Agentic AI and generative AI (Gen AI) features for Integrated Risk Management (IRM), powered by Now Assist, enhance analysts' productivity, team coordination, and overall efficiency.
Issue summarization:
The Now Assist for IRM application can quickly analyze an issue record, including the description, activity log, and remediation tasks, and then generate a concise summary that provides you with the information needed to quickly understand the context of the issue.
Issue resolution agentic workflow:
Optimize GRC Issue Resolution is an agentic workflow in the Integrated Risk Management application that helps issue managers and analysts quickly resolve GRC issues by leveraging AI agents in the Now Assist panel. This agentic workflow helps by suggesting targeted solutions for key steps during the issue resolution process.
Risk assessment summarization:
Risk assessment summary generation uses generative AI to support assessors during submissions and provide approvers or other stakeholders with a quick overview of assessment progress and key insights.
Control objective rationalization and deduplication:
The control objective rationalization and deduplication process leverages generative AI to identify similar or duplicate control objectives, enabling teams to consolidate them by retaining one, retiring duplicates, or merging them into a common control objective, enhancing overall efficiency and effectiveness across compliance operations.
Risk Event Summarization:
Risk event summarization feature helps risk managers to quickly understand the context and key details of a risk event, even when multiple coordinators have been involved over time. This feature streamlines onboarding for new assignees and enhances decision-making efficiency for approvers, especially in multi-level approval workflows by providing concise, AI-generated summaries of each event.
Rationalization of Control objectives
Skill for creation of common control objective as a part of Rationalization process for control objectives.
Control recommendation on Regulatory alert
Skill for recommending controls for an incoming regulatory alert.
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Now Assit Platform AI performance improvement uptakes
Requirements:
- Now Assist for Platform to be installed
 - GRC: Risk Management Workspace/GRC: Compliance Management Workspace (minimum version needed is 21.x).
 - Requires AI Search to be enabled on the instance.
 - The generative AI skills and the agentic workflows need activation through Now Assist Admin or Agentic AI Studio.