IT vendor risk management tools automate the vendor risk management life cycle, track third-party risk and facilitate regulatory compliance. Gartner’s Magic Quadrant helps sourcing, procurement and vendor management leaders evaluate this evolving and dynamic market.
MetricStream has been recognized as a Leader in the 2021 Gartner Magic Quadrant for IT Vendor Risk Management Tools for its ability to execute and completeness of vision. According to the report, MetricStream has continued to develop its reporting capabilities and remains highly configurable for customers, which are also able to leverage AI to identify exceptions and recommend actions.
We believe this recognition underscores the continued confidence of our customers in enabling them to identify and mitigate growing risks from third parties in a proactive and efficient manner.
This is the sixth time MetricStream has been recognized as a Leader in the Gartner Magic Quadrant for IT Vendor Risk Management Tools.
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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 MetricStream.
Gartner Magic Quadrant for IT Vendor Risk Management Tools, Joanne Spencer, Edward Weinstein, Luke Ellery, 30 August 2021. MetricStream as a Leader in Magic Quadrant for IT Vendor Risk Management 2014, 2016, 2017. MetricStream as a Leader in Magic Quadrant for IT Vendor Risk Management Tools 2019, 2020, 2021. 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.
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