employees conducting risk scoring

AML Risk Scoring Software

The right risk models for your business

If you were asked how risky any given customer is to you, at this moment, would you be able to say?

 

Would you know: 

 

  • The customer’s typical activity patterns
  • Whether they are on a sanctions list
  • Are they a politically exposed person (PEP)
  • Have they moved to a high-risk location
  • Have they ever been investigated by regulators 

 

All of these factors directly influence the risk a customer presents to your business. They are also factors Alessa analyzes to help you assign a risk score to your customers and entities. 

Key Features

Configurable Scoring Model

Customer risk models will not always score every customer accurately, so most organizations need a way to adjust the score for select customers. Alessa provides both a robust library of standard risk factors and also allows you to include additional risk modeling specific to your needs. This gives you the best scoring capabilities for your business.

Data Integration for Better Scoring

Alessa uses data from various sources, including sanctions lists and transaction monitoring results, to provide an assessment of the risks of doing business with an individual or business. You can configure how Alessa analyzes and applies that data to determine a customer’s risk level, based on your specific business needs.

Ongoing Monitoring for Accurate Scoring

Alessa can review your customer database, daily or periodically to update customer risk scores based on their activities and third-party data. 

Calculating Risk

Alessa’s customer risk scoring model uses risk factors, weights, frequency, and logic to calculate the score. Risk factors are usually grouped into two key areas:

Profile

Activity

The profile category includes factors specific to the customer: their industry, nature of business, profession, country of residence, citizenship, length of relationship and so on.

The activity category includes their level of cash transactions, alerts generated from the transaction monitoring system, suspicious activity reports and currency transaction reports filed, etc.

Profile

The profile category includes factors specific to the customer: their industry, nature of business, profession, country of residence, citizenship, length of relationship and so on.

Activity

The activity category includes their level of cash transactions, alerts generated from the transaction monitoring system, suspicious activity reports and currency transaction reports filed, etc.

AML Risk Scoring Software Configured for Your Needs

Risk scoring with Alessa is simple. Configure the risk factors, weights, scores, and aggregates based on your organization’s specific needs, and be alerted when a client surpasses your risk threshold.

Industries We Serve

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Risk Scoring is one solution in Alessa’s integrated AML platform. It is powerful on its own, but when used in collaboration with our KYC, sanctions screening, case management, regulatory reporting and transaction monitoring solutions, you’ll benefit from:

Daily Updates On Client Risk

Alessa provides you with a comprehensive update on client risk, highlighting the customers whose risk scores have surpassed your organization’s risk threshold in the last 24 hours.

A 360° View of Each Client

Alessa 360° provides a complete view of client information and activities, making suspicious activity easier to investigate and resolve.

Expedited Processes and Results

We've streamlined and automated many of the time-consuming AML tasks so you can focus on investigation and the next steps to help keep your establishment compliant.

Schedule a Free Demo

Build the risk model that is right for your business with Alessa.

 

Book your complimentary demo of our Risk Scoring Solution today to learn more.

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Excellent tool for fraud prevention and risk management

I have worked with Alessa for years because of how useful it is to thoroughly analyze transactions and identify suspicious operations

– Jane Doe, Company ABC

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