Federal Deposit Insurance Corporation
550 17th Street NW, Washington, DC 20429 Division of Supervision
Year 2000 Readiness Assessments
FIL-109-98
October 8, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: List of Service Providers and Software Vendors Examined for Year 2000
Readiness
The FDIC, along with the other member banking agencies of the Federal Financial Institutions
Examination Council (FFIEC), is issuing the attached list of service providers and software
vendors that have been examined for Year 2000 readiness.
The FDIC is providing this list as a resource for financial institutions. The list informs financial
institutions of the Year 2000 reviews of service providers and software vendors performed by
the FFIEC agencies. Procedures have been established to distribute Year 2000 reviews to
FDIC-insured client financial institutions. For further information on the distribution status of a
particular report, please contact your FDIC Division of Supervision regional office.
The attached list does not constitute legal advice or an endorsement favoring, recommending or
certifying the Year 2000 readiness of any entity or its products or services. The interagency
statement on "Guidance Concerning Institution Due Diligence in Connection with Service
Provider and Software Vendor Year 2000 Readiness" (see FIL-29-98: Inactive Financial
Institution Letters: dated March 18, 1998) clarifies the importance of developing and executing a
due-diligence process for each mission-critical service and product supplied by service
providers or software vendors. This process should enable an institution's management to:
* identify the obligations of the institution and its service providers and software vendors,
* establish an effective monitoring program of the renovation phase,
* establish a process for testing the renovated products and services, and
* adopt contingency plans in the event of information systems disruptions.
For further information about Year 2000 issues and interagency Y2K statements, please visit
the FDIC's Web site at www.fdic.gov or the FFIEC's Web site at www.ffiec.gov.
Nicholas J. Ketcha Jr.
Director
Attachments:
Legal Notice
List of Service Providers and Software Vendors Examined for Year 2000 Readiness as of
September 30, 1998
Distribution: FDIC-Supervised Banks (Commercial and Savings)Inactive
550 17th Street NW, Washington, DC 20429 Division of Supervision
Year 2000 Readiness Assessments
FIL-109-98
October 8, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: List of Service Providers and Software Vendors Examined for Year 2000
Readiness
The FDIC, along with the other member banking agencies of the Federal Financial Institutions
Examination Council (FFIEC), is issuing the attached list of service providers and software
vendors that have been examined for Year 2000 readiness.
The FDIC is providing this list as a resource for financial institutions. The list informs financial
institutions of the Year 2000 reviews of service providers and software vendors performed by
the FFIEC agencies. Procedures have been established to distribute Year 2000 reviews to
FDIC-insured client financial institutions. For further information on the distribution status of a
particular report, please contact your FDIC Division of Supervision regional office.
The attached list does not constitute legal advice or an endorsement favoring, recommending or
certifying the Year 2000 readiness of any entity or its products or services. The interagency
statement on "Guidance Concerning Institution Due Diligence in Connection with Service
Provider and Software Vendor Year 2000 Readiness" (see FIL-29-98: Inactive Financial
Institution Letters: dated March 18, 1998) clarifies the importance of developing and executing a
due-diligence process for each mission-critical service and product supplied by service
providers or software vendors. This process should enable an institution's management to:
* identify the obligations of the institution and its service providers and software vendors,
* establish an effective monitoring program of the renovation phase,
* establish a process for testing the renovated products and services, and
* adopt contingency plans in the event of information systems disruptions.
For further information about Year 2000 issues and interagency Y2K statements, please visit
the FDIC's Web site at www.fdic.gov or the FFIEC's Web site at www.ffiec.gov.
Nicholas J. Ketcha Jr.
Director
Attachments:
Legal Notice
List of Service Providers and Software Vendors Examined for Year 2000 Readiness as of
September 30, 1998
Distribution: FDIC-Supervised Banks (Commercial and Savings)Inactive
NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-
6003 or (703) 562-2200).Inactive
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-
6003 or (703) 562-2200).Inactive