ServiceNow Otto for Third-party Risk Management (TPRM)
Summarize
Summary of ServiceNow Otto for Third-party Risk Management (TPRM)
ServiceNow Otto for Third-party Risk Management (TPRM), introduced in the Zurich release, automates the collection and analysis of third-party risk data using generative AI capabilities. It transforms the previous Now Assist for TPRM into a more advanced AI-powered solution that enhances risk issue management through AI-generated summaries and recommendations. This application helps organizations efficiently identify, interpret, and act on third-party risk issues by leveraging historical data and assessment responses.
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Key Features
- Generative AI Skills: The application includes AI-driven skills such as
- TPRM Issue Summarization: Automatically generates concise summaries of third-party risk issues to improve organizational efficiency and team collaboration.
- TPRM Issue Recommendation: Provides AI-powered recommendations for risk issues based on Smart Assessment Engine responses and historical data, supporting more consistent and efficient reviews.
- Role Assignments: The TPRM GenAI User role is automatically granted to Third-party Assessment reviewers to enable access to these AI skills.
- Licensing and Access: Access to AI features depends on customer entitlements and specific licenses, with some AI capabilities restricted in certain geographic regions or regulated environments.
- Data Processing and Privacy: To deliver AI capabilities, data is transferred securely to centralized environments, potentially involving third-party cloud providers, and is managed under ServiceNow’s compliance policies. Customers can opt out of data collection.
Important Considerations
- AI outputs are predictive and may not always be fully accurate or appropriate; human oversight is required.
- Not all AI model providers or features are available in all regions or regulated markets; customers should verify availability based on their location and compliance requirements.
- ServiceNow’s AI Acceptable Use Policy governs the responsible use of AI features within the application.
Next Steps for Customers
- Configure and activate the AI capabilities within the TPRM application to enable issue summarization and recommendation skills.
- Leverage the AI-generated summaries and recommendations to streamline third-party risk issue reviews and improve decision-making efficiency.
- Refer to supporting documentation for detailed configuration and usage guidance.
With the ServiceNow Otto for Third-party Risk Management (TPRM) application, you can use skills to automate the collection of TPRM risk data.
ServiceNow Otto for TPRM overview
The following generative AI capabilities are available in ServiceNow Otto for TPRM:
Learn the details of a third-party risk issue from AI-generated summaries, and use AI-driven recommendations to identify potential third-party risk issues based on assessment responses and historical data.
Starting with Zurich Patch 12, Now Assist for Third-party Risk Management is now ServiceNow Otto® for TPRM. Your product entitlements remain unchanged. Check your entitlements to determine your access to specific features.
ServiceNow Otto for TPRM skills
ServiceNow Otto for TPRM includes generative AI capabilities that help you interpret and act on TPRM records more efficiently. These capabilities support tasks such as summarizing TPRM issue details and recommending TPRM issues.
| Skill | Feature | User role |
|---|---|---|
| TPRM Issue Summarization | Uses generative AI to create a quick summary for the third-party risk issue record helping to support organizational efficiency, team coordination, and productivity. |
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| TPRM Issue Recommendation | Uses generative AI to generate third‑party risk issue record recommendations, helping to support more efficient reviews and more consistent outcomes across teams. |
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- Not all model providers are available for customers with in-country SKUs, and some AI products/features are currently unavailable for in-country customers. For more information, see the KB1584492 article in the Now Support Knowledge Base. Be sure to check for model provider availability updates in future releases.
- Some AI products/features are currently unavailable for customers in the FedRAMP, NSC DOD IL5, or Australia IRAP-Protected data centers, self-hosted customers, or in other restricted environments. For more information, see the KB0743854 article in the Now Support Knowledge Base. Be sure to check for availability updates in future releases.
- Some AI products/features are currently available only for customers in some regions. Be sure to check for availability updates in future releases.
- Some AI products and skills are not available in Regulated Markets. For more information, see KB2593939: Regulated Markets AI Products/Skills Not Available. Be sure to check for availability updates in future releases.
Troubleshoot and get help
AI limitations
This application uses artificial intelligence (AI) and machine learning, which are rapidly evolving fields of study that generate predictions based on patterns in data. As a result, this application may not always produce accurate, complete, or appropriate information. Furthermore, there is no guarantee that this application has been fully trained or tested for your use case. To mitigate these issues, it is your responsibility to test and evaluate your use of this application for accuracy, harm, and appropriateness for your use case, employ human oversight of output, and refrain from relying solely on AI-generated outputs for decision-making purposes. This is especially important if you choose to deploy this application in areas with consequential impacts such as healthcare, finance, legal, employment, security, or infrastructure. You agree to abide by ServiceNow’s AI Acceptable Use Policy, which may be updated by ServiceNow.
Data processing
This application requires data to be transferred from ServiceNow customers' individual instances to a centralized ServiceNow environment, which may be located in a different data center region from the one where your instance is, and potentially to a third-party cloud provider, such as Microsoft Azure. This data is handled per ServiceNow's internal policies and procedures, including our policies available through our CORE Compliance Portal.
Data collection
ServiceNow collects and uses the inputs, outputs, and edits to outputs of this application to develop and improve ServiceNow technologies including ServiceNow models and AI products. In addition, this application will collect incident data (for Incident Assist and Knowledge Assist) and chat transcripts (for Chat Assist). Customers can opt out of future data collection at any time, as described in the Now Assist Opt-Out page.
For more information, see the Now Assist documentation.
What to explore next
- Supporting information for ServiceNow Otto for Third-party Risk Management (TPRM)
- Configure AI capabilities in Third-party Risk Management
- Activate the TPRM issue summarization skill
- Activate TPRM issue recommendation skill
- TPRM issue summarization skill
- TPRM issue recommendation skill
- Generate a summary of a TPRM issue
- Generate issue recommendations for TPRM
- Create or dismiss issues using recommendations