Gartner Research

Gartner Magic Quadrant for IT Vendor Risk Management Tools


IT vendor risk management software provides solutions to manage and automate the vendor risk management life cycle, address third-party risk and meet regulatory compliance. Gartner’s Magic Quadrant helps sourcing, procurement and vendor management leaders evaluate this growing and dynamic market.

Published: 24 August 2020

ID: G00465546

Analyst(s): Joanne Spencer, Edward Weinstein

Table Of Contents

Market Definition/Description

Magic Quadrant

  • Vendor Strengths and Cautions
    • Allgress
    • Aravo
    • CyberGRX
    • Fusion Risk Management
    • Galvanize
    • IBM
    • LogicGate
    • LogicManager
    • MetricStream
    • NAVEX Global
    • Ncontracts
    • OneTrust
    • Prevalent
    • ProcessUnity
    • Quantivate
    • Riskonnect
    • RSA
    • SAI Global
    • ServiceNow
    • SureCloud
    • ThirdPartyTrust
    • Venminder
    • Whistic
  • Vendors Added and Dropped
    • Added
    • Dropped

Inclusion and Exclusion Criteria

  • Inclusion Criteria

Evaluation Criteria

  • Ability to Execute
  • Completeness of Vision
  • Quadrant Descriptions
    • Leaders
    • Challengers
    • Visionaries
    • Niche Players


Market Overview

  • Key Trends Affecting the IT VRM Market

Gartner Recommended Reading

  • Ability to Execute
  • Completeness of Vision

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