District Circular Letters

• District Circular Letters Index

October 27, 1998

BANKING SUPERVISION AND REGULATION:
INTERAGENCY SERVICE PROVIDER AND SOFTWARE VENDOR LIST
FOR YEAR 2000 REVIEW REPORT DISTRIBUTION

To State Member Banks, Bank
Holding Companies, Edge Act Corporations,
U.S. Branches and Agencies of Foreign Banks,
and Others Concerned
in the Twelfth Federal Reserve District

Interagency Year 2000 Review of Service Providers and Software Vendors

The Federal Reserve and the other member agencies of the Federal Financial Institutions Examination Council (FFIEC) participate in coordinated interagency information technology reviews for approximately 250 selected national and regional service providers and software vendors that are relied upon by depository institutions for mission-critical information services and software applications. Attached is a list of service providers and software vendors (external third party suppliers) that FFIEC has examined for Year 2000 readiness. Depository institutions may use this information in assessing their service providers' and software vendors' Year 2000 progress and in determining whether it is necessary to seek alternative services to meet the century date change. All service providers and software vendors in the review program have received an initial examination. In almost all cases, review reports and ratings have been issued and have been distributed to supervised client institutions by the appropriate banking agency.

You may review the list to determine whether your institution has received Year 2000 review reports for service providers and software vendors for which you were a client at the time of the review. If a pertinent report has not been received, you may contact your supervising Reserve Bank to request further information. If it is determined that your institution was on the customer list provided by the service provider or software vendor at the time of the review, the Reserve Bank should provide you with a copy of the open section of the Year 2000 review report and rating.

Additional Information

For additional information regarding this review of data service providers and software vendors or the Federal Reserve's Year 2000 bank supervision program, please contact Mr. Robert Johnson, Assistant Vice President, Banking Supervision and Regulation, at (213) 683-2738.

If you have questions about the Federal Reserve System's Century Date Change Project, please contact your local Business Development office, as listed below:

FEDERAL RESERVE BANK OF SAN FRANCISCO

Attachment (Note: Not all of the referenced attachments are available online.)