Money Laundering Risk Rating Framework

This module was built following the latest trends on risk management, including the recommendations and best practices of the banking area of different jurisdictions.

The Organization may define their own framework, selecting those risks applicable to their activity (Such as Countries of the Operation, Type of Activity, PEP, Delegated Authority, etc.) giving content and weighting each according to their relative importance

Finally, it determines the level of risk to be used (by default the system uses high, medium and low).

This module reuses the network interface module between Contacts and Facility Manager to incorporate total customer risk associated with Business.

The result of each evaluation process is stored in the database thus enabling the identification of customers whose risk increased or decreased in a given period of time.

Go Back