GRC Solutions, 2021: Market Update and Vendor Landscape

This report contains Chartis’ updated view of the market and vendor landscape for governance, risk and compliance (GRC) solutions. Contains 8 RiskTech Quadrants.

Updates Chartis’ 2019 GRC quadrant report. Market shifts in 2020 saw rapid growth of GRC, an already extensive and expanding discipline that now covers a diverse range of sub-segments which have become fixtures of financial institutions’ risk management frameworks. The rapid growth in GRC has occurred because of increasing integration, a heightened focus on technology and operational issues, and the growing involvement of the front office in recent years, accelerated by the pandemic. As GRC’s constituent sub-segments become ever more specialized and sophisticated, we consider the technology and industry trends that will continue to shape the future of GRC solutions.

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