Governance, Risk, and Compliance release notes Release version: Xanadu Updated August 1, 2024 1 minute to readGovernance, Risk, and Compliance new and updated features in the Xanadu release Advanced Risk release notesThe ServiceNow® Advanced Risk application enables you to identify, analyze, evaluate, treat, and monitor risks that could impact your organization in achieving its business objectives. Advanced Risk was enhanced and updated in the Xanadu release.Audit Management release notesThe ServiceNow® Audit Management application supports activities related to planning audit engagements, executing engagements, and reporting findings to an audit committee. Audit Management was enhanced and updated in the Xanadu release.Business Continuity Management release notesThe ServiceNow® Business Continuity Management application enables your organization to continue to deliver products and services at an acceptable level during disruptive events such as power outages, extreme weather, or equipment damage. Business Continuity Management was enhanced and updated in the Xanadu release.Common Governance, Risk, and Compliance feature release notesThe ServiceNow® Governance, Risk, and Compliance (GRC) application enables an organization to continue to provide its business services during adverse operational events, such as a pandemic, extreme weather, or hacking. Governance, Risk, and Compliance was enhanced and updated in the Xanadu release.Compliance Case Management release notesThe ServiceNow® Compliance Case Management application helps you to report, investigate, analyze, and resolve a compliance case or raise a compliance request in a centralized location. Compliance Case Management was enhanced and updated in the Xanadu release.Continuous Authorization and Monitoring release notesThe ServiceNow® Continuous Authorization and Monitoring (CAM) application provides a standardized approach to defining an authorization package and walking through the seven stages of the NIST Risk Management Framework (NIST RMF). Continuous Authorization and Monitoring (CAM) was enhanced and updated in the Xanadu release.Operational Resilience release notesThe ServiceNow® GRC: Operational Resilience Workspace application supports organizations in keeping business services running during adverse events like pandemics, severe weather, or cyber attacks. Operational Resilience was enhanced and updated in the Xanadu release.Policy and Compliance Management release notesThe ServiceNow® Policy and Compliance Management application provides a centralized process for creating and managing policies, standards, and internal control procedures that are cross-mapped to external regulations and benchmarks. Policy and Compliance Management was enhanced and updated in the Xanadu release.Privacy Management release notesThe ServiceNow® Privacy Management application enables you to manage your organization's privacy risks and compliance to protect your customers, employees, and suppliers. Privacy Management was enhanced and updated in the Xanadu release.Regulatory Change Management release notesThe ServiceNow® Regulatory Change Management application enables you to check upcoming regulatory changes, assess their impact, and implement risk and compliance-related changes. The application verifies the overall regulatory compliance. Regulatory Change Management was enhanced and updated in the Xanadu release.Smart Assessment Engine release notesThe ServiceNow® Smart Assessment Engine (SAE) application helps you to reduce the manual burden and costs of your assessment processes through automation. Smart assessments can help you with evaluating various situations, aspects, or records. SAE is a new application in the Xanadu release.Third-party Risk Management release notesThe ServiceNow® Third-party Risk Management (TPRM) application provides a centralized process for managing your portfolio of third parties and their engagements, assessing and scoring risk, and performing remediation. TPRM was enhanced and updated in the Xanadu release.
Governance, Risk, and Compliance release notes Release version: Xanadu Updated August 1, 2024 1 minute to readGovernance, Risk, and Compliance new and updated features in the Xanadu release Advanced Risk release notesThe ServiceNow® Advanced Risk application enables you to identify, analyze, evaluate, treat, and monitor risks that could impact your organization in achieving its business objectives. Advanced Risk was enhanced and updated in the Xanadu release.Audit Management release notesThe ServiceNow® Audit Management application supports activities related to planning audit engagements, executing engagements, and reporting findings to an audit committee. Audit Management was enhanced and updated in the Xanadu release.Business Continuity Management release notesThe ServiceNow® Business Continuity Management application enables your organization to continue to deliver products and services at an acceptable level during disruptive events such as power outages, extreme weather, or equipment damage. Business Continuity Management was enhanced and updated in the Xanadu release.Common Governance, Risk, and Compliance feature release notesThe ServiceNow® Governance, Risk, and Compliance (GRC) application enables an organization to continue to provide its business services during adverse operational events, such as a pandemic, extreme weather, or hacking. Governance, Risk, and Compliance was enhanced and updated in the Xanadu release.Compliance Case Management release notesThe ServiceNow® Compliance Case Management application helps you to report, investigate, analyze, and resolve a compliance case or raise a compliance request in a centralized location. Compliance Case Management was enhanced and updated in the Xanadu release.Continuous Authorization and Monitoring release notesThe ServiceNow® Continuous Authorization and Monitoring (CAM) application provides a standardized approach to defining an authorization package and walking through the seven stages of the NIST Risk Management Framework (NIST RMF). Continuous Authorization and Monitoring (CAM) was enhanced and updated in the Xanadu release.Operational Resilience release notesThe ServiceNow® GRC: Operational Resilience Workspace application supports organizations in keeping business services running during adverse events like pandemics, severe weather, or cyber attacks. Operational Resilience was enhanced and updated in the Xanadu release.Policy and Compliance Management release notesThe ServiceNow® Policy and Compliance Management application provides a centralized process for creating and managing policies, standards, and internal control procedures that are cross-mapped to external regulations and benchmarks. Policy and Compliance Management was enhanced and updated in the Xanadu release.Privacy Management release notesThe ServiceNow® Privacy Management application enables you to manage your organization's privacy risks and compliance to protect your customers, employees, and suppliers. Privacy Management was enhanced and updated in the Xanadu release.Regulatory Change Management release notesThe ServiceNow® Regulatory Change Management application enables you to check upcoming regulatory changes, assess their impact, and implement risk and compliance-related changes. The application verifies the overall regulatory compliance. Regulatory Change Management was enhanced and updated in the Xanadu release.Smart Assessment Engine release notesThe ServiceNow® Smart Assessment Engine (SAE) application helps you to reduce the manual burden and costs of your assessment processes through automation. Smart assessments can help you with evaluating various situations, aspects, or records. SAE is a new application in the Xanadu release.Third-party Risk Management release notesThe ServiceNow® Third-party Risk Management (TPRM) application provides a centralized process for managing your portfolio of third parties and their engagements, assessing and scoring risk, and performing remediation. TPRM was enhanced and updated in the Xanadu release.