Anti-Money Laundering Risk Assessment Report

A snapshot summary of a financial institution's BSA/AML risk built from dynamic, index-based attributes

The LexisNexis® Anti-Money Laundering Risk Assessment Report delivers a concise summary of a financial institution's Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) risk for the entire customer base or a specified segment of the total customer population. This report helps automate the process of gathering BSA/AML risk data for the entire institution to support more efficient risk assessments and risk reporting.

Benefits

Automate BSA/AML risk assessment

The LexisNexis® Anti-Money Laundering Risk Assessment Report gives you the power to better understand the BSA/AML risk exposure of your entire portfolio, a segment of your portfolio or an individual customer. This summary report features a distribution of the customer base across each of the 9 to 1 values for each attribute contained in the LexisNexis® Anti-Money Laundering Attributes to help you create an appropriate BSA/AML risk assessment. Combining the insight gained from the Anti-Money Laundering Risk Assessment Report with financial institution internal transaction information creates an efficient method to strengthen and automate the institutional risk assessment process.

Understanding your entire institution from a current, risk-relevant viewpoint streamlines efforts for key BSA/AML activities:

  • Strengthen the accuracy of your BSA/AML risk rating process
  • Automate time consuming research
  • Minimize stagnant due diligence information

Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Assessment Report, please call 866.277.8407.

Features

Evaluate with stronger insights

The Anti-Money Laundering Risk Assessment Report uses the LexisNexis® Anti-Money Laundering Risk Attributes for both businesses and individuals to provide a summarization for use in the institution's BSA/AML risk assessment process. By leveraging access to 37 billion public and proprietary records, our solutions provide a risk index indicator to deliver succinct perspective on key customer characteristics. The insights gained from the Anti-Money Laundering Risk Assessment Report help you build a BSA/AML risk assessment.

LexisNexis® Anti-Money Laundering Risk Attributes

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

Evaluate the BSA/AML risk of your entire customer portfolio with a concise, easy-to-digest summary report. Add more efficiency to your institutional risk assessment process with Anti-Money Laundering Risk Assessment Report.

Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Assessment Report, please call 866.277.8407.

More Information

Literature

  1. LexisNexis® Solutions for Anti-Money Laundering Risk

Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Assessment Report, please call 866.277.8407.

Contact Us

For more information about our solutions call 866.277.8407 or contact us online

The LexisNexis® Anti-Money Laundering Risk Assessment Report is not provided by "consumer reporting agencies," and do not constitute "consumer reports," as those terms are defined in the as that term is defined in the Fair Credit Reporting Act (15 U.S.C. ยง 1681, et seq.) ("FCRA"). Accordingly, these solutions may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment or another permissible purpose under the FCRA. Due to the nature of the origin of public record information, the public records and commercially available data sources used in these solutions may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. Before relying on any data, it should be independently verified. LexisNexis and the Knowledge Burst Logo are registered trademarks of Reed Elsevier Properties Inc., used under license. HPCC Systems is a registered trademark of LexisNexis Risk Data Management Inc. Copyright © 2013 LexisNexis. All rights reserved

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Did you know?

84% of the businesses reported with a vacant address are rated low risk by their financial institution*.

*LexisNexis/ACAMS Survey, February 2013