90% of firms still rely on spreadsheets to manage third‑party lifecycle processes—driving manual effort, inconsistent controls, and heightened governance risk. Legacy tools fail to surface emerging risks or provide clear visibility of services consumed, performance, and cost. Oversight is fragmented, contracts are complex, and accountability is blurred—slowing decision‑making, obscuring contracted services, increasing value leakage, inflating service costs, and weakening operational resilience.

These inefficiencies cost wealth and investment managers over £1.5bn annually. With rising cost pressures, tightening margins, and intensifying regulatory expectations, firms need scalable, enterprise‑grade solutions to govern and manage their supply chains effectively.