Benefits
Keep BSA/AML risk in Focus
LexisNexis® Anti-Money Laundering Risk Attributes provide concise perspective into recent and relevant customer lifestyle information with a detailed report that delivers a 9 to 1 index indicator across the complete set of attributes. Combining the insight gained from Anti-Money Laundering Risk Attributes with financial institution internal transaction information creates an efficient method to produce more accurate individual customer risk ratings and streamline risk reporting and compliance efforts for key BSA/AML regulations.
Assessing the BSA/AML risk of your entire institution as well as the BSA/AML risk rating of each customer creates process efficiencies across the organization and throughout each customer's lifecycle:
- Streamline initial due diligence and customer onboarding at account opening
- Strengthen the accuracy of your BSA/AML risk rating process
- Automate continuous monitoring of life circumstance changes
- Decrease stagnant due diligence information
- Maximize alert effectiveness with dynamic BSA/AML risk data
- Understand your customer's BSA/AML risk profile at any point in the account lifecycle with stronger customer lifestyle insight from Anti-Money Laundering Risk Attributes
Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Attributes, please call 866.277.8407.
Features
Stronger customer insight begins with Anti-Money Laundering Risk Attributes
Our Anti-Money Laundering Risk Attributes help your business gain and maintain dynamic BSA/AML risk data within your institution and for your entire customer portfolio. Leveraging access to 37 billion public and proprietary records, our solutions provide a risk index indicator to deliver succinct perspective on key customer characteristics. With the insights gained from the attributes, you can build an enhanced due diligence profile to automate customer monitoring, speed investigative research and strengthen BSA/AML compliance.
Our solutions can be run on all entities—individuals or business—and are available via Batch or XML.
Anti-Money Laundering Risk Attributes: Get a clear perspective into customer lifestyle information with LexisNexis Anti-Money Laundering Risk Attributes. The Anti-Money Laundering Risk Attributes provide recent, relevant and robust lifestyle information for each individual or business customer. Each attribute is represented by an index in the form of a 9 to 1 risk indicator, with 9 being the highest and 1 being the lowest.
An optional add-on to the Anti-Money Laundering Risk Attributes is the AML Negative News Attribute which provides counts and time range for the number of AML Negative News articles potentially associated with the customer or the entity. This AML Negative News Attribute is specifically designed to look for terms associated with money laundering.
Individual Attributes:
- Mobility
- Legal events
- Access to funds
- High value assets
- Geographic risk
- Business associations
- AML Negative News
- Associates
- Citizenship
- Age range
Business Attributes:
- Legal events
- Access to funds
- Business validity
- Geographic risk
- Industry risk
- AML Negative News
- Associates
- Business Stability
Gain a better understanding of both BSA/AML customer risk and BSA/AML institution risk while streamlining the risk assessment processes. Anti-Money Laundering Risk Attributes improve customer onboarding, strengthen risk rating strategies and provide insight into BSA/AML risk. Get the full picture today with LexisNexis Anti-Money Laundering Risk Attributes.
Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Attributes, please call 866.277.8407.