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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.
The TPRM technology market is a complex array of solutions servicing many business functions across an enterprise. This Market Guide categorizes TPRM solution providers into TPRM technology platforms and tools, and includes risk-domain-specific data and insights.
This report outlines a number of key findings and recommendations for organizations considerings third-party risk management solutions.
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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 Gartner’s 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.
Gartner Market Guide for Third-Party Risk Management Technology Solutions, Antonia Donaldson, Luke Ellery, et al., 15 May 2025
You rely on your third- and fourth-party vendors to do business, but those vendors also pose risk to your enterprise’s sensitive data. RiskRecon gives you accurate, non-invasive visibility into your vendors’ security postures and then ranks vulnerabilities in order of priority so you know which issues to tackle first.
With our third-party cyber risk assessments, you’ll also be provided with custom-fitted risk action plans so you can immediately start engaging with your vendor for remediation. And if a vendor’s cyber risk degrades or an element falls out of policy, you’ll be notified instantly.