blog/topic/announcements)
- [Security Bulletins & Alerts (59)](https://blog.systemsengineering.com/blog/topic/security-bulletins-alerts)
- [Cybersecurity (55)](https://blog.systemsengineering.com/blog/topic/cybersecurity)
- [Business Transformation (30)](https://blog.systemsengineering.com/blog/topic/business-transformation)
- [Cloud Security (27)](https://blog.systemsengineering.com/blog/topic/cloud-security)
- [Workforce Enablement (21)](https://blog.systemsengineering.com/blog/topic/workforce-enablement)
- [Compliance (17)](https://blog.systemsengineering.com/blog/topic/compliance)
- [Network Security (13)](https://blog.systemsengineering.com/blog/topic/network-security)
- [Artificial Intelligence (10)](https://blog.systemsengineering.com/blog/topic/artificial-intelligence)

### Follow Us On Social

<https://www.linkedin.com/company/systemsengineering-> <https://twitter.com/sysengineering> <https://www.facebook.com/systemsengineeringinc>

### Contact Us

[888.624.6737](tel:888.624.6737)  
[info@systemsengineering.com](mailto:info@systemsengineering.com)

### Connect With Us

<https://www.linkedin.com/company/systemsengineering-> <https://www.facebook.com/systemsengineeringinc>

### Receive Our Blog

- [IT Services](https://www.systemsengineering.com/)
- [IT Security](https://www.systemsengineering.com/security/)
- [Compliance](https://www.systemsengineering.com/compliance/)
- [Cloud Services](https://www.systemsengineering.com/cloud-services/)
- [Industries](https://www.systemsengineering.com/industries/)
- [About](https://www.systemsengineering.com/about/)

- [Careers](https://www.systemsengineering.com/about/careers/)
- [White Papers](https://www.systemsengineering.com/white-papers/)
- [Case Studies](https://www.systemsengineering.com/case-studies/)
- [Blog](https://blog.systemsengineering.com/blog)
- [Events](https://www.systemsengineering.com/news-resources/events/)
- [Client Center](https://www.systemsengineering.com/client-center/)

![Ft-logo](https://blog.systemsengineering.com/hs-fs/hubfs/Ft-logo.png?width=105&name=Ft-logo.png)

 

 

888.624.6737 | [info@systemsengineering.com](mailto:info@systemsengineering.com)

Copyright 2025 Systems Engineering. All Rights Reserved. [Privacy Policy](https://www.systemsengineering.com/privacy-policy) [Support](https://www.systemsengineering.com/support/) [Trust Center](https://systems.app.ctrlmap.com/tp/trust/portal/links?puid=8010ba57-5a2e-40b4-9c56-2c18873c9e5f&trustPortalId=MQ==&code=4642)