EBA Outsourcing Guidelines scenario testing with simulations
The EBA Guidelines on outsourcing arrangements expect documented exit strategies and tested business continuity for critical or important outsourced functions.
iluminr simulations let teams rehearse the decisions EBA Outsourcing Guidelines cares about against severe-but-plausible scenarios, and keep a record of who decided what, and when. Run them as Microsimulations, full-scale simulations, or facilitated by our team of experts.
Simulations mapped to EBA Outsourcing Guidelines
Mapping is indicative. Confirm scope against your own obligations.
Frequently asked questions
What is EBA Outsourcing Guidelines?
The EBA Guidelines on outsourcing arrangements expect documented exit strategies and tested business continuity for critical or important outsourced functions.
How do simulations help with EBA Outsourcing Guidelines?
Simulations let teams rehearse the decisions EBA Outsourcing Guidelines cares about against severe-but-plausible scenarios. iluminr keeps a record of who decided what, and when, which you can use as evidence of testing.
Which iluminr simulations map to EBA Outsourcing Guidelines?
Simulations mapped to EBA Outsourcing Guidelines include Connectivity Down: Severe Weather, Core Platform Outage: Rollback, Exit Plan: Vendor Insolvency, Ripple Effect: Fourth-Party Fallout, Trapped: Vendor Modern Slavery and Vendor Outage: System Down.
Who should take part?
These simulations are most often run with Third-Party Risk, Operations, Risk and Business Continuity.
Can I build a 12-month EBA Outsourcing Guidelines testing program?
Yes. The iluminr program builder suggests a 12-month plan of simulations for EBA Outsourcing Guidelines. You can add or remove scenarios and export the plan as a PDF for your board.
Can we customize these simulations?
Yes. Run any template as is, tailor the roles, plans, critical services and injects to your organization, or build your own from scratch with the iluminr builder.
Is this mapping legal or compliance advice?
No. The mapping between simulations and EBA Outsourcing Guidelines is indicative. Confirm scope against your own obligations.