Gartner Magic Quadrant Governance Risk Compliance

Logicgate Receives Honorable Mention In 2021 Gartner Magic Quadrant For It Vendor Risk Management Tools

Metricstream Recognized As A Leader In The 2021 Gartner Magic Quadrant For It Risk Management Tools

SAN JOSE, Calif., September 24, 2021 – MetricStream, the global market leader in integrated risk management and governance, risk, and compliance , today announced that the company has been recognized as a Leader in the 2021 Gartner Magic Quadrant for IT Risk Management tools. It is the second consecutive year that MetricStream has been positioned as a Leader in the 2021 Gartner Magic Quadrant for IT Risk Management Tools for its ability to execute and completeness of vision. We believe this recognition further validates MetricStreams ability to empower businesses to manage IT and cyber risk in an integrated, interconnected way, enabling them to identify strategic business opportunities and power whats next even in todays volatile business environment.

With the rapid digitization, adoption of the cloud and hybrid workforce, organizations are faced with increasing cyberattacks and the need to meet multiple compliance requirements. But traditional legacy solutions and manual excel based approaches to managing IT and cyber risks are no longer scalable and do not provide real-time visibility into the risk and compliance posture. Moreover, with the increasing need to prioritize cyber security investments, security and risk management leaders are now expected to communicate cyber risk exposure in monetary terms to their senior executives and boards.

Access a complimentary copy of the Gartner Magic Quadrant report here.

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Diligent Named A Leader In 2021 Gartner Magic Quadrant For It Vendor Risk Management Tools For Fourth Consecutive Year

Sep 2, 2021 | News Releases

New York, NY, September 2, 2021 Diligent, the global leader in SaaS governance, risk and compliance, today announces it has been named a Leader by Gartner in the 2021 Gartner® Magic Quadrant for IT Vendor Risk Management Tools for its IT VRM solution. This marks the fourth consecutive year Diligent has been recognized, and comes following a milestone year for the organization, after its recent acquisition of Galvanize and Steele Compliance Solutions to become the leading governance, risk and compliance SaaS provider.

Diligents IT VRM solution received praise for its next-generation data collection and analytics capabilities, which automatically detect unknown and known vendors by mapping against enterprise data sources. It was also recognized for its leading machine learning algorithms that can identify the potential for vendor failure before it occurs, empowering organizations to proactively understand and mitigate vendor risk.

Were thrilled that Gartner has recognized the strength of Diligents solution in this market through the Magic Quadrant, said Brian Stafford, CEO of Diligent. With regulatory environments rapidly changing, having a holistic view of risk management across the organization is imperative. By integrating Galvanize into Diligents modern governance platform, were creating a comprehensive solution to meet our clients GRC needs.

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The 20 Best Enterprise Grc Software Solutions

Businesses use governance, risk, and compliance software to help keep them consistently prepared through effective management of various processes and documentation. A growing sea of regulations including SOX, GDPR, and CCPA provide a compliance challenge for businesses. However, businesses can automate their compliance programs through the use of GRC software, which helps effectively eliminate vulnerabilities that might otherwise put your business at risk. In addition to helping you with more immediate compliance needs, the right GRC solution can keep your business prepared well into the future as you navigate updating processes and policies.

The following is a list of some of the best GRC software available, offering plenty of features to help identify and address risks, maintain compliance, and streamline management for businesses of all types.

What Do You Think About This Grc Tools List

According to Deloitte, approximately 85% of surveyed organizations said that they would benefit from integrating and streamlining the use of technology for GRC activities.

With a number like that, its easy to see that most organizations want to take full advantage of a GRC platform.

But even so, many have yet to take the leap. If this sounds familiar, its my hope that this list of the best GRC tools will help you find what youve been looking for.

Have you tried out any risk compliance performance solutions listed above? Is there any governance risk and compliance software you would add to this list? Is there a particular GRC platform that you rely on?

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Kinds Of Grc Platforms

GRC suites GRC suites are made of multiple software products that are used in various combinations. Each of them usually specialize in one or a few of the main GRC features, such as policy management, regulatory change management, compliance learning, or risk management. Companies using GRC suites may choose to implement all or only some of the components mentioned above, with the option to scale up or scale down . The main benefit of GRC suites is that they provide better integration between the components of the suite and are developed and supported by the same vendor.

Best-of-breed GRC software This type of software provides multiple modules for GRC that are delivered as part of a single product and cannot be sold and used separately. Best-of-breed GRC software is highly beneficial to mid-market companies that dont need advanced features to manage risk and compliance.

