Case Study: Moelis Asset Management achieves centralized vendor risk visibility and continuous monitoring with Prevalent

Investment advisory firm gains visibility into vendor risk with Prevalent TPRM solutions

Moelis Asset Management, an investment advisory firm with more than $8 billion in assets under management, faced a manual, fragmented third‑party risk process after the SEC’s 2023 oversight rule. The compliance team collected questionnaires and vendor documents but lacked in‑house expertise to assess risk, a centralized risk register, and continuous IT vendor monitoring — and needed a partner to run day‑to‑day TPRM. To address this, Moelis selected Prevalent and its Third‑Party Risk Management (TPRM) Platform plus Risk Operations Center (ROC) managed services.

Prevalent implemented its TPRM platform and ROC managed services, including continuous risk and data breach monitoring for critical vendors and a centralized, easy‑to‑access record of assessments. As a result, Moelis Asset Management gained clear visibility into vendor IT risks, maintains regulator‑ready documentation, and leverages consistent managed services that let internal teams focus on core work — with ongoing weekly engagement from Prevalent’s team to keep the program running smoothly.

Moelis Asset Management

Marie Bober

Chief Compliance Officer