News & Analysis as of

2014 Outsourcing Market Assessment

Catching the Fourth Wave: Cloud Computing Driving Outsourcing Transactions in 2014 - The first half of 2014 has shown a measured uptick in the volume of outsourcing transactions. Industry experts predicted a 12...more

Technology & Sourcing News - October 2013 (Global)

- What's in an indemnity anyway? - Kit Burden provides an informative overview of the use of indemnities in IT and outsourcing contracts, including guidance on what to look out for when drafting or negotiating these...more

Global Sourcing Group -- Spring 2013

Every year, we survey Morrison & Foerster’s Global Sourcing Group lawyers around the world to create a snapshot of the current state of the global outsourcing market and to identify emerging trends that are likely to shape...more

Outsourcing by Canadian Companies: Another Look at the USA PATRIOT Act

Cloud computing and data outsourcing has been embraced by many Canadian companies. In a recent poll, the adoption rate of cloud-based services by Canadian businesses experienced one of the highest year-over-year increases....more

Outsourcing to the Cloud

As many companies turn to cloud computing as a means of increasing accessibility and saving costs, you should consider a variety of risks which require thoughtful planning before moving your data to “the cloud.” Outsourcing...more

FFIEC Releases Statement on Cloud Computing Risks and Considerations

The Federal Financial Institution Examination Council (FFIEC), an interagency body that advises a number of federal agencies on appropriate standards for the regulation of financial institutions, recently released a statement...more

FFIEC Statement on Outsourced Cloud Computing

On July 10, 2012, the Federal Financial Institutions Examination Council (FFIEC) issued a statement (the "FFIEC Statement") cautioning financial institutions to undertake thorough due diligence and risk assessment for...more

FFIEC Issues Statement on “Cloud Computing” Risk Management

The Technology Subcommittee of the Federal Financial Institution Examination Council (“FFIEC”) — the interagency body responsible for prescribing uniform principles and standards for federal financial institution examinations...more

FFIEC Issues Statement on Cloud Computing Vendors

On July 10, the federal banking regulators, through the Federal Financial Institutions Examination Council (FFIEC), published a statement on outsourcing of cloud computing services by financial institutions. The statement...more

Federal Financial Agencies Issue Cautionary Statement on Financial Institution Cloud Computing Services

On July 11, 2012, the federal financial regulatory agencies (“Agencies”), through the Federal Financial Institutions Examination Council (“FFIEC”), issued a joint interagency statement (“Statement”) on the use by financial...more

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