We are a national bank in the process of establishing a wholly owned subsidiary of our holding company, whose primary business will be providing I/T and potentially other services to third parties. To start with, we are looking to provide I/T processing services for banks along with credit card processing. Who would be the primary regulator overseeing this subsidiary or the processing functions and where can I find guidelines established by that regulator for what is expected?

Holding companies and their non-bank subs are regulated by the Fed. I would start at their website.

Look here for the BHC manual and the FFIEC IT manual --
http://www.federalreserve.gov/boarddocs/supmanual/

Holding companies and their non-bank subs are regulated by the Fed. I would start at their website.

Look here for the BHC manual and the FFIEC IT manual --
http://www.federalreserve.gov/boarddocs/supmanual/