Analysis Highlights Mitratech’s VendorInsight as a worldwide leader in risk management

AUSTIN, TX – March 2, 2022 – Mitratech, a global provider of legal and integrated risk management software, is honored to announce that its Vendor Risk Management (VRM) solution, VendorInsight, has been ranked as a top performer and technology leader in the 2021 SPARK Matrix analysis of the global VRM platform market by Quadrant Knowledge Solutions. 

Quadrant Knowledge Solutions’ Risk Management solution market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. This research provides strategic information for technology vendors to better understand the existing market, support their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.

According to Pradnya, Analyst at Quadrant Knowledge Solutions, “Mitratech’s ability to cater to diverse use cases, robust product strategy, and strong industry expertise has received a high rating across the parameters of technology excellence and customer impact.”

The following criteria were used to rank Mitratech’s VendorInsight as a leader:

  • Sophistication of Technology  
  • Product Strategy
  • Performance 
  • Competitive Differentiation
  • Presencia en el mercado 
  • Diversidad de aplicaciones 
  • Escalabilidad 
  • Ease of Deployment
  • Excelencia en el servicio al cliente 
  • Visión y hoja de ruta

“We are honored that our VRM offering was recognized as a leader in this prestigious report,” said Mike Williams, CEO, Mitratech. “This report validates the accelerated adoption of Mitratech technologies to bring automation, efficiency, and control to manage third party risk. With our acquisition of Alyne, Mitratech’s risk management portfolio now encompasses VRM as well as cybersecurity, ESG, policy management, data privacy, and more, in a single platform.”

 

To download the full report: https://mitratech.com/resource-hub/analyst-reports/2021-spark-matrix-vendor-risk-management-analysis/

Acerca de Mitratech

Mitratech es un socio tecnológico global de probada eficacia para profesionales corporativos del área legal, de riesgo y cumplimiento, y de RRHH que buscan maximizar la productividad, controlar el gasto y mitigar el riesgo mediante la profundización de la alineación operativa, el aumento de la visibilidad y el estímulo de la colaboración en toda la organización. Esto les ayuda a afrontar el reto de satisfacer las necesidades cambiantes de la empresa moderna y dinámica.