Galvanize Named a Leader in Gartner Magic Quadrant for IT Vendor Risk Management Tools

Vancouver, B.C., December 5, 2019 Galvanize, the global leader in SaaS governance, risk management, and compliance (GRC) software, today announced that it has been recognized by Gartner as a Leader in the 2019 Gartner Magic Quadrant for IT Vendor Risk Management Tools*.

The Gartner Magic Quadrant for IT Vendor Risk Management Tools is an annual evaluation of the IT vendor risk management technology market.

Galvanize’s ThirdPartyBond offers customers a comprehensive solution to support end-to-end third-party risk management (TPRM) independently, or as part of a broader integrated risk management program. It automates and continuously monitors vendor lifecycle management, improves program coverage, enhances risk quantification, facilitates maturation, optimizes processes, and enhances collaboration.

“We are delighted to be recognized as a Leader in IT vendor risk management tools,” said Dan Zitting, chief customer experience officer at Galvanize. “Data breaches that occur outside an organization’s safeguards, or the failure of a vendor or partner who is pivotal to strategy, are serious concerns that keep CISOs and CROs up at night. Our platform automates the assessments of these critical partners, enhances assessments with information from numerous data sources, and tightly integrates risk management programs to show vendor risk impacts on your overall cybersecurity posture, regulatory compliance, and enterprise risk. The resulting C-suite storyboards also inspire confidence in boardroom conversations.”

ThirdPartyBond is pre-configured to meet industry best practices, so business users can quickly tailor an IT VRM workflow without the expense of extended, time-consuming consulting engagements common with competing solutions. Robotic automation—on both internal and tightly integrated third-party data—means organizations can significantly reduce manual work and achieve continuous, real-time analysis and assessment of every vendor.

To learn more about Galvanize and ThirdPartyBond, visit: https://www.wegalvanize.com/vendor-risk-management/

A full, complimentary version of the 2019 Gartner Magic Quadrant for IT Vendor Risk Management Tools is available for download here.

*Gartner Magic Quadrant for IT Vendor Risk Management Tools, Christopher Ambrose, Joanne Spencer, 25 November 2019

Gartner Disclaimer
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.

To learn more about Galvanize and the HighBond platform, please visit: wegalvanize.com

Supporting Resources:

About Diligent: 

Galvanize is now Diligent. Diligent is the leading governance, risk and compliance (GRC) SaaS company, serving 1 million users from over 25,000 customers around the world. Our innovative technology gives leaders a connected view of governance, risk, compliance and ESG across their organizations, sparking the insights they need to make better decisions and lead with purpose. Learn more at diligent.com. 

Media contact:

Julia Hanbury
julia@talkshopmedia.com
604-738-2220

©2021 ACL Services Ltd. ACL, Galvanize, the Galvanize logo, HighBond, and the HighBond logo are trademarks or registered trademarks of ACL Services Ltd. dba Galvanize. © 2021 Diligent Corporation. All other trademarks are the property of their respective owners.

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