Automate regulatory compliance with Brooklyn Solutions
Financial Services firms struggle to achieve, maintain, and demonstrate regulatory compliance against their outsourcing agreements. Brooklyn drives the regulatory compliance needed to run operational best practices and key governance processes, keeping your outsourced compliance and management teams at all times fit for audit. Achieve and sustain compliance against the EBA Outsourcing guidelines quickly, at a reduced cost. Reduce vendor risk, and mitigate penalties and reputational damage, with our EBA Outsourcing Module.
Stay compliant with the European Banking Authority’s outsourcing expectations.
Brooklyn Solutions helps financial institutions automate vendor governance, manage critical suppliers, and evidence compliance for audit under the EBA Guidelines on Outsourcing Arrangements (EBA/GL/2019/02) — and its 2025 revision on third-party risk management.
What the EBA Outsourcing Guidelines Require
The EBA Guidelines (effective since 30 September 2019, with a revision in progress for 2025) define how EU-regulated firms must manage outsourced functions, including ICT, data, and operational processes.
Under these rules, banks, payment institutions, and e-money issuers must:
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Identify critical and important functions.
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Maintain a comprehensive outsourcing register.
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Perform due diligence and risk assessments before onboarding a third party.
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Ensure contractual clarity around audit rights, termination, data access, and sub-outsourcing.
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Conduct ongoing monitoring and performance reviews.
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Prepare exit and continuity plans for key service providers.
Operationalising Compliance — the Brooklyn Way
Our EBA Outsourcing Module digitises every stage of the compliance lifecycle, from policy mapping to real-time monitoring.
Governance and Control Framework
We deliver pre-built control libraries aligned to the EBA Guidelines — covering classification, due diligence, oversight, and exit planning.
All workflows can be tailored to your risk taxonomy, with audit trails automatically generated.
Centralised Vendor Oversight
Maintain a unified view of:
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Supplier risk ratings, KPIs and SLA performance
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Audit findings and remediation actions
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Regulatory and contractual obligations
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Review cycles, renewals, and exit triggers
Built-in alerts and dashboards ensure you never miss an attestation, expiry, or review.
Continuous Monitoring & Reporting
Monitor your outsourcing risk posture in real-time.
Brooklyn integrates governance, risk, and compliance data to create a single “source of regulatory truth.”
Download evidence for supervisors instantly — no spreadsheets, no manual audit packs.
From Outsourcing to Third-Party Risk Management
The EBA’s 2025 revision expands the framework into a broader “Guidelines on the Sound Management of Third-Party Risk.”
It integrates new expectations on:
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Cloud and ICT dependencies
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Concentration and resilience testing
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Cross-border and intra-group outsourcing
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Links to DORA (Digital Operational Resilience Act) and AML/CFT reliance models
Brooklyn’s solution is future-proofed for this transition — ensuring alignment with both EBA and DORA standards.
EBA Outsourcing Checklist for Compliance Leads
| Core Requirement | What You Must Evidence | Brooklyn’s Built-In Capability |
|---|---|---|
| Function Classification | Documented criteria for “critical” vs “non-critical” | Digital tagging & risk scoring |
| Pre-Outsourcing Due Diligence | AML/CFT, financial stability, ICT & data risk assessments | Customisable DD templates |
| Contract Governance | Standard clauses, termination rights, data-protection terms | Clause library & version control |
| Oversight & Monitoring | KPI tracking, issue logs, escalation paths | Real-time dashboards |
| Exit Strategy & BCP | Transition & contingency testing evidence | Exit-planning workflows |
Why Choose Brooklyn Solutions?
- Purpose-built for financial services and regulated outsourcing
- Pre-configured for EBA, DORA, and FCA SYSC 8 compliance
- Delivers fit-for-audit evidence — instantly exportable
- Reduces manual workload and compliance costs
- Implements in weeks, not months
