Lockpath Included as a Leader in Gartner’s 2017 Magic Quadrant for IT Vendor Risk Management
Published on July 18, 2017
OVERLAND PARK, Kan. — July 18, 2017 — Lockpath, a leading provider of governance, risk management and compliance (GRC) solutions, today announced it has been included as a leader in Gartner Inc.’s Magic Quadrant for IT Vendor Risk Management for its Keylight Platform.
Lockpath was one of 12 vendors evaluated in Gartner Inc.’s report, published June 29, by Gartner analysts Christopher Ambrose and Luke Ellery. The report aims to help sourcing and vendor management leaders evaluate IT vendor risk management (IT VRM) software solutions.
“We believe our positioning as a leader in this year’s Magic Quadrant attests to our advancement in the vendor management arena,” said Lockpath CEO Chris Caldwell. “We’ve made major strides this past year in our IT VRM solution, by incorporating customer feedback, delivering additional features, and creating a technology partnership with a top security rating platform, SecurityScorecard.”
Within Lockpath’s Keylight Platform, its IT VRM solution streamlines the process of evaluating vendors, contractors, suppliers, and service providers for risk and compliance. The platform integrates the full vendor lifecycle into daily processes and includes capabilities for information gathering, due diligence investigation, risk assessments, contract negotiation, ongoing monitoring, and termination workflows.
Keylight allows organizations to address IT vendor risk management, IT risk management, operational risk management, corporate compliance and oversight, audit management, business continuity management planning, and health and safety management all in one user-friendly platform that facilitates cross-departmental collaboration.
About Gartner’s Magic Quadrant
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 the fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Lockpath is a market leader in corporate governance, risk management, regulatory compliance (GRC) and information security (InfoSec) software. The company’s flexible, scalable and fully integrated suite of applications is used by organizations to manage risk, demonstrate regulatory compliance, and automate business processes — all in order to achieve audit-ready status. Lockpath serves a client base of global organizations ranging from small and midsize companies to Fortune 10 enterprises in more than 15 industries. The company is headquartered in Overland Park, Kansas. For more information on Lockpath and the Keylight Platform, visit lockpath.com. Follow Lockpath on LinkedIn and on Twitter at @Lockpath and @KeylightGRC for the latest in industry, company and product news.