The risk solution landscape is complicated

As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the risk management landscape.

Many solutions exist to manage risk in its broadest definition. However, they don’t necessarily all have the same focus and capabilities. There are different high-level segments and even within a segment the coverage varies from one provider to the other.

This article focuses on the main risk dimensions and highlights how providers within a particular segment differentiate themselves from their peers and from the other segments. It covers the following:

Suites

Supplier management solutions (with enhanced risk capabilities)

TPRM solutions

SCRM solutions

Contract (risk) management solutions

GRC solutions

Risk information and content originators