Client Risk Scoring
DetectX® Client Risk Scoring maintains a risk score and a risk tier for each customer, updated as new information arrives, with the rules and events that moved the score retained alongside it.
The DetectX® approach
A score is not a snapshot. It is recalculated as new information arrives from screening, monitoring and the customer record, so the tier a customer sits in reflects what is currently known rather than what was known at onboarding.
The rules and events that moved a score are kept with it, which is the difference between a number and a number you can explain to a supervisor.
- Score and tier
- A figure, and the band it places the customer in.
- Updated on arrival
- Recalculated as information lands, not on a review cycle.
- Contributing events retained
- What moved the score is kept alongside it.
- Fed by the platform
- Screening and monitoring output, not a separate feed.
Key benefits and impact
Review effort goes where the risk is: a tier tells an analyst which customers need attention now, and the retained events tell them why without a reconstruction.
Why DetectX®
The score is built from the platform's own screening and monitoring output, so it cannot disagree with the alerts an analyst is looking at. A scoring engine fed by an export eventually always does.
Regulatory requirements
DetectX® supports the FATF and GAFI recommendations, and is used against Swiss regulatory requirements including GwG, FINMA-GwV, VsB 16, KAG, FinfraG, FidleG, BEHG and KKG.
It also supports MiFID and EMIR reporting obligations, and BASEL II and III requirements.
See Client Risk Scoring on your own data
A demo runs against a scenario you choose, so the alert volume and the match quality are yours rather than ours.
Request a demo