May 25, 2021
Chartis Research ranks PwC as an industry leader for governance, risk and compliance solutions that operate at enterprise scale. According to the report titled “GRC Markets and Vendor Analysis”, PwC achieved a category leader status for eGRC solutions in Third-party Risk Management, Internal Audit, Model Risk Management, and Operational Risk, and a Best in Class ranking in GRC Analytics. According to the Analysts at Chartis, “PwC combines a breadth of functionality, technology and content with the deep risk and regulator consulting and organizational characteristics to capture a significant and growing place in the eGRC market. The Analyst goes on to say that “ PwC has a demonstrable track record of R&D investment with specific product and capabilities needed to deliver a competitive advantage to its clients through effective and efficient enterprise risk management functions.”
In this report, Chartis highlights the contributions of a number of PwC risk products and their related services, including: Enterprise Insights, Risk Command, Third Party Tracker, True Comply, Matter Now, Model Edge, Risk Proof, as well as other tech-enabled solutions the firm has developed. These products represent PwC's commitment to bring human and tech powered solutions to address complex client problems.
Vikas Agarwal, Partner and Global Lead for PwC Risk Products group, said: “We greatly appreciate the recognition of Chartis Research for our work to bring innovative products and services to what clients need today to transform these critical first, second, and third line enterprise risk functions.”
Elizabeth McNichol, Partner in PwC’s Cyber, Risk and Regulatory practice, goes on say: “Adding these purpose built products to our highly respected cyber, privacy, and risk consulting solutions is just another example of PwC’s commitment to deliver trust and sustainable risk management outcomes to our clients and the market as a whole. We are proud to be among top technology providers in this market.”