Risk Assessment Engine core.
Dynamic risk scoring based on client profile, country, business type, and transaction behavior
Overview
The Risk Assessment Engine provides dynamic risk scoring based on client profile, country, business type, and transaction behavior, enabling resources to be directed towards higher risks.
Every customer carries an automatic risk score calculated across multiple factors, classifying each by risk level — low, medium, or high — so review effort follows exposure rather than volume.
As behavior, country exposure, or product mix changes, the risk assessment is re-evaluated automatically, keeping each classification current without manual intervention.
Key Features
Dynamic risk scoring capabilities for a complete risk-based approach
Dynamic Risk Scoring
Automatic risk score calculation based on multiple factors — client profile, country, business type, and transaction behavior
Customer Classification
Customer classification by risk level — low, medium, high — so review effort follows exposure
Automatic Re-assessment
Automatic risk assessment update based on changes in behavior, country exposure, or product mix
Configurable Factors
Risk factors and weightings are fully configurable, so the score reflects each institution's own risk appetite
Risk Trend Tracking
Each score carries its movement over time, surfacing customers whose risk is rising before it crosses a threshold
Threshold Alerts
When a re-assessment pushes a customer into a higher band, an alert is raised for review and escalation
Key Benefits
Integration Points
- Customer profile data
- Country & geography
- Business type
- Transaction behavior
- Customer risk score
- Risk classification
- Re-assessment alerts
- Risk scoring API
- Risk assessment API
- Batch rescoring API
- Periodic re-assessment
- Trigger-based rescoring
- Tier-change notifications
Performance Metrics
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Frequently Asked Questions
What factors drive the risk score?
The score is calculated from multiple factors including client profile, country, business type, and transaction behavior. Factors and their weightings are configurable to match your institution's risk appetite.
How are customers classified?
Each customer is classified by risk level — low, medium, or high — based on their calculated score, so review effort and controls can be applied in proportion to risk.
When does a risk score get re-assessed?
Risk assessment updates automatically based on changes — in behavior, country exposure, or product mix — alongside scheduled periodic re-assessment, so each classification stays current.
Can we configure the scoring factors?
Yes. Risk factors and their weightings are fully configurable, so the score reflects your own risk appetite and the segments you serve.
How does scoring direct compliance effort?
By scoring and classifying every customer consistently, the engine enables resources to be directed towards higher risks rather than spread evenly across the customer base.
Is every scoring decision auditable?
Yes. Complete audit trails document every score and re-assessment, with the contributing factors recorded for regulators and internal review.
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