Live webinar on June 23, 2022 at 1:00 PM ET
Make sure you don't miss our next AML Voices webinar, Customer Risk Rating - Tips and Trends on June 23, 2022 at 1 pm.
In this session we will discuss best practices for customer risk rating (CRR) and ongoing review. Even with purpose built CRR tools, the process can be daunting and requires constant care. We will consider the factors that should be included in a risk rating model as well as scoring and weighting. Tuning and calibration of CRR systems is imperative to make sure that you are identifying customers that pose elevated risk and not burdening investigators with false positives. Once customers have a risk rating, what are the next steps? How often do you refresh ratings and how do you document risk changes in a meaningful way?