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EBA Outsourcing Tool

Understand the EBA Outsourcing guidelines and how they apply to you

In September 2019, the European Banking Authority’s (EBA) guidelines on outsourcing agreements came into effect. Within the new rules are a set of requirements for outsourcing agreements: outlining what obligations and requirements must be met by financial institutions and outsourced service providers.

Produced by our industry-leading Financial Services lawyers, the Hogan Lovells EBA outsourcing tool will help you make sense of the guidelines and how they apply to you.

 

Navigate the guidelines by topic, segment and requirement type
Understand which guidelines apply to your business by taking our questionnaire
Differentiate between critical and non-critical contracts
Identify the clauses in your outsourcing contracts that need updating

Our EBA Outsourcing Solution

To help businesses address the complex challenges posed by the new guidelines, we have developed a custom AI-driven extraction and workflow-based EBA Outsourcing Solution.

Powered by Kira, our machine learning software has been trained to process outsourcing agreements and identify any terms that need to be updated in order to be compliant with the new guidelines: increasing efficiency and reducing costs in a project-managed environment. By supplementing our machine learning software with human review quality control, we maintain high levels of accuracy to ensure only relevant legal issues are sent to our teams for varying or re-drafting.

Flexible and scalable resources through our Legal Delivery Centre and FTI Consulting

Advanced technology utilising AI and machine learning

Robust processes and quality control methodologies

Core team

John Salmon

Partner, London

T +44 20 7296 5017

john.salmon@hoganlovells.com

Michael Thomas

Partner, London

T +44 20 7296 5081

michael.thomas@hoganlovells.com

Dominic Hill

Consultant, London

T +44 20 7296 2297

dominic.hill@hoganlovells.com