Exploring Now Assist for Integrated Risk Management (IRM)

  • Release version: Zurich
  • Updated July 31, 2025
  • 2 minutes to read
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    Summary of Exploring Now Assist for Integrated Risk Management (IRM)

    The Now Assist for Integrated Risk Management (IRM) application leverages generative AI to enhance key IRM tasks, such as summarizing issues, identifying risks, and reviewing controls. This integration aids in managing issues, risks, controls, and policy exceptions more efficiently.

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    Key Features

    • AI-Powered Assistance: Simplifies and accelerates routine IRM tasks by embedding AI support directly within your records.
    • Insight Generation: Provides quick insights into IRM data, minimizing the need for manual documentation review.
    • Risk Identification: Analyzes existing data to identify potential risks early.
    • Enhanced Decision-Making: Offers AI-generated insights at critical points in your workflows.
    • Agentic Workflows: Utilize AI agents to create action plans and suggest remediation tasks for Governance, Risk, and Compliance (GRC) issues.
    • Summarization Skills: Automatically generate concise summaries of issues and regulatory alerts, improving team efficiency and compliance management.

    Key Outcomes

    By utilizing Now Assist for IRM, customers can expect improved organizational efficiency, better team coordination, and enhanced productivity through streamlined processes. The application also supports regulatory compliance by providing timely insights and recommendations on relevant changes.

    Next Steps

    To maximize the benefits of Now Assist for IRM, consider exploring the following:

    • Configuring and using Now Assist for IRM
    • Activating skills and agentic workflows
    • Customizing the issue summarization skill
    • Utilizing the Control Objective Impact Analyzer and Change Agent for regulatory compliance

    With the Now Assist for Integrated Risk Management (IRM) application, you can use generative AI to support key Integrated Risk Management (IRM) tasks such as summarizing issues, identifying risks, and reviewing controls. These capabilities are integrated into IRM records and help streamline how you work with issues, risks, controls, policy exceptions, and more.

    Now Assist for IRM overview

    Now Assist for IRM enables you to use AI-driven skills and agentic workflows focused on Integrated Risk Management. Now Assist for IRM is available based on entitlements.

    Now Assist for IRM benefits

    Now Assist for IRM offers the following benefits

    • Simplify and speed up routine IRM tasks with AI-powered assistance embedded in your records.
    • Gain quick insights into IRM data without manually parsing through detailed documentation.
    • Identify potential risks early by analyzing patterns in existing data.
    • Improve decision-making with AI-generated insights available directly in your workflows.

    Now Assist for IRM workflows/skills

    Table 1. Agentic workflows
    Workflow Feature User role
    Using agentic workflows in Now Assist for Integrated Risk Management (IRM) agentic workflow Leverage the power of AI agents to generate an action plan and suggest remediation tasks for a GRC issue.
    • sn_grc_genai.issue_user
    • sn_irm_gen_ai.user
    • sn_grc_genai.issue_aiagent_user
    • sn_grc_comp_genai.reg_change_ai_user
    Control Objective Change Agent Automates updates to impacted control objectives when citation changes occur, ensuring descriptions and supplemental guidance remain accurate and aligned with evolving regulatory requirements. sn_irm_gen_ai.user
    Table 2. Generative AI skills
    Skill Feature User role
    Issue Summarization skill

    Analyze issue records using generative AI to generate concise summaries, improving organizational efficiency, team coordination, and productivity.
    • sn_grc_genai.issue_user
    • sn_irm_gen_ai.user
    AI-generated recommendations for similar control objectives Control objective rationalization streamlines risk and compliance management by eliminating redundant or overlapping control objectives, improving efficiency while ensuring compliance.
    • sn_irm_gen_ai.user
    • sn_comp_case.compliance_​case_analyst
    • sn_comp_case.compliance_​case_manager
    Risk Assessment Summarization Use Now LLM Service to generate risk assessment summaries from inherent, residual, target risks, and control effectiveness data. These summaries highlight key factors and relevant comments, helping assessors and approvers gain actionable insights.
    • sn_grc_sharegenai.risk_asmt_user
    • sn_risk_advanced.ara_assessor
    • sn_risk_advanced.ara_approver
    • sn_irm_gen_ai.user
    Regulatory Alert Summarization skill

    Leverage Now LLM Service to distill regulatory information into concise, business-relevant summaries that highlight most important changes, deadlines, and actions required for compliance in real-time.
    • sn_grc_reg_change.user
    • sn_grc_comp_genai.reg_change_ai_user
    Regulatory alert recommendation skills Use these skills to identify relevant citations, control objectives, controls, and policies linked to incoming regulatory changes. They streamline the compliance process and reduce manual effort by automatically analyzing regulatory alerts and recommending the most applicable impacted areas for your organization.
    • sn_grc_reg_change.user
    • sn_grc_comp_genai.reg_change_ai_user
    Control Objective Impact Analyzer Evaluates citation updates and identifies which associated control objectives require attention. Displays impacted objectives and works with the Control Objective Change Agent for further updates. sn_irm_gen_ai.user

    What to explore next

    To learn more about configuring and using Now Assist for IRM, see: