LockPath, a leading 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.
“We believe this latest inclusion emphasizes our continued strength in the IT risk management market,” said LockPath CEO Chris Caldwell. “Keylight’s ease-of-use continues to attract more organizations, who value the ability to easily configure the platform without any custom code.”
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.
For more information or to obtain Gartner’s Magic Quadrant for IT Risk Management Solutions, visit Gartner’s website. To learn more about LockPath and the Keylight Platform, visit our website.
About Gartner’s Magic Quadrant
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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.