Complying with SEPS Resolución 116: A Guide for Ecuador's Popular and Solidarity Financial Sector

As Ecuador's savings and credit cooperatives, mutual associations, and central funds come to depend on technology for everyday service, compliance with SEPS Resolución 116 has become a core operational requirement—not merely a documentation exercise. Issued by the Superintendencia de Economía Popular y Solidaria, the standard sets out how entities manage operational risk across four factors—people, processes, information technology, and external events—through a formal risk-management cycle, a three-lines-of-defense model, and detailed controls for access, change, incidents, and business continuity. Organizations must show that risks are identified and treated, that access to critical systems is controlled and monitored, and that critical services stay available and recoverable when something goes wrong, all scaled to their supervisory segment. This guide breaks down the standard's essential requirements and shows how ManageEngine solutions help your organization implement, operationalize, and strengthen SEPS Resolución 116 compliance with confidence.

What you’ll learn

• What SEPS Resolución 116 covers and why it matters to entities in the popular and solidarity financial sector.
• Which entities fall in scope, and how obligations scale across the five supervisory segments.
• How the six-stage operational risk cycle, access controls, incident management, and business continuity support compliance.
• What the four operational risk factors and the 99.99% critical-service availability target mean in practice.
• How identity governance and security monitoring help strengthen access control, system oversight, and incident response.