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Subprocessors

Exhibit C to the Data Processing Agreement. Two parties apply to every engagement; the rest depend on what your engagement actually does.

1. How this register works

Custody and trust administration engage different third parties depending on the account types held, the assets custodied and the reporting produced. A single fixed list published for everyone would be wrong for almost everyone — either overstating who touches your data or omitting a party a specific integration introduces.

So the register is two-tier. Constants apply to every engagement. Engagement-specific entries are issued as a completed exhibit and are the authoritative list for you.

What this page is not

  • It is a register, not a claim of completeness for your engagement. For a definitive list to put in front of your own vendor-risk committee, request the completed exhibit — clause 5.

2. Constants — every engagement

SubprocessorPurposeApplies to
Microsoft AzureHosting, compute, storage and networking for all environmentsAll engagements
TwilioSMS and telephony, including operational and security notificationsAll engagements

3. Engagement-specific

Engaged only where the engagement uses them. The named party, its role and its region are recorded in your completed exhibit.

CategoryEngaged when
Document execution and electronic signature — for example DocuSignAccount documents or agreements are executed electronically
Identity and entity verification, sanctions and watchlist screeningThe engagement performs KYC, KYB or ongoing screening
Payment, transfer and settlement railsThe engagement moves funds — contributions, distributions, transfers or subscriptions
Alternative-asset valuation and pricing sourcesPositions are valued or priced for statements
Tax reporting and information return productionThe engagement produces information returns such as 1099 or 5498 series forms
Statement and notice production, print and mailStatements or notices are delivered outside the portal
Customer support, ticketing and communication toolingOur supported support channels are used
Observability, logging and error reportingStandard for production environments; region-configurable

4. Region

Each entry in your completed exhibit records the subprocessor, its role and its region, so residency can be assessed across the whole chain rather than only at the hosting layer. Hosting region is set at provisioning — changing it after data exists is a migration, and for a regulated institution it involves telling your regulator.

5. Requesting your engagement register

Email legal@investorservices.com with your institution and engagement. Exhibit C is issued alongside Exhibit A (nature of processing) and Exhibit B (technical and organisational measures). Those three together are what a vendor-risk file normally needs; requesting them separately is how a review takes three weeks instead of three days.

6. Notice and objection

Under clause 5 of the DPA we give notice of an intended new or replacement subprocessor, with a reasonable period to object on reasonable data-protection grounds. Send the address that should receive those notices, so a change reaches your vendor-risk owner rather than waiting to be noticed on a web page.

Institutional Trust Company is a proposed trust entity seeking a South Dakota non-depository trust charter. It is not yet chartered, is not accepting accounts, and no regulator has approved any application. Investor Services is a pre-charter demonstration and reference experience operated by Financial Infrastructure, Inc.. Nothing on this site is an offer or solicitation of any security. For self-directed accounts the custodian is a directed, non-discretionary, independent custodian — not a fiduciary, adviser or broker-dealer; the account holder directs, and the custodian does not evaluate, recommend or approve any investment. Trust services are different: a trustee is a fiduciary, and trust-administration duties are described in the applicable trust documents.