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22 articles for “edd”

Tutorials Run a customer risk review …to approve, and then work the enhanced due diligence (EDD) case that a High rating opens. Before you start Step Who can do it Read ratings and the risk register Anyone who can read customers (Analyst,…
Guides KYC and onboarding guide …— Yes Approve a KYC change (step-up) — — Yes Yes Work an EDD checklist — Yes — Yes Approve an EDD case — — Yes Yes Answer information requests Yes — — — Risk managers can also review applications and…
User roles KYC reviewer, relationship manager and senior approver …a customer, a KYC change or an enhanced due diligence (EDD) outcome they prepared themselves. Note: The onboarding pages (Applications, IDV review queue) appear only when your institution has client…
User roles Risk manager …the model misses something, work enhanced due diligence (EDD) for high-risk customers and maintain the enterprise-wide risk assessment (EWRA). The MLRO or Deputy MLRO approves what you prepare, so…
Blog & updates Smarter screening and explainable risk …score is still recorded, and a High override opens an EDD case. The what-if simulator On Risk models (/risk/models), the What-if simulator lets you change factor group weights and band cut-offs, then…
FAQs Screening and risk …and the risk tab shows an Overridden badge. When is EDD triggered? An enhanced due diligence case opens automatically when a customer's effective band is High, including through an override. The…
Reference Status and badge meanings …score falls, possibly raised by a floor rule High opens an EDD case automatically Unrated Not yet scored Usually clears shortly; authorised users can Rescore now Overridden The band was changed by an…
User roles User roles at a glance …made Same as the MLRO Risk manager Customer risk models, EDD and risk reporting Draft risk model versions and run the simulator, propose risk overrides, work EDD checklists, read rules and customers…
Tutorials Onboard a corporate customer …is rated under your risk model; a High rating opens an EDD case. A declined application is recorded in the declined-business register. Note: Approvers can also decline an application that is still in…
Guides Compliance and governance guide …a risk model version Approve or activate Yes Submit an EDD case Approve the relationship or reject — Propose institution settings or a policy Approve Yes Request a data source go-live Approve go-live…
User roles MLRO and Deputy MLRO …including high-risk ones. Approve KYC changes, EDD sign-offs, risk overrides and risk model activations. Complete an EWRA cycle as the sign-off. Supervision and oversight Supervise the alert queue,…
Guides MLRO guide …high-risk ones The application's Risk and decision section EDD cases EDD workbench (/risk/edd): Approve relationship Alert-work and screening four-eyes policies Alert-work policy and Four-eyes policy…
Getting started Your first day, by role …Work enhanced due diligence checklists in the EDD workbench (/risk/edd). Read next: KYC and onboarding guide. Relationship manager Open Applications (/onboarding) and Start an application for a new…
User roles Auditor, QA reviewer and executive …rule performance. Read customers, accounts, risk ratings, EDD cases and the EWRA. Open every dashboard, including Operations & SLA, Customer risk and AI usage. What you cannot do Act on anything: no…
Getting started Find your way around …Accounts, KYC changes, Customer risk, Risk models, EDD workbench, EWRA, and the onboarding pages Screening Hits, Name search, Batch screening, Exclusions, PEP register, Watchlists, Designations,…
FAQs General questions …lists customer risk rating with enhanced due diligence (EDD) client onboarding, where your institution has switched it on case management and investigations regulatory reporting, including goAML…
Reference Glossary …Kenya's domestic regime, which triggers asset freezes. EDD Enhanced due diligence: deeper checks, such as source of funds and wealth, for higher-risk customers. In FlowSentry, a case opens…
Getting started Key concepts …effective band for a limited period. A High band opens an EDD (enhanced due diligence) case automatically. Controls Maker-checker (four eyes) Maker-checker means one person proposes (the maker) and a…
Reference Keyboard shortcuts …check that focus is not inside a browser extension, an embedded file viewer or the browser's address bar. Related Finding your way Search customers, accounts and cases Meet Ask Sentry Introducing the…
Reference Release notes …move customers between bands before anything is saved. An EDD workbench where High-band customers' checklists are worked and signed off by a senior approver. Read more: Smarter screening and…
Reference Security and privacy overview …Providers Regulations 2022 Risk-based approach, CDD and EDD FATF Recommendations Risk-based approach, customer due diligence, record keeping, PEPs and suspicious transaction reporting Data Protection…
Getting started Welcome to FlowSentry …risk ratings, risk models, enhanced due diligence (EDD), the enterprise-wide risk assessment (EWRA) and, where switched on, client onboarding. Customers, /customers Screening Screens customers,…