Hero managed services

Outsourced Vendor Risk Management

Leave your vendor risk management to us, so you can focus on what matters

Prevalent™ Risk Operations Centers provide managed services to handle your third-party risk assessment and monitoring needs. Our teams of third-party risk management experts collect vendor evidence, review assessments for completeness, identify risks, and provide remediation guidance. As a result, you reduce vendor risk and simplify compliance without burdening internal staff.

Key Benefits

  • Focus your team on risk management efforts, not on collecting vendor evidence

  • Leverage domain expertise from dedicated third-party risk management experts

  • Gain comprehensive visibility into risk remediation efforts

  • Realize a faster time-to-value from your risk reduction iniatives

How it works

  • Icon discover binoculars gold

    Scope

    We work with you to understand your third-party risk management requirements and map to them to a variety of managed service options.

  • Icon install gear

    Implement

    We profile your ecosystems of vendors, suppliers and other third-parties; customize surveys and other platform components to your business needs; and document everything in straightforward operations manuals.

  • Icon survey gold

    Respond

    We issue surveys to your vendors and other third parties, and then manage the response tracking and evidence collection.

  • Icon remediate health

    Remediate

    We can conduct follow-up assessments to validate and document vendor risk remediation.

  • Icon maintain graph

    Maintain

    We help you maintain visibility and accuracy with regular health checks and program reviews.

Third-Party Risk Management Support

Connect with online or telephone support at the Risk Operations Center closest to you. We have experts on-hand to address questions and provide remediation guidance.

Customer Success Data Sheet
Roc Map

Key Capabilities

  • Platform Management: Get full configuration and maintenance of the Prevalent TPRM platform

  • Vendor Management: Rely on us to onboard, review and maintain vendors in the platform

  • KPI Management: We handle your assessments, chasing responses, and response rate optimization

  • Reporting: We provide detailed analysis of assessment results, progress and trends

  • Comprehensive Support: Receive ongoing support for your vendors assessments

Flexible managed service options

Prevalent offers three managed service packages to meet your unique third-party risk management needs.

Collect Analyze Remediate
We manage the collection of completed assessments from vendors and second parties. We handle assessment collection and review the responses to confirm document evidence is accurate, while identifying potential issues. We handle assessment collection and review the responses to confirm document evidence is accurate, while identifying potential issues.
Access to all platform content and features
Unlimited platform users
Online support
Telephone support
Assessment monitoring & follow-up
Monthly reporting
Quarterly maturity assessments
Webinars on assessment completion
Red flag analysis
Evidence review for accuracy
Remediation guidance for top 10 risks
Remediation management
  • Ready to get started?
  • Schedule a personalized solution demonstration to see if Prevalent is a fit for you.
  • Request a Demo