LockPath Included as a Visionary in Gartner’s 2017 Magic Quadrant for IT Risk Management Solutions
July 2017 by Marc Jacob
LockPath, a provider of governance, risk management and compliance (GRC) solutions, today announced it has been included in Gartner Inc.’s Magic Quadrant for IT Risk Management Solutions.
LockPath was one of 10 vendors evaluated in Gartner Inc.’s report, published June 29, by Gartner analysts Khushbu Pratap, Jeffrey Wheatman and Matthew Stamper. The report, which aims to help organizations evaluate IT risk management (ITRM) software solutions, recognized LockPath as a visionary in the space for its Keylight Platform.
According to Pratap, Wheatman and Stamper, “The ITRM market has seen increased demand due to cybersecurity initiatives and board risk oversight. Security and risk management leaders must navigate a complex landscape of deployment and pricing models, as well as ITRM buyers’ process maturity needs.”
Within LockPath’s Keylight Platform, its ITRM solution streamlines the identification, analysis, mitigation, and management of IT risks. Keylight facilitates management of governance and compliance efforts, while providing a repository for storing and sharing policies, procedures, controls, and regulatory obligations. Users can map IT risks to business risks for an enterprise-wide view of risk. The platform’s reporting capabilities enable users to quickly produce data-rich, visual reports for management audiences.
Keylight allows organizations to address IT risk management, IT vendor 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.