Third-Party Risk Management Agent

Why It Matters

Accelerating third‑party risk assessments cuts compliance costs and enhances oversight, freeing analysts for strategic work.

Key Takeaways

• No-code AI agent builds third‑party risk workflow in seconds
• ChatGPT generates tool, skill, and app configurations automatically
• Agent executes vendor due‑diligence, gathers evidence, and drafts reports
• Human analysts review polished outputs, reducing manual effort dramatically
• Real‑time run traces provide transparency into AI decisions

Summary

The video demonstrates how Hojun builds TRO, a third‑party risk‑management AI agent, using ChatGPT’s no‑code interface. By feeding a single prompt that outlines the vendor‑risk workflow, required tools, and the finance team’s best‑practice skill, the system automatically configures the agent’s capabilities.

ChatGPT instantly generates a detailed implementation plan, allowing Hojun to iterate via natural‑language commands while the platform assembles tool integrations, skill definitions, and fine‑tune instructions without any engineering involvement.

A preview run shows the agent pulling evidence, applying the risk‑assessment skill, coordinating across systems, and producing a polished, structured report. The interface logs every tool call, input, and decision, giving analysts full traceability.

This automation compresses weeks of manual vendor due‑diligence into minutes, delivering consistent, auditable assessments and freeing analysts for higher‑value tasks, which can lower compliance costs and improve risk oversight.

Original Description

Watch a guided walkthrough of an agent that screens vendors for sanctions, financial, and reputational risk, then turns the findings into a clear report.