Prevalent, a third-party risk management solutions provider, has partnered with Indigocube Security, a South African cybersecurity consultancy, to enhance third-party risk management solutions in South Africa.

The partnership aims to deliver an AI-driven third-party risk management solution tailored for the South African market. It will combine Prevalent's cutting-edge technologies with Indigocube's local expertise to offer comprehensive risk assessment, native third-party risk monitoring, and automation of critical tasks. The solution is expected to help organizations manage supplier ecosystems, enhance security posture, and ensure long-term resilience against emerging threats.

Analyst QuickTake: Prevalent has been leveraging partnerships to develop in-house capability and expand its reach. In August 2024, the company partnered with TBDCyber to help clients develop, implement, and mature their TPRM programs to streamline compliance, enhance risk visibility, and improve organizational resilience against third-party threats. Earlier, the company also partnered with 360factors to combine 360factors' Predict360 software suite with Prevalent's Third Party Risk Management Platform, offering mid-market organizations comprehensive tools TPRM.