third party management

nouncandidate·updated May 9, 2026

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An arrangement where a company will assume the day-to-day management of a property or package of properties it does not own for another company or institution in return for a fee.

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FFIEC Cybersecurity Assessment Tool, Baseline, May 20171 senseview framework →

§1: An arrangement where a company will assume the day-to-day management of a property or package of properties it does not own for another company or institution in return for a fee.