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Supporting compliance for PRA SS2/21 regulation

What's inside?

  • An overview of the the Bank of England's Prudential Regulatory Authority SS2/21 outsourcing & third-party risk management requirements.
  • Guidance for vendor assessments and improving the resilience of third-party contracts.
  • Guidance for documenting and testing business continuity and stressed exit plans for critical or important business services.

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Guidance for Cloud & on-premise software outsourcing

Cloud applications & PRA compliance

On-premise software & PRA compliance

Ensure resilience in the event of a serious cloud outage with a SaaS Escrow arrangement.

Document and test business continuity and stressed exits plans with Software Escrow.

Learn how Software Escrow supports compliance

"Firms should actively consider measures that can help ensure the ongoing provision of important business services following a disruption and/or a stressed exit (eg escrow arrangements), allowing for continued use of a service or technology for a transitional period following termination" 

– PRA SS2/21 Outsourcing and third party risk management

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