It’s an exciting day to be a part of the Shared Assessments third party-risk community! Today we announced we have signed a definitive agreement to be acquired by OneTrust, the #1 fastest-growing company on the Inc. 500 and category-defining software platform to operationalize privacy, security, and third-party risk management (TPRM).
Rest assured, our commitment to vendor neutrality remains unchanged. The company, including the Standardized Information Gathering Questionnaire (SIG), Shared Assessments Summit, and Shared Assessments certifications, will continue to work with vendors, licensees, and members across the industry.
Our decision to team with OneTrust will provide us with the additional resources we need to stay at the leading edge in third–party risk management without compromising the member driven culture that has made Shared Assessments so successful.
The best part? There are no planned changes in the benefits you receive as members or your interaction with Shared Assessments staff, other than our ability to provide expanded services to our members and the TPRM community in the future.
Register for the Webinar: OneTrust to Acquire Shared Assessments: Fueling the Global Demand for Third-Party Risk Standardization
For the past 15 years we have worked to develop best practices, education and tools to help organizations better manage third–party risk, using controls for cybersecurity, IT, privacy data security and business resiliency. More than 15,000 organizations worldwide use our third-party risk toolkit to uncover liabilities, weaknesses, and areas of improvement across all vendors.
As we continue on our mission to deliver third-party risk management, certification and tools, we look forward to bringing the entire Shared Assessments community, as well as every Shared Assessments employee, along for the journey. We plan to remain a vendor-neutral industry organization, but as part of OneTrust, we will have the capital and global reach necessary to grow the SIG and scale it into the de facto international third-party risk standard.
Hear what our founder Catherine A. Allen has to say about the acquisition: “We are very excited about this strategic partnership and planned acquisition by OneTrust. Shared Assessments will have a unique opportunity to continue the vendor-neutral, thought leadership role we play in the third-party risk community, now with increased investment and global reach. We’ll have more resources to help us more quickly drive standards in the industry, grow internationally, and provide more industry education and events. We’re excited to be a part of OneTrust and Kabir Barday’s culture of integrity and respect for the individual, which fits with our team and culture. Our joint vision of collaborative efforts within the industry will benefit third–party risk management as a whole, and enable Shared Assessments to stay at the forefront of the industry and global adoption of standardization.”
If you’d like to learn more about the acquisition, register for the webinar, where Shared Assessments CEO Cathy Allen and OneTrust CEO Kabir Barday will discuss how Shared Assessments plans to grow as a part of OneTrust.
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(Edited: as of May 28, 2021 OneTrust has officially acquired Shared Assessments)