The 2024 Third-Party Risk Management Study

The Prevalent Third-Party Risk Management Platform unifies vendor management, risk assessment and threat monitoring to deliver a 360-degree view of risk. The platform makes it easy to onboard vendors; assess them against standardized and custom questionnaires; correlate assessments with external threat data; reveal, prioritize and report on the risk; and facilitate the remediation process.

Prevalent taps into powerful large language models and proprietary datasets to review, analyze and help you make sense of huge volumes of risk assessment and externally monitored data. Our AI models are trained on 20+ years of third-party risk management experience; real data and events; and unmatched Risk Operations Center expertise.

Our services team is dedicated to freeing you of the burdens of third-party risk management. We can handle everything from onboarding vendors and conducting assessments, to identifying risks and tracking remediation. You skip the hard work and get the intelligence and reports you need to focus on vendor strategy and overall risk reduction.

Our networks provide on-demand risk intelligence for over 10,000 vendors. These libraries leverage the power of the Prevalent community to deliver historical and real-time insights into both cyber and business risks from over 500,000 sources. With Prevalent Vendor Risk Networks, you can quickly scale your TPRM program with instant access to vendor risk scores and supporting reports.

Regardless of where you are today, Prevalent can help you build a third-party risk management program with unmatched visibility, efficiency and scale. We’ll work with you to find a mix of managed services, network membership and/or TPRM platform access that works best for your organization. You’ll gain a fast time to value, be equipped to make intelligence-driven decisions, and measurably reduce vendor-related risk – all with fewer headaches for you and your team.