Gartner defines the privacy user experience (UX) as the components of an organization’s privacy program that directly touch an individual. These components provide transparency and control over individuals’ personal data, enabling them to manage and exercise preferences and rights. Privacy UX provides organizations with a compliance-backed foundation for responsible data use by consolidating and synchronizing individual choices across all touchpoints, thus enabling robust consent management and efficient subject rights processing. Central to most privacy laws are people, and their clarity and control over their personal data. The privacy UX enables individuals to control how much personal data to expose, to whom and for what purpose. It encompasses all the touchpoints where individuals meet and engage with organizations.
The third-party risk management (TPRM) technology market offers solutions to identify, assess, manage, monitor and report on third-party risks associated with vendors, suppliers, distributors, agents, partners or other third parties. Solutions in this market can support a wide range of TPRM workflows across various risk domains. TPRM platforms in this market address the needs of a diverse range of customers and risk domains, including legal, compliance, procurement, supply chain, IT, cybersecurity and other teams that work with or provide routine oversight of third parties. Some technology solutions offer enterprise third-party risk management workflow as a feature, along with risk tiering, due diligence, risk mapping, metrics and reporting mechanisms. Other platforms may facilitate integration with risk data subscriptions, data aggregators or other subscriptions. The TPRM technology market is a complex array of solutions servicing many business functions across an enterprise. TPRM solution providers can be categorized into technology platforms and tools, or risk-domain-specific data and insights.