Cura Software Named On The Gartner Magic Quadrant For Integrated Risk Management

Gartners report on The Magic Quadrant for Integrated Risk Management identifies risk management software providers who demonstrate excellence across five critical capabilities, namely: Risk and Control Documentation/Assessment, Incident Management, Risk Mitigation Action Planning, KRI Monitoring/Reporting, and Risk Quantification and Analytics. Gartners Magic Quadrants are based on rigorous, fact-based analysis backed up by a highly structured methodology. 16 vendors were named in the 2018 report, CURA Software Solutions.

According to Alex Roberts, CURAs Regional Director of Sales and Operations, CURA is very proud to have been included in the Gartner Magic Quadrant for Integrated Risk Management. As a solutions provider that consistently strives for excellence in the realm of integrated risk management, it is such an accolade to be acknowledged for our strategic and technological approach.

The Gartner report centres around IRM vendors who exhibit common functions, such as an asset repository, regulatory mapping, survey capabilities, workflow functions and data import, and provide capabilities across the following six use cases: Digital Risk Management , Vendor Risk Management , Business Continuity Management , Audit Management , Corporate Compliance and Oversight , and Enterprise Legal Management .

About CURA Software Solutions

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Recognized For Completeness Of Vision And Ability To Execute

SAI360, the provider of a leading risk, learning, EHS, and sustainability platform has been positioned by Gartner® as a Leader in the Magic Quadrant for IT Risk Management.

SAI360 was recognized by Gartner for its ITRM capabilities as part of its broader GRC SAI360 platform.1 The evaluation was based on specific criteria that analyzed the companys overall completeness of vision and ability to execute.

The past year has brought on enormous digital transformation and business change. As organizations have grappled with the impact of the pandemic on their operations, the sudden shift to remote work, and supply chain challenges, they have also faced increased exposure to external threats.

We have guided our midsize and enterprise customers to confidently navigate this shifting business landscape with the most powerful, agile approach to risk management.

Peter Granat, CEO, SAI360

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

Learn more about SAI360 GRC for managing IT risk and cybersecurity. Or, contact us to see how SAI360 has helped organizations like yours.

How To Boost Your Enterprise Governance Risk And Compliance Platforms Magic Quadrant Position

MetaCompliance – Gartner Magic Quadrant Security Awareness Computer Based Training 2019

The Gartner Magic Quadrant for GRC can reap huge rewards for your company< .

If You Can Answer Yes To These 4 Questions

Are your competitors getting better results even when their product is inferior?

Are you struggling to move the dot in your MQ?
Do your references seem to say something different when they talk to you and the analysts?
Is your business is not listed in this MQ and are looking to 2017?

We are specialists, we are here to help

We are a team of former senior Gartner analysts whove written and reviewed hundreds of Magic Quadrants such as the Enterprise Governance Risk and Compliance Platforms MQ. We have an in-depth understanding of the factors for Magic Quadrant success and are uniquely placed to give tangible advice that will add value when responding to the GRC Magic Quadrant.

Recent feedback from clients tells us we had a positive impact in this area

They were extremely knowledgeable about the Gartner process and their expectations. They went above and beyond working around our schedules to help make our response much better than we would have put together on our own. They helped us put all the information Gartner would want to see in a format they would want to see it in, hitting the points Gartner would care about. Their engagement was extremely valuable to help us hone in on our essential story to help shape our marketing message, as well to help with customer endeavors.

Why Use Grc Platforms

Companies may choose between using separate systems for various types of risk and compliance or adopting GRC platforms to centralize compliance management.

Compliance with laws, standards, and internal policies Depending on their industry and type of activity, companies may need to comply with all kinds of laws and industry standards. Additionally, companies may define their own rules that are implemented and enforced internally or across their partner networks. To manage all the information about regulations, standards, and policies as well as the procedures to ensure compliance, companies need a single data repository and an integrated system.

Risk mitigation To deal with risks, companies need to know what challenges they may be facing and how to address them. Identifying risks and their potential impact on the company help businesses prepare in advance and avoid major disruptions.

Brand protection Compliance isnt only about following regulations. Compliance violations such as data breaches also impact the reputation of the business. Customers and partners avoid buying from or working with companies that are repeatedly breaking the law or failing to comply with industry standards.

Servicenow Governance Risk And Compliance

ServiceNows GRC software allows for more efficacious communication of data through the use of chat, portals, and mobile apps. ServiceNow features intuitive reporting and analytics features that also enable businesses to track and measure any metrics based on their specific needs. Users can further benefit from real-time monitoring, automation, and analysis to facilitate accelerated responses.

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Features Of Grc Platforms

Most of the vendors listed above were recognized by Gartner in its 2020 Magic Quadrant for IT risk management as well as Forrester in its Q1 2020 GRC Wave. What helps these platforms gain recognition? According to Forrester, a GRC platform should have the breadth and depth to support a wide range of GRC use cases, capabilities to align GRC efforts across multiple business functions, and advanced risk analysis. Most GRC platforms employ some combination of features in the following areas to accomplish these goals:

Risk and control management

With so many GRC platforms on the market today, it can seem like a challenge to know where to begin. Thankfully, there are a few discerning factors that can separate the solution that will be best for you from the crowd.

Who Uses Grc Platforms

MetricStream positioned as a âCategory Leaderâ? in six ...

All employees benefit directly or indirectly from using GRC platforms. While this type of software is used mostly internally, partners may also use it to access compliance information and submit audit results.

Compliance officers Compliance officers and managers are responsible for defining and implementing processes and workflows that ensure compliance with any regulations related to the operations of the company. They also monitor enforcement and identify opportunities for improvement to prevent noncompliance and mitigate risk.

Department managers Each department needs to comply with different regulations and managers need to be aware of which laws and standards apply to their team.

Executives Executives use GRC platforms to define internal policies, find regulatory information related to their department, and monitor the enforcement of laws and policies.

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Infor Named A Challenger In The Gartner 2021 Magic Quadrant For Supply Chain Planning Solutions

Infor is proud to be recognized as a Challenger” in the Gartner 2021 Magic Quadrant for Supply Chain Planning Solutions where vendors are assessed for their geographic strategy, market responsiveness, and customer experience. Fill out the form to learn how Infor continues to enhance existing functionality, expand extended supply chain capabilities, and achieve its cloud vision and strategy.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Infor. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Galvanize Named A Leader In Gartner Magic Quadrant For It Vendor Risk Management Tools For Second Consecutive Year

Sep 3, 2020 | News Releases

VANCOUVER, British Columbia, September 3, 2020Galvanize, the global leader in SaaS governance, risk, and compliance software, today announced it has been named as a Leader by Gartner in the 2020 Magic Quadrant for IT Vendor Risk Management Tools. This marks the second consecutive year Galvanize was acknowledged, recognizing the companys completeness of vision and ability to execute.

Galvanizes HighBond platform minimizes exposure to financial, operational, reputational, and security risk from third parties by automating the entire lifecycle of third-party risk management . From onboarding, assessment, and remediation, to performance monitoring and ongoing review, the software manages the entire TPRM process. The solution is highly configurable and designed to accommodate change and program maturation over time as organizations adapt to evolving business, regulatory, and risk landscapes.

A full, complimentary version of the August 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools is available for download here.

To learn more about Galvanize and HighBond, visit:

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LinkedIn:

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Gartner Positions Servicenow As A Leader In The 2019 Magic Quadrant For Integrated Risk Management

For the second consecutive year, ServiceNow is a Magic Quadrant Leader. And a driving force in defining the Integrated Risk Management market.

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Gartner 2018 Irm Magic Quadrant Positions Logicmanager Highest In Ability To Execute

Challenge #3: Managing Risk and Compliance in a Global Economy Trend Micro Perspectives 2021

Risk management isnt what it used to be. Over the past several years, Gartner has evolved its research of governance, risk, and compliance technology solutions to meet the increasingly complex needs of risk managers and the companies they serve. As a result, the independent research firm has shifted its focus from GRC to IRM, or integrated risk management.

LogicManager has championed an integrated approach to risk management from day one of our founding in 2005. For the past 13 years, weve built our technology on the very idea that managing risk within silos hinders success, and that an integrated approach is the only way companies can succeed.

Our long-standing belief that siloed GRC programs wont cut it anymore empowers us to deliver a truly integrated risk management solution thats earned the highest spot in Ability to Execute.

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Gartner Magic Quadrant For Enterprise Governance Risk And Compliance Platforms

Summary

The enterprise GRC platform market has matured to a strategic focus on enterprise risk management and business performance. The next market phase includes integrated performance and risk management, industry- and function-specific applications, and mobility.

Analyst: French Caldwell, John A. Wheeler