dido:99_annexes:annex-b-terms-and-definitions:b:buyer

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dido:99_annexes:annex-b-terms-and-definitions:b:buyer [2026/07/11 11:14] – removed - external edit (Unknown date) 127.0.0.1dido:99_annexes:annex-b-terms-and-definitions:b:buyer [2026/07/11 11:15] (current) – ↷ Links adapted because of a move operation nick_dido
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 +====== Buyer ======
 +
 +[[dido:99_annexes:annex-b-terms-and-definitions:start|Return to Terms and Definitions]]
 +
 +===== Discussion =====
 +
 +A Buyer represents a participant that procures or selects governed functions in the Governed Node Service Market. The Buyer relies on qualification, conformance, non-functional characteristics, evidence obligations, cost information, service-level information, jurisdictional suitability, and provider accountability when selecting a Qualified Service Provider or Qualified Node.
 +
 +The Buyer does not evaluate every technical, operational, security, portability, maintainability, reliability, residency, sovereignty, evidence, and service-level characteristic from first principles. The Governed Node Service Market provides recognised qualification information that supports procurement and selection decisions.
 +
 +The Buyer’s primary concerns include trust, suitability for procurement, cost, liability, service quality, and evidence that the selected governed function meets applicable obligations.
 +
 +===== Definition =====
 +//participant that procures or selects governed functions provided by Qualified Service Providers or Qualified Nodes//
 +
 +===== Source =====
 +Financial Systems Archetype, Part 7: Governed Node Service Market
 +
 +===== Note =====
 +A Buyer differs from an Integrator. A Buyer procures or selects governed functions. An Integrator combines Qualified Nodes, governed functions, interfaces, policies, evidence records, and operational components into a conforming deployment.
 +
 +A Buyer may also operate as a Qualified Service Provider when it provides governed functions to other participants.
 +
 +===== Example =====
 +A financial institution selects a Qualified Service Provider to provide sanctions screening for an FX processing flow. The institution reviews the provider’s qualification profile, recognised non-functional characteristics, cost information, service-level information, jurisdictional suitability, and evidence obligations before selection.