Fintech / Cybersecurity

Third-Party Risk

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER

What is Third-Party Risk?

Companies in this market offer solutions to evaluate the security risks associated with a company’s vendors, partners, and other third parties. Solutions include questionnaires, vendor management, vendor onboarding, and risk assessments.

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Leaders

Leaders are the most established service providers in the market and possess the breadth to address various customer needs.

See why these companies made it as leaders for Third-Party Risk. These companies include CyberGRX and MetricStream.

CyberGRX logo
CyberGRX

United States / Founded Year: 2015

CyberGRX provides a comprehensive third-party risk management platform to cost-effectively identify, assess, mitigate and monitor an enterprise's risk exposure across its entire partner ecosystem. Through automation and advanced analytics, the CyberGRX solution enables enterprises to collaboratively mitigate threats presented from their increasing interdependency on vendors, partners and customers.

Key People

Frederick Kneip, Adam Cecil, Marc Haverland, and 2 more

MetricStream logo
MetricStream

United States / Founded Year: 1999

MetricStream specializes in enterprise and cloud applications for Governance, Risk, Compliance, and Quality Management. MetricStream's applications and solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for users across many industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, maintains operations and research and development (R&D) center in Bangalore, India, and conducts sales and operational support through offices in cities spanning the globe.

Key People

Gunjan Sinha, Bruce Dahlgren, Gaurav Kapoor, and 2 more

SecurityScorecard logo
SecurityScorecard

United States / Founded Year: 2013

SecurityScorecard is an information security company focusing on third party management and IT risk management. SecurityScorecard provides a platform designed to rate cybersecurity postures of corporate entities through the scored analysis of cyber threat intelligence signals.

Key People

Aleksandr Yampolskiy, Todd Graber, Robert Gibney, and 2 more

Highfliers

Highfliers are the most innovative service providers in the market and possess the resources to address evolving customer needs.

See why these companies made it as highfliers for Third-Party Risk. These companies include Panorays and Axis Security.

Panorays logo
Panorays

United States / Founded Year: 2016

Panorays automates third party security management. The platform enables companies to easily view, manage and engage on the security posture of their third-parties, vendors, suppliers, and business partners.

Known Customers

Sisense

Key People

Matan Or-El, Meir Antar, Demi Ben-Ari

Axis Security logo
Axis Security

United States / Founded Year: 2018

Axis Security develops cloud-based cybersecurity technology to secure enterprise applications.

Known Partners

McAfee, TransientX, Appgate, and 3 more

Key People

Dor Knafo, Gil Azrielant, Mark Hatfield, and 1 more

Outperformers

Outperformers are the most specialized service providers in the market and possess the expertise to address unique customer needs.

See why these companies made it as outperformers for Third-Party Risk. These companies include SecureLink.

SecureLink logo
SecureLink

United States / Founded Year: 2003

SecureLink specializes in managing secure third-party access and remote support for both enterprise companies and technology providers.On February 23rd, 2022, SecureLink was acquired by Imprivata. Terms of the transaction were not disclosed.

Key People

Joe Devine, Chip Pate

Challengers

Challengers are the most promising service providers in the market and possess the agility to address emerging customer needs.

See why these companies made it as challengers for Third-Party Risk. These companies include Ncontracts and ProcessUnity.

Ncontracts logo
Ncontracts

United States / Founded Year: 2009

Ncontracts is a provider of risk management software and services to financial institutions.On January 23rd, 2020, Ncontracts was acquired by Gryphon Investors. Terms of the transaction were not disclosed.

Key People

Michael Berman, Jonathan Goody, Bill Simpson, and 2 more

ProcessUnity logo
ProcessUnity

United States

ProcessUnity is a provider of cloud-based applications for risk management and service delivery management. The company's software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience.

Key People

Todd Stone, Sean Cronin, Derek Borgert, and 2 more

RSA Security logo
RSA Security

United States / Founded Year: 1984

RSA Security manufactures and markets products to protect and manage access to computer-based information resources. It is also a provider of public-key encryption toolkits.

Known Customers

NewDay, RSA, Dell EMC

Key People

Rohit Ghai, Russel Ridgley, Ben Smith, and 2 more

SureCloud logo
SureCloud

United Kingdom / Founded Year: 2006

SureCloud provides Governance, Risk and Compliance solutions for enterprises. The company's Integrated Risk Management approach assists with managing basic regulatory compliance drivers, as well as with diagnostic dashboards.

Known Partners

firmguard, TokenEx

Key People

Richard Hibbert, Chris Haynes, Nick Rafferty, and 1 more

What is Third-Party Risk?

Companies in this market offer solutions to evaluate the security risks associated with a company’s vendors, partners, and other third parties. Solutions include questionnaires, vendor management, vendor onboarding, and risk assessments.

Selling a product or service?
Reach more buyers.

Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.

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