Common use of Monitoring Subcontractors Clause in Contracts

Monitoring Subcontractors. For subcontractors who collect, transmit, share, store, control, process, manage or access Fund Confidential Information, DST is responsible for assessing and monitoring subcontractor control environments to meet reasonable security standards commensurate with the level of access an dservice provided by such subcontractor. DST must review and monitor the security practices and processes of its subcontractors on a regular basis, including, but not limited to, performing periodic audits on the security adequacy and compliance of the subcontractor. Where applicable and consistent with the services provided, any Statement on Standards for Attestation Engagements 18 (SSAE18) reports or similar report will be reviewed by DST at least annually. DST, upon prior written request, will provide evidence of DST’s oversight of any DST personnel. This may include, but is not limited to, documents related to DST’s vendor management program.

Monitoring Subcontractors. For subcontractors who collect, transmit, share, store, control, process, manage or access Fund Confidential Information, DST is responsible for assessing and monitoring subcontractor control environments to meet reasonable security standards commensurate with the level of access an dservice and service provided by such subcontractor. DST must review and monitor the security practices and processes of its subcontractors on a regular basis, including, but not limited to, performing periodic audits on the security adequacy and compliance of the subcontractor. Where applicable and consistent with the services provided, any Statement on Standards for Attestation Engagements 18 (SSAE18) reports or similar report will be reviewed by DST at least annually. DST, upon prior written request, will provide evidence of DST’s oversight of any DST personnel. This may include, but is not limited to, documents related to DST’s vendor management program.