Due diligence for service provider selection
nounid
2370·updated Aug 30, 2026verified· unreviewed
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
Attested in
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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.
- §1 · legacy_primary
- 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.DR-088 backfill from the noun definition column
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
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No other term currently asserts a relationship to this one.