PEP Scoring

Patent Pending

Sophisticated scoring of politically exposed persons (PEPs)  

 

Prioritize your riskiest clients while reducing false positives 

PEP Scoring

Sophisticated scoring of politically exposed persons (PEPs)  

 

Prioritize your riskiest clients while reducing false positives 

Request a
Free Demo
Request a
Free Demo

How Does Our PEP Scoring Work?

How Does Our PEP Scoring Work?

It’s simple.

 

Each night Alessa runs your client list against the latest PEP lists and assigns an updated risk score to any PEP in your database. The PEPs whose scores surpass your organization’s risk tolerance are then highlighted and brought to your team’s attention for investigation.

 

Alessa can either auto-resolve low and/or medium risk PEP alerts or create a separate work queue for lower risk alerts based on your organization’s risk preference.

How Are PEP Risk Scores Calculated?

Our proprietary scoring model analyzes:

Your Annual Savings

PEP Analysis

Alessa re-analyzes and places a risk score on all PEP records every night.

PEP Score

After analysis, PEPs are categorized into High Risk, Medium Risk or Low Risk categories.

Auto-resolve

Based on your organization's risk appetite, configure Alessa to auto-resolve medium risk and/or low risk PEPs.

Review

Review non auto-resolved PEPs that have been identified to pose high risk to your business.

It’s simple.

 

Each night Alessa runs your client list against the latest PEP lists and assigns an updated risk score to any PEP in your database. The PEPs whose scores surpass your organization’s risk tolerance are then highlighted and brought to your team’s attention for investigation.

 

Alessa can either auto-resolve low and/or medium risk PEP alerts or create a separate work queue for lower risk alerts based on your organization’s risk preference.

How Are PEP Risk Scores Calculated?

Our proprietary scoring model analyzes:

PEP Analysis

Alessa re-analyzes and places a risk score on all PEP records every night.

PEP Score

After analysis, PEPs are categorized into High Risk, Medium Risk or Low Risk categories.

Auto-resolve

Based on your organization's risk appetite, configure Alessa to auto-resolve medium risk and/or low risk PEPs.

Review

Review non auto-resolved PEPs that have been identified to pose high risk to your business.

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Reduce the Noise

Let’s talk numbers.

 

Reduce the Noise

Let’s talk numbers.

 

Reduce the Risk

Global PEPs present very little risk in comparison with other screening lists, such as sanctions and watchlists.

 

As a result, it is almost common practice for compliance professionals to not screen against certain PEP categories in order to be able to complete screening in time to follow through with other compliance tasks.

 

This opens up your organization to risk. Each PEP category has risk associated with it, as shown in the chart on the right.

 

Stop arbitrarily turning certain PEP lists on and off, and instead use daily PEP scoring to reduce the low risk and false positive matches that your compliance professionals must review. 

 

Streamline your screening while also reducing your risk.

High Risk PEPs per Category

PEP Category % of High Risk PEPs
PEP Non Governmental 13%
PEP National 13%
PEP Sub National Government 15%
PEP Local 24%
PEP International Organization 9%
PEP Regional Organization 9%
PEP State Owned Organization 9%
PEP State Invested Organization 8%
Instrumentality of State 6%

Reduce the Risk

Global PEPs present very little risk in comparison with other screening lists, such as sanctions and watchlists.

 

As a result, it is almost common practice for compliance professionals to not screen against certain PEP categories in order to be able to complete screening in time to follow through with other compliance tasks.

 

This opens up your organization to risk. Each PEP category has risk associated with it, as shown in the chart on the right.

 

Stop arbitrarily turning certain PEP lists on and off, and instead use daily PEP scoring to reduce the low risk and false positive matches that your compliance professionals must review. 

 

Streamline your screening while also reducing your risk.

High Risk PEPs per Category

PEP Category % of High Risk PEPs
PEP Non Governmental 13%
PEP National 13%
PEP Sub National Government 15%
PEP Local 24%
PEP International Organization 9%
PEP Regional Organization 9%
PEP State Owned Organization 9%
PEP State Invested Organization 8%
Instrumentality of State 6%

Let’s Modernize Your Screening Process

Contact Us Now For A Free Demo

Request a
Free Demo

Let’s Modernize Your Screening Process

Contact Us Now For A Free Demo

Request a
Free Demo

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