Integrated Risk Management IRM
ServiceNow IRM Implementation for Connected Enterprise Risk and Compliance Operations
Tech Wave helps organisations worldwide design, implement, and optimise ServiceNow Integrated Risk Management. Build one connected risk environment for enterprise risk, policy and compliance, audit, business continuity, third-party risk, privacy, operational risk, operational resilience, regulatory change, ESG support, security operations alignment, and AI governance.
Outcome: Improve risk visibility, strengthen compliance control, reduce manual governance work, and give leadership clearer insight into exposure, obligations, remediation, and resilience.
Modern ServiceNow IRM for Enterprise Risk Operations
What is ServiceNow IRM?
ServiceNow Integrated Risk Management is a connected platform approach for managing enterprise risk, policy and compliance, audit, business continuity, third-party risk, privacy, operational risk, operational resilience, and regulatory change activities.
Tech Wave focuses on practical implementation: risk framework design, process discovery, data model planning, control structure, workflow configuration, dashboards, integration planning, training, and continuous optimisation.
Connected risk visibility
Stronger compliance control
Audit ready operations
Worldwide scalability
Products and Support Products Included in Integrated Risk Management
Core ServiceNow IRM Products
Use these products to build a structured foundation for enterprise risk, compliance, audit, continuity, third-party risk, privacy, operational risk, resilience, and regulatory change.
Integrated Risk Management
Unify enterprise risk, compliance, audit, continuity, third-party risk, privacy, operational risk, and regulatory change activities in one connected risk operating model.
- Connected risk framework
- Enterprise control visibility
- Risk informed decisions
Enterprise Risk Management
Identify, assess, prioritise, and monitor enterprise risks across business units, regions, processes, and strategic objectives.
- Risk registers and assessments
- Risk scoring and ownership
- Executive risk visibility
Policy and Compliance Management
Manage policies, controls, obligations, attestations, and compliance activities with structured workflows and evidence tracking.
- Policy lifecycle control
- Control testing support
- Compliance evidence tracking
Audit Management
Plan, execute, document, and report internal audit activities with clear findings, tasks, remediation tracking, and audit evidence.
- Audit planning and fieldwork
- Finding management
- Remediation follow up
Business Continuity Management
Prepare the organisation for disruption with business impact analysis, continuity plans, exercises, and recovery governance.
- Impact analysis
- Continuity planning
- Recovery readiness
Third Party Risk Management
Assess and monitor vendor, supplier, and partner risk with due diligence workflows, questionnaires, risk scoring, and remediation plans.
- Vendor risk assessment
- Questionnaires and reviews
- Third party remediation
Privacy Management
Support privacy operations with assessments, data protection workflows, privacy risk tracking, and evidence for compliance programmes.
- Privacy assessments
- Data protection workflows
- Compliance support
Operational Risk Management
Manage operational risks, controls, incidents, issues, and action plans across business processes and departments.
- Operational risk visibility
- Control effectiveness
- Issue and action tracking
Operational Resilience Management
Strengthen resilience by mapping critical business services, dependencies, impacts, recovery expectations, and improvement actions.
- Critical service mapping
- Dependency visibility
- Resilience improvement
Regulatory Change Management
Track regulatory updates, assess impact, assign actions, and keep policy, compliance, and risk teams aligned with changing obligations.
- Regulatory impact review
- Obligation management
- Action tracking
ServiceNow IRM Support Products
Use these support products to extend IRM with ESG visibility, security operations alignment, and AI governance oversight.
ESG Management
Extend IRM with environmental, social, and governance tracking, reporting support, evidence collection, and sustainability programme visibility.
- ESG data coordination
- Evidence collection
- Programme reporting support
Security Operations
Connect risk and security operations to improve security issue visibility, response coordination, remediation governance, and operational risk alignment.
- Security risk context
- Response coordination
- Remediation governance
AI Control Tower
Support AI governance with visibility, oversight, controls, and risk management for AI initiatives across the organisation.
- AI governance visibility
- Control oversight
- Responsible AI support
How Tech Wave Implements ServiceNow IRM
Risk and compliance discovery
Map risk types, controls, policies, obligations, audit processes, continuity needs, third-party risk flows, privacy operations, and reporting priorities.
Framework and workflow configuration
Configure risk registers, control libraries, policy workflows, assessment models, audit structures, evidence processes, and approval rules.
Continuity, resilience, and integrations
Enable business continuity, third-party risk, privacy, operational resilience, regulatory change, ESG support, security operations alignment, and AI governance extensions.
Go live, adoption, and improvement
Train risk owners and compliance teams, launch dashboards, monitor adoption, track remediation, and optimise governance reporting after go live.