Case Study: S&P 500 Financial Services Company achieves faster third-party risk assessments and consistent regulatory reporting with Prevalent

S&P 500 Financial Services Company - Customer Case Study

The S&P 500 Financial Services Company engaged Prevalent to address regulatory and third‑party cyber risk challenges. Faced with reporting obligations across GDPR, HIPAA, ISO 27001 and PCI, the firm needed stronger continuous vendor monitoring, consistent risk‑based intelligence, and a standardized third‑party risk management methodology, so they implemented Prevalent’s third‑party risk management solution (Prevalent Platform).

Prevalent delivered automated assessments, centralized document/evidence management, an automated risk and compliance register, supplier remediation communication, and outside‑in network scanning mapped to industry frameworks. The solution improved on‑time regulatory reporting, was rated “very differentiated” across multiple capabilities, and reduced assessment time from more than a month to 2–3 weeks—saving about one week per assessment.