Federal Deposit Insurance Corporation
550 17th Street NW, Washington, DC 20429 Division of Supervision
Uniform Rating System for Information Technology
FIL-76-98
July 8, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: FFIEC Seeks Comment on Proposed Uniform Rating System for Information
Technology
The Federal Financial Institutions Examination Council's (FFIEC) Task Force on Supervision
has proposed the attached revisions to the Uniform Interagency Rating System for Data
Processing Operations, including changing the name to Uniform Rating System for Information
Technology (URSIT). The FFIEC is seeking comments on the proposal, which are due by
August 10, 1998.
The FFIEC has proposed changing the name of the rating system to reflect changes in the data
processing services industry, and in supervisory policies and procedures since the rating
system was first adopted in 1978. The proposal also revises the numerical ratings to:
Conform to the language and tone of the rating definitions of the Uniform Financial Institution
Rating System (UFIRS), commonly referred to as the CAMELS rating system (see FIL-105-96);
Reformat and clarify the component rating descriptions;
Emphasize the quality of risk management processes in each of the rating components;
Add two new component categories, Development and Acquisition, and Support and Delivery, as
replacements for Systems Development and Programming, and Operations; and
Explicitly identify the risk types that are considered in assigning component ratings.
Comments on the proposed revisions should be mailed to Keith J. Todd, Acting Executive
Secretary, FFIEC, 2100 Pennsylvania Avenue, NW, Suite 200, Washington, DC 20037, or faxed
to (202) 634-6556.
For further information, please contact Stephen A. White, Review Examiner (Information
Systems) in the Division of Supervision, at (202) 898-6923.
Nicholas J. Ketcha Jr.
Director
Attachment: June 9 Federal Register, pages 31468-31475.
Distribution: FDIC-Supervised Banks (Commercial and Savings)
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
550 17th Street NW, Washington, DC 20429 Division of Supervision
Uniform Rating System for Information Technology
FIL-76-98
July 8, 1998
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: FFIEC Seeks Comment on Proposed Uniform Rating System for Information
Technology
The Federal Financial Institutions Examination Council's (FFIEC) Task Force on Supervision
has proposed the attached revisions to the Uniform Interagency Rating System for Data
Processing Operations, including changing the name to Uniform Rating System for Information
Technology (URSIT). The FFIEC is seeking comments on the proposal, which are due by
August 10, 1998.
The FFIEC has proposed changing the name of the rating system to reflect changes in the data
processing services industry, and in supervisory policies and procedures since the rating
system was first adopted in 1978. The proposal also revises the numerical ratings to:
Conform to the language and tone of the rating definitions of the Uniform Financial Institution
Rating System (UFIRS), commonly referred to as the CAMELS rating system (see FIL-105-96);
Reformat and clarify the component rating descriptions;
Emphasize the quality of risk management processes in each of the rating components;
Add two new component categories, Development and Acquisition, and Support and Delivery, as
replacements for Systems Development and Programming, and Operations; and
Explicitly identify the risk types that are considered in assigning component ratings.
Comments on the proposed revisions should be mailed to Keith J. Todd, Acting Executive
Secretary, FFIEC, 2100 Pennsylvania Avenue, NW, Suite 200, Washington, DC 20037, or faxed
to (202) 634-6556.
For further information, please contact Stephen A. White, Review Examiner (Information
Systems) in the Division of Supervision, at (202) 898-6923.
Nicholas J. Ketcha Jr.
Director
Attachment: June 9 Federal Register, pages 31468-31475.
Distribution: FDIC-Supervised Banks (Commercial and Savings)
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