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Optiv Security Announces Next Generation of Third-Party Risk Management Platform Evantix
Evantix 5.0 Helps Organizations Better Scale Third-Party Risk Management Programs, Improve Visibility Into Risk Assessment Lifecycle and Track Remediation Issues
Denver – November 30, 2016 - Optiv Security, a market-leading provider of end-to-end cyber security solutions, today announced the availability of Evantix 5.0, a major update of its proven Software-as-a-Service-based third-party risk management platform.
Optiv Evantix 5.0 is a fully integrated platform that helps organizations identify and manage inherent and residual risk associated with their third parties. The platform was built to allow organizations to more effectively and efficiently scale third-party risk management programs; monitor the risk assessment lifecycle of vendors, suppliers and business associates; and open and track remediation issues associated with those third parties. As a result, Evantix 5.0 helps organizations reduce costs and improve efficiencies associated with managing third-party risk.
“Enterprises rely heavily on their third parties to be successful, but managing risk associated with those external entities can be complicated and costly to businesses,” said James Christiansen, vice president of information risk management for Optiv. “Optiv’s Evantix platform expertly identifies and measures third-party risk by assessing relationship risk, business profile risk and control risk. The platform’s newest generation enables companies to shift the most time-consuming, costly and repetitive risk assessment activities back to suppliers, freeing organizations to focus on remediation, mitigation activities and other strategic initiatives.”
Optiv Evantix 5.0 was designed to help third-party risk management teams better manage their third-party portfolio across multiple companies, departments and users through consistent policies and processes. The platform’s key features include:
Optiv’s suite of third-party risk management solutions help organizations effectively plan, develop and manage third-party risk programs. Optiv’s comprehensive solutions enable organizations to operationalize their third-party risk approach no matter the maturity of their program and regardless of where the responsibility falls within the organization. These capabilities also help manage to the regulatory requirements and compliance standards relevant to the client’s industry.
Optiv Security: Secure greatness.®
Optiv is the cyber advisory and solutions leader, delivering strategic and technical expertise to nearly 6,000 companies across every major industry. We partner with organizations to advise, deploy and operate complete cybersecurity programs from strategy and managed security services to risk, integration and technology solutions. With clients at the center of our unmatched ecosystem of people, products, partners and programs, we accelerate business progress like no other company can. At Optiv, we manage cyber risk so you can secure your full potential. For more information, visit www.optiv.com.
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