Combined Advanced Risk release notes for upgrades from Xanadu to Zurich
Summarize
Summary of Combined Advanced Risk Release Notes for Upgrades from Xanadu to Zurich
This consolidated release note details the new features, changes, removals, and enhancements for Advanced Risk as customers upgrade from the Xanadu through Yokohama to the Zurich release. It serves as a comprehensive guide to help ServiceNow customers understand the evolution of Advanced Risk capabilities, important upgrade considerations, and practical application improvements in risk and compliance management across releases.
Show less
Key Features
- Create Multidimensional Entities: Starting in Xanadu, customers can define composite entity classes by combining multiple entity classes (e.g., Company | Department | Business Process) to manage risks and compliance workflows at a composite entity level. This is supported in both classic UI and Risk Workspace, with entity creation exclusively in Risk Workspace.
- Bulk Risk and Control Assessment: Initiate risk assessment projects to assess multiple risks and controls simultaneously, improving efficiency and consistency. This bulk assessment is supported in Risk Workspace.
- Risk Assessment Project Roles: New roles were introduced to control access and permissions related to risk assessment projects, enhancing governance.
- Enhanced Risk Response Workflow: A uniform workflow for all risk response tasks, multi-level configurable approvals, rejection with rework capabilities, and linking of action items streamline risk response management.
- Issue Linking with Risk Assessments: Users can create or link existing open issues directly within risk assessments and visualize issue details through configurable cards.
- Improved Risk Event and Risk Identification Workflows: Standardized workflows with multi-level approvals and rejection handling improve task management. Smart Assessment Engine enhances risk identification questionnaires for better user experience and template migration.
- Currency Conversion Configuration: Define specific currency conversion dates to improve accuracy of net loss calculations in risk events, with override capabilities in templates.
- Reopen Closed Risk Events: Flexibility to update closed risk events with new information, either individually or in bulk, reducing redundant event creation.
- Generative AI Integration: From Yokohama onward, generative AI capabilities assist with summarizing risk assessments and risk events, providing approvers with clear, actionable insights and context.
- Reassessment and Risk Management Enhancements: Features support reassessment of projects with automatic carryover of risks and copied responses, removal of irrelevant risks during assessment, and reassignment of assessors to optimize resource allocation.
- Risk Suggestion AI Agent (Zurich): An AI agent automatically identifies and suggests risks related to an entity, helping risk managers discover potential risks and streamline risk register updates.
- Reporting Views and Matrix Report: Automatically generated reporting views for Risk Assessment Methodologies (RAM) consolidate assessment data to simplify reporting and dashboard creation. Matrix reports provide a centralized, configurable grid for analyzing organizational risk posture.
- Grid-Based Risk and Control Assessment: Spreadsheet-style interface allows efficient side-by-side comparison, bulk editing, and prioritization of risks and controls.
- Third-Party Large Language Model Support: Risk assessment and event summarization now support LLMs from providers like Anthropic Claude, Google Gemini, and OpenAI, offering flexible AI model options beyond Now LLM.
- Accessibility Improvements: The Risk Heatmap now supports reflow and high zoom levels (up to 400%) without loss of content or functionality, enhancing usability for users with low vision or accessibility needs.
- Deprecations and Removals: The Risk portal has been deprecated in Xanadu with a new navigation link provided. The Tasks widget was removed from the Risk Workspace home page in Zurich to improve load performance.
Upgrade Considerations and Activation
- Before upgrading to Zurich, customers should review pre- and post-upgrade tasks to ensure smooth transition.
- Advanced Risk must be installed and updated via requests to the ServiceNow Store across all releases.
- Generative AI features and skill activations are turned on by default for new customers and selectively activated for existing customers starting from Yokohama Patch 11 and Zurich Patch 4.
- Browser and localization requirements remain unchanged across releases.
Practical Benefits for ServiceNow Customers
- Manage complex organizational risk structures effectively through multidimensional entities.
- Increase assessment efficiency by handling multiple risks and controls simultaneously in bulk projects.
- Enhance risk response workflows with streamlined approvals, task rejections, and linked action items to improve collaboration and accountability.
- Leverage AI-powered summarization and risk suggestions to speed decision-making and uncover hidden risks.
- Utilize configurable reporting and matrix views to gain comprehensive insight into risk posture and trends.
- Ensure compliance and accessibility with improved UI features and accessibility enhancements.
Consolidated page of all release notes for Advanced Risk from Xanadu to Zurich.
How to use this page
To help you prepare for your upgrade, we have combined the cross-family Advanced Risk release notes onto one page. Read this summary of the new features, changes, and updated information for your product from Xanadu to Zurich.
Important information for upgrading Advanced Risk to Zurich
Before you upgrade to Zurich, review these pre- and post-upgrade tasks and complete the tasks as needed.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
No updates for this release. |
New features
Between your current release family and Zurich, new features were introduced for Advanced Risk.
| Release | Release notes |
|---|---|
Xanadu |
|
Yokohama |
|
Zurich |
|
Changes
Between your current release family and Zurich, some changes were made to existing Advanced Risk features.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
|
Zurich |
Removed
Between your current release family and Zurich, some Advanced Risk features or functionality were removed.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
To enhance the Risk Workspace home page load performance and reduce latency, the Tasks widget has been removed from the home page. |
Deprecations
Between your current release family and Zurich, some Advanced Risk features or functionality were deprecated.
| Release | Release notes |
|---|---|
Xanadu |
|
Yokohama |
No updates for this release. |
Zurich |
No updates for this release. |
Activation information
Review information on how to activate Advanced Risk.
| Release | Release notes |
|---|---|
Xanadu |
Install Advanced Risk by requesting it from the ServiceNow Store. Visit the ServiceNow Store website to view all the available apps and for information about submitting requests to the store. For cumulative release notes information for all released apps, see the ServiceNow Store version history release notes. |
Yokohama |
Install Advanced Risk by requesting it from the ServiceNow Store. |
Zurich |
Install Advanced Risk by requesting it from the ServiceNow Store. |
Additional requirements
If any additional requirements were introduced or changed for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
No updates for this release. |
Browser requirements
If any specific browser requirements were introduced or changed for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
No updates for this release. |
Accessibility information
Review details on accessibility information for Advanced Risk, such as specific requirements or compliance levels.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
|
Localization information
If there are specific localization considerations for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Xanadu |
No updates for this release. |
Yokohama |
No updates for this release. |
Zurich |
No updates for this release. |
Highlight information
If there are specific highlight considerations for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Xanadu |
See Advanced Risk Assessment for more information. |
Yokohama |
See Advanced Risk Assessment for more information. |
Zurich |
See Advanced Risk Assessment for more information. |