Archer Recognized as Leader in 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools
Archer, an RSA business, today announced it has been positioned as a Leader by Gartner in their most recent Magic Quadrant for IT Vendor Risk Management Tools. This recognition represents analysis by Gartner of Archer on “Completeness of Vision” and “Ability to Execute.” The 2021 IT Vendor Risk Management Tools Magic Quadrant represents the sixth consecutive time Archer has been positioned as a Leader in this report.
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“As organizations continue to create a broad range of interdependencies with third parties and extended supply chains, vendor risk management has grown dramatically as an area of need”
“As organizations continue to create a broad range of interdependencies with third parties and extended supply chains, vendor risk management has grown dramatically as an area of need,” said Bill Diaz, CEO of Archer. “At Archer, we continue to innovate rapidly around our Third Party Governance solution both in terms of the depth of capabilities specific to that area of risk, as well as the ability to tie to other areas of risk from an integrated risk management perspective.”
The Archer Third Party Governance solution includes Third Party Catalog, Third Party Engagement, Third Party Risk Management, Third Party Security Risk Monitoring, and Third Party Governance. Archer Engage for Vendors provides a portal to facilitate collaboration with external vendors throughout the governance lifecycle.
Gartner, Magic Quadrant for IT Vendor Risk Management Tools, Joanne Spencer, Edward Weinstein, Luke Ellery, 30 August 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 all warranties of merchantability or fitness for a particular purpose. Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
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