---
sourceDocument: Australia Governance, Risk, and Compliance
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/governance-risk-compliance

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Governance, Risk, and Compliance

ft:clusterId :

    - grc

bundleId :

    - grc

workflow :

    - Technology


---

# Download Advanced Risk

# Download Advanced Risk {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Before you run Advanced Risk in your instance, you must download it from the ServiceNow Store.{#download-risk-advanced__ActivateRiskManagement}

## Before you begin

Role required: admin

## About this task

GRC Risk Advanced provides access to the following features:

* [Manage risk events](https://servicenow-prod.fluidtopics.net/7mbpnPBDoWpYmf77gS6YhA#manage-risk-events "Risk events are potential or actual financial and non-financial losses, near misses, and gains that occur within an organization. Risk events are also known as loss events or loss entries.")
* [Risk hierarchy and scoring](https://servicenow-prod.fluidtopics.net/8gcCnXC~TqTe5esU7spHhQ "Starting with New York, risk managers can create hierarchies that include different types of risk (operational risk, IT risk, or strategic risk). Once the underlying risks are assessed, the risk scores are automatically rolled up across the risk statement hierarchy, providing better tactical and strategic decision-making.")
{#download-risk-advanced__ul_s4j_gv1_g3b}

## Procedure

Follow the instructions for [Download a GRC application from the ServiceNow Store for the first time](https://servicenow-prod.fluidtopics.net/eYj0wRntYiS7rr7a0SPNyA "Downloading an application from the ServiceNow Store for the first time involves several easy steps. Some steps are performed on the ServiceNow Store and some in your ServiceNow AI Platform instance.").