Managing third-party risk has never been more complex.
New regulations, cyber threats, and supply chain disruptions are putting increased pressure on risk, compliance, procurement, and IT teams to improve oversight of third-party relationships.
According to the Gartner® Market Guide for Third-Party Risk Management Technology Solutions:
- "Organizations worldwide are facing intense pressure to meet new and evolving regulatory requirements related to third- and fourth-party risk."
- "Regulators and stakeholders are increasingly interested in how organizations effectively manage their third-party risk activities."
However, the report notes that many programs remain fragmented:
- "Organizations utilize multiple technology platforms to address third-party risk domains because no single solution supports all use cases or domains."
This Gartner Market Guide provides an independent overview of today's third-party risk management technology landscape. If your team is grappling with disconnected tools, manual processes, or gaps in vendor risk visibility, this research is for you.
Download your complimentary copy of the Gartner Market Guide now.