Read All About It: LogicGate’s Risk Cloud a “Strong Performer” on The TPRM Forrester Wave™
LogicGate | May 16, 2022
At Forrester, they know that risk managers turn to their Forrester Wave™ reports for insights in the areas that matter most to them. That’s why we are happy to share that LogicGate was recently named a "Strong Performer" on The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 report. We enjoy and celebrate our recognitions at LogicGate, especially ones like these, because Forrester points out your strengths, pulls no punches, and mentions where there is room for improvement. Sure, adulation helps morale, but what drives LogicGate is our constant striving to be the best.
Forrester points out that after our $113 million Series C round in July 2021, "LogicGate's product and marketing strategy investment is paying off."
Some other key highlights about LogicGate’s TPRM solution include from its vendor profile:
A straightforward and unambiguous pricing model
A good fit for lean teams who don't want to sacrifice platform configurability
A focus on simplicity and flexibility to help teams accomplish their risk management needs
A strong roadmap that prioritizes continuous monitoring, risk contextualization, and prioritization features
The in-house content development team is a strength
Ability to consume financial impact scores (via BlackKite integration) and flexible questionnaire customization
Usability and flexibility are essential at LogicGate, so we are pleased that Forrester pointed out that we view usability as "the key to TPRM adoption as [LogicGate] moves up from the midmarket to attract enterprise buyers."
While we received the highest score possible in the customer community and planned enhancement criteria, we know the best is yet to come! We will celebrate this recognition, but we'll also be back on it to help our customers risk smarter. Our in-house teams are already busying themselves with providing more sophisticated functionality for performance analysis, multi-level assessment, and InfoSec options. We are planning enhancements for better workflows and version control of audit trails, reports, and analytics so we can continue to help our customers know risk, and know reward.