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Diligent named a Leader in the 2026 Gartner® Magic Quadrant™ for Third‑Party Risk Management Tools

April 9, 2026
4 min read
Diligent was named a Leader in the 2026 Gartner® Magic Quadrant™ for Third‑Party Risk Management Tools
Jay Cameron

Jay Cameron

Senior Director, Product Marketing, Diligent

Diligent has been named a Leader in the 2026 Gartner® Magic Quadrant™ for Third‑Party Risk Management Tools for Assurance Leaders, recognized by Gartner with the highest Ability to Execute in TPRM.

This recognition reflects Diligent’s continued investment in AI‑driven governance, risk and compliance capabilities and builds on its prior recognition as a Leader in the 2025 Gartner® Magic Quadrant™ for Governance, Risk and Compliance Tools for the Diligent One Platform. That 2025 recognition made Diligent the only GRC company recognized as a Leader by all five major independent analyst firms: Chartis, Forrester, Gartner, IDC and Verdantix.

As third‑party risk becomes a growing priority for boards and executive leadership, organizations are increasingly looking for scalable ways to understand vendor dependencies, monitor risk continuously and meet evolving regulatory expectations. This Gartner Magic Quadrant report evaluates vendors in a market where differentiation and demand are accelerating — and where manual, spreadsheet‑based approaches are proving insufficient for today’s operating environment.

View the full report here.

Why third‑party risk management is under greater scrutiny

Organizations today rely on larger and more complex networks of vendors, suppliers and partners than ever before. These relationships introduce operational, regulatory, financial and reputational risk, often beyond the direct line of sight of assurance teams. As regulatory requirements expand and third‑party disruptions become more visible, leaders are under pressure to demonstrate continuous oversight — not just periodic assessments.

Traditional third‑party risk management programs, often built on static questionnaires and point‑in‑time reviews, struggle to provide this level of insight. They can limit visibility into vendor performance, make it difficult to track inherent and residual risk, and slow decision‑making as risk signals change.

Product innovation supporting Diligent’s TPRM strategy

Diligent’s recognition as a Leader comes as the company expands its risk management capabilities through the acquisition of 3rdRisk. With 3rdRisk, organizations gain a unified, near real‑time view of enterprise and third‑party risk, helping assurance teams better understand how external dependencies affect overall risk posture.

Built with responsible AI at its core, 3rdRisk automates key aspects of third‑party risk management, including:

  • Vendor profiling and criticality assessment
  • Assessment workflows and ongoing monitoring
  • Document analysis of contracts, certifications and third‑party evidence

By replacing spreadsheets and static questionnaires with automated, AI‑driven workflows, 3rdRisk enables faster, more consistent and more defensible oversight across large third‑party ecosystems.

Expanding visibility with continuous risk intelligence

In addition to 3rdRisk, Diligent recently announced Third‑Party Risk Intel, an agentic due diligence and intelligence solution designed to provide continuous visibility into third‑party risk signals. Third‑Party Risk Intel continuously screens third parties and maps ownership structures, sanctions exposure and adverse media, helping surface hidden and emerging risks that may otherwise go undetected.

Together, 3rdRisk and Third‑Party Risk Intel support a more proactive approach to third‑party risk management — enabling organizations to identify what matters most, respond earlier and reduce manual effort, all within the broader Diligent One Platform. These capabilities complement other AI‑enabled innovations across the platform, including AuditAI and SmartPrep 360.

What this recognition means for assurance leaders

We believe Diligent’s placement as a Leader in the 2026 Gartner Magic Quadrant reflects the company’s focus on enabling organizations to move beyond point solutions and manual processes toward continuous, integrated risk oversight. For assurance leaders, this approach supports:

  • Greater visibility into third‑party dependencies and performance
  • More efficient, scalable risk management processes
  • Improved confidence in risk assessments used for executive and board reporting

As third‑party risk continues to intersect with enterprise risk, compliance and governance priorities, having a unified platform becomes increasingly important.

Learn more

To explore the evaluation and see how Gartner assesses third‑party risk management tools market‑wide, view the 2026 Gartner® Magic Quadrant™ for Third‑Party Risk Management Tools for Assurance Leaders.

Check out the full report.

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Gartner, Magic Quadrant for Third-Party Risk Management Tools for Assurance Leaders, Antonia Donaldson, Nicholas Sworek, 6 April 2026

Gartner and Magic Quadrant are trademarks of Gartner, Inc., and/or its affiliates.

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from DILIGENT BOARD MEMBER SERVICES – NY.

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