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Financial

Decrease Third Party Vendor Risk to Your Financial Services Company

As a financial institution, you understand there is risk in working with third party vendors,

but are you really prepared to meet that risk head-on with an enterprise strategy across your vendor ecosystem?

OCC, GDPR, and now NYCRR 500 all have requirements pertaining to working with and managing third parties. Whether you are working with 100 or 100,000 vendors, Prevalent can help you scale your current program to meet global regulatory requirements as well as help you reduce overall risk and cost of your program.

How Prevalent Helps Financial Service Organizations

  • Provides a comprehensive, cloud platform that is easily scalable to meet your specific needs.
  • Helps you manage your vendors through automated risk assessments and vendor classification.
  • Delivers robust continuous monitoring capabilities across 5 areas: Data, Legal, Brand, Operational, and Financial.
  • Gives you the ability to assess yourself and share with your vendors through our Exchange network.
  • Delivers API integration into your current GRC platform (Archer, Metricstream, etc.).