Vendor Risk

- WatersTechnology Staff
- 01 Mar 2009

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Waters: Some Satyam clients have discovered they do not have the right to terminate their contracts based on the financial condition of the provider. Are they going to look to include that in the future?

Parks: I would hope so. Firms will be saying, "We've learned our lesson; what do we do to protect ourselves in the future?" Right after Enron collapsed, all of us realized this could happen to any of our vendors. What should we be doing to ensure that our clients are protected in that case? We

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