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Due diligence for service provider selection

nounid 2370·updated May 12, 2026
candidate

Technical, functional, and financial review to verify a third-party service provider's ability to deliver the requirements specified in its proposal. The intent is to verify that the service provider has a well-developed plan and adequate resources and experience to ensure acceptable service, controls, systems backup, availability, and continuity of service to its clients.

MWE

Classifications

Entity Type

Process0%rule-basedmulti_axis_classifier_low_confidence.v1

Sensitivity

Internal72%llm-generatedllm:claude-haiku-4-5

Information Class

85%llm-generatedllm:claude-haiku-4-5

Variants

plural
Due diligence for service provider selections
possessive
Due diligence for service provider selection's
pluralpossessive
Due diligence for service provider selections'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
Technical, functional, and financial review to verify a third-party service provider's ability to deliver the requirements specified in its proposal. The intent is to verify that the service provider has a well-developed plan and adequate resources and experience to ensure acceptable service, controls, systems backup, availability, and continuity of service to its clients.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.