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Business

Diligent Named a Leader in the IDC MarketScape Worldwide Third-Party Risk Management Software 2026 Vendor Assessment

Financial Post ·

NEW YORK — Diligent , the AI leader in governance, risk and compliance ( GRC ) solutions, today announced it has been named a Leader in the IDC MarketScape: Worldwide Third-Party Risk Management Software 2026 Vendor Assessment (doc #US53007725, September 2026).

The recognition builds on Diligent’s momentum across major analyst evaluations and reflects its continued investment in AI-powered governance, risk and compliance. With the integration of 3rdRisk , the AI-native third-party risk management solution acquired in January 2026, organizations can move beyond manual, spreadsheet-based processes to more automated workflows that deliver better visibility, stronger oversight and greater confidence in reporting.

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“Third-party risk is no longer something teams can manage manually and revisit once a quarter,” said Scott Bridgen, General Manager, Risk & Audit at Diligent. “Organizations need a more modern approach that helps them manage risk proactively, act with confidence and report with greater precision. With 3rdRisk, teams can use AI to automate onboarding, assessments and ongoing monitoring, helping move toward audit-readiness in weeks rather than quarters.”

The IDC MarketScape notes, “Built with AI at its core, 3rdRisk automates vendor onboarding, profiling, assessment workflows, and document analysis of contracts, certifications and other third-party evidence, enabling audit-readiness in weeks rather than quarters.” The report also states, “3rdRisk gives organizations a single view of all third-party relationships and corresponding risks, enabling earlier issue identification, reduced exposure to high-risk third parties, and stronger board and regulatory readiness — directly reinforcing Diligent’s board-to-operations governance vision.”

Diligent’s third-party risk capabilities span the full third-party lifecycle — from onboarding and risk assessment to continuous monitoring and board-level reporting — within a single, unified platform. Powered by 3rdRisk’s AI-native technology, organizations can automate time-intensive workflows, rapidly analyze third-party documentation, and maintain real-time visibility into supplier risk, reducing friction while strengthening control.

“Third-party risk management has become a critical priority for organizations as they navigate increasingly complex supplier ecosystems and heightening regulatory expectations,” said Phil Harris, Research Director, Governance, Risk & Compliance Services of IDC.

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