2019 Gartner Magic Quadrant for IT Vendor Risk Management
The Largest Cross-Industry Repository of Completed Standardized Assessments
You need visibility into your vendors' security controls to reduce data breach risks, address compliance requirements, and achieve security best practices. However, effectively conducting due diligence by collecting and reviewing risk assessments can pose a challenge for your resource-strapped team.
The Prevalent Exchange Network quickly and cost-effectively delivers the third-party risk data you need, without taxing your team.
Prevalent’s Exchange Network delivers a repository of nearly one thousand completed, standard vendor questionnaires and supporting evidence to accelerate risk identification and mitigation. With many of the vendors you are already working with as members, and the ability to request new vendors to be assessed, the Exchange promotes enhanced vendor security across multiple industries.
Leverage a library of pre-submitted assessments to quickly check vendor risk status or augment your own assessments.
Outsource vendor survey collection and analysis to the Prevalent Risk Operations Center, reducing assessment time and costs.
Conduct standardized assessments that map cybersecurity, IT, privacy, data security and business risks to industry standards and regulations.
Collaborate on risk registers, dates, tasks, acceptance and more with remediation workflow and document management capabilities.
Understand compliance and risk status across the vendor risk landscape through a central reporting console. Assessors, risk managers and executives can each see the relevant information they need to better understand and act on risk.
The Prevalent Exchange is part of Prevalent’s integrated third party risk management platform, a unified solution that provides a 360-degree view of vendor risks. With the Prevalent TPRM platform, you simplify compliance, reduce risk, and improve efficiency to scale your third-party risk management program.
"With Prevalent, my organization has been able to redirect resources previously dedicated to collecting and analyzing vendor-submitted questionnaires and evidence to other activities.” Director of Risk Management, Large Enterprise Retail Organization
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