Agents / Operational & Third-party Risk

Vendor Risk Assessment Agent

Prepares third-party risk assessments for vendor arrangements.

ConfidentialThird-partyGenAILimited riskDocument Processing · BU Restricted · 64 runs / 30dOwner Operational & Third-party Risk

Runs, last 30 days

64

Tools

4

Data scopes

3

Human checkpoints

2

About this agent

Prepares third-party risk assessments for new and renewing vendor arrangements. It reads the contract, the vendor's security questionnaire and certificates, checks them against the BNM Policy Document on Outsourcing and BNM RMiT requirements, and drafts an assessment with gaps and suggested contract clauses for the third-party risk reviewer.

Tools4

  • Gemini on Vertex AI (credit-memo-summariser)
  • Regulatory clause search (regulatory-clause-retriever)
  • Vendor register
  • Third-party risk system: assessment writer

Data access scope3

  • Read-only: vendor contracts, questionnaires and certificates in the vendor register
  • Write: draft assessments to the third-party risk system only
  • No access to customer data

Guardrails3

  • Material outsourcing decisions always go to a human reviewer
  • Every gap cites the requirement it is measured against
  • Does not contact vendors directly

Human-in-the-loop2

  • Third-party risk reviewer approves every assessment
  • Material outsourcing arrangements go to the Outsourcing Committee

Live demo run

Watch the agent execute a real scenario step by step, every tool call, validation, and human checkpoint is traced and auditable. Typical run: ~10.1s.

Audit

Updated 2026-07-10. Run traces retained 24 months for audit under the platform governance policy.