OVERLAND PARK, KANSAS — December 20, 2016 — LockPath, a leader in governance, risk management and compliance (GRC) solutions, today announced it has been recognized in Gartner, Inc.’s Magic Quadrant for Operational Risk Management (ORM) Solutions.
LockPath was one of 14 vendors evaluated in the Gartner report, which was published Dec. 13, by analysts John A. Wheeler and Jie Zhang. The report, which aims to help organizations evaluate ORM software solutions, recognized LockPath for its Keylight Platform, as a Visionary in the space.
“Security and risk management leaders are seeking to integrate their risk management solutions to gain a more holistic view of risk across the enterprise,” wrote Wheeler and Zhang in the report. “Operational risk management solutions serve as the core element of integrated risk management.”
The Keylight Platform supports enterprise efforts to identify, manage, measure and report on operational risks, as they relate to strategic objectives. The platform’s integrated approach to risk management allows organizations to coordinate efforts across the business to effectively manage risk in a changing environment. Keylight helps manage daily business activities related to operational risk, including policy management, Key Risk Indicator (KRI) monitoring, risk and control documentation, risk monitoring and reporting, workflow and approvals, and risk exception processing.
“We are thrilled to be included in this year’s Magic Quadrant, as operational risk management continues to be a major concern for organizations,” said Chris Caldwell, Chief Executive Officer at LockPath. “Keylight helps businesses strengthen risk management efforts by gathering all risk data in one place to foster visibility across the organization.”
Visit lockpath.com for more information on LockPath and the Keylight Platform. For more information or to obtain Gartner’s Magic Quadrant for Operational Risk Management Solutions, visit Gartner’s website.
About Gartner’s Magic Quadrant
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, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 automate business processes, reduce enterprise risk and demonstrate regulatory compliance 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.