Get access to Gartner's in-depth analysis of VRM providers.
Gain a 360-degree view of vendor risk to simplify compliance, reduce security exposures, and improve efficiency
Delivered in the simplicity of the cloud, the Prevalent Third-Party Risk Management platform combines automated, standardized vendor assessments with continuous threat monitoring, assessment workflow, and remediation management across the entire vendor life cycle. The solution is backed by expert advisory, consulting and managed services to help you optimize and mature your vendor risk management program.
Prevalent "addresses growing requirements in data sharing and risk monitoring. Their approach is intended to go beyond data collection, and to drive changes in vendor behavior."Gartner Critical Capabilities for IT Vendor Risk Management. November 12, 2018
Identify IT and business exposures with inside-out assessment and outside-in monitoring, eliminating coverage gaps and informing risk-based decision making.
Speed assessments and remediation with bi-directional workflow, document/evidence, and task management. Equip vendors with dashboards for managing and addressing risks.
Prevalent’s Risk Operations Center (ROC) and Professional Services teams will partner with you to rapidly implement, scale, and customize your end-to-end TPRM program.
Build your own assessments or use a library of over 50 pre-defined assessments to determine vendor compliance with IT security controls and data privacy requirements. Automating assessments reduces tedious, error-prone manual work, and helps deliver immediate, meaningful risk reduction results.
Quickly check vendor risk status or augment existing assessments. Prevalent has created the first vendor risk-sharing networks for the legal and healthcare industries, allowing you to scale your third-party risk management program, save time and achieve a faster return on investment.
Deliver snapshot and continuous vendor monitoring with intelligent prioritization and risk registration. Gain a strategic business view beyond network health with insights into operational, financial, legal, and brand risk events.
Enable dynamic categorization of vendors based on risk levels and criticality to the business. Bi-directional remediation workflow and document management enables discussions on risk registers, completion date, tasks, acceptance, and more with full audit trails for all communications and risk decisions.
Visualize compliance and risk status across the vendor landscape or pull audit and compliance reports from a central reporting console. Executive views provide specific or/and overall visibility into the third-party risk profile for more confident reporting to the board.
Automatically map information gathered from assessments to regulatory and controls frameworks – including ISO 27001, NIST, GDPR, CoBiT 5, SSAE 18, SIG, SIG Lite, SOX, and NYDFS – using the Prevalent Compliance Framework. The common framework helps you understand compliance status and address potential control failures quickly.
Reduce time-to-value and grow your third-party risk management program maturity through expert planning and implementation services that guide your program from inception to maturity. Prevalent helps you discover, prioritize, and solve issues.