Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks

By Gene Amromin, Rebecca Chmielewski, Patty Cowperthwait, Cindy Hull, Brett Solimine, Emma Weiss, Kenechukwu E. Anadu, Falk Bräuning, Siobhan Sanders, Amy Chapel, Meeoak Cho, Lorenzo Garza, and Sam Schulhofer-Wohl

Technology-focused Third-Party Service Providers (TPSPs) have become important players in the operations of financial institutions and the financial markets. This paper summarizes the micro- and macro-prudential regulatory frameworks in place to address risks that TPSPs may pose to the financial system.

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