Perpetual Client
Risk Assessment./

Achieve a dynamic and accurate understanding of customer risk./

Perpetual Client Risk Assessment (p)CRA is Napier AI’s new advanced financial crime compliance solution that helps financial institutions continuously and dynamically assess customer risk across the full client lifecycle.

With (p)CRA, the complex undertaking of defining and reviewing multiple variables that affect a customer’s risk level becomes simple and automated. Accessible as a module within Napier AI Continuum, (p)CRA enables the most sophisticated, automated, ongoing review of the countless factors that could potentially change the risk that a customer poses.

The easy-to-configure, intuitive UI allows organisations to define and test complex CRA rules across multiple geographies, clients, or business units to drive consistent and ongoing risk assessments.

(p)CRA enables an ‘always on’ risk assessment, ingesting real time information from any risk event such as screening,  monitoring, KYC or fraud, providing a full 360-degree snapshot of the client and their risk.

Where activity, transactions or other risk events trigger alerts, (p)CRA enables the automatic application of screening and monitoring rules as defined by the organisation’s risk policies in response.

It goes one step further too. Through intelligent dynamic