• Third-Party Risk Management
  • GRC

SureCloud is recognised in the 2025 Market Guide for Third-Party Risk Technology Solutions by Gartner®

  • Written by
  • 11th Jul 2025
  • 1 min read

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In Short
  • SureCloud recognised in the 2025 Gartner Market Guide for TPRM Solutions, spotlighting essential functions and emerging technology in third-party risk.

Gartner® Market Guide for Third-Party Risk Management Technology Solutions

Gartner® has released its 2025 Market Guide for Third-Party Risk Management Technology Solutions, outlining how recognized organisations are transforming vendor risk practices amid intensifying regulatory, cyber, and operational pressures.

 

The report includes SureCloud among 78 Representative Vendors leading the vendor risk and TPRM markets.

 

According to Gartner®, organizations utilize multiple technology platforms to address third-party risk domains because no single solution supports all use cases or domains. Organizations often use two or more technology solutions with third-party risk management (TPRM) capabilities, which multiple business functions leverage. These functions include enterprise risk, legal, compliance, sourcing, procurement, supply chain, vendor management, IT, cybersecurity and other stakeholders, the report states. That makes platform selection and integration strategy more critical than ever.

 

Gartner® identifies five essential functions for TPRM platforms:

 

  • Identifying third-party risk
  • Analyzing risk
  • Managing and escalating risk
  • Continuous monitoring
  • Third- and fourth-party risk mapping and metrics

 

The report also acknowledges that emerging technologies are shifting the market: 

 

"many vendors are incorporating machine learning and AI to support automated assessment and analysis, and refine future recommendations and impact analysis with appropriate disclosures and human review".

 

Gartner® believes this approach will be a competitive differentiator, as "TPRM is both data and labor intensive", with capabilities such as predictive analytics, NLP for document analysis, and risk visualisation through advanced graphing tools.

 

Gartner® urges organisations to “Define clear roles and responsibilities for TPRM, develop a TPRM strategic roadmap that includes a timeline, roles and responsibilities, implementation considerations, use cases, and technology investment,” and to “create a shortlist of TPRM platforms to engage, and evaluate vendor capabilities, vendor concentration risk, scalability, and ease of integration with existing IT systems”.

 

In our view, the report is essential reading for anyone responsible for vendor oversight, third-party governance, or integrated risk management, and it provides a market-wide snapshot of TPRM solution categories, strategic guidance for procurement leaders, and a complete list of vendors with mapped capabilities.

 

 

Gartner Disclaimer

Source: https://www.gartner.com/en/documents/6414175

 

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, express or implied, with respect to this research, including any 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.

About SureCloud

Since its founding in 2006, SureCloud Ltd. has two decades of experience as a leading provider of Governance, Risk, and Compliance (GRC) solutions. Headquartered in the UK, with offices in the US, SureCloud supports a global portfolio of organisations with its holistic and intelligent GRC platform. Whether addressing cyber risk, data privacy, third parties, or compliance demands, SureCloud has a proven record of empowering organisations to continuously identify, manage and automate their risk and regulatory alignment.

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