Welcome » IT Booklets » Outsourcing Technology Services » Related Topics » Outsourcing to Foreign Service Providers
Some institutions develop outsourcing relationships with service
providers located in foreign countries. These arrangements can
provide cost, expertise, and other advantages to the institutions
and should be subject to the same due diligence and assessment as
domestic outsourcing relationships. In addition, foreign
outsourcing relationships result in unique strategic, reputation,
credit, liquidity, transactional, geographic, and compliance risks
that institutions should identify, assess, prevent, and control.
See Appendix C for additional detail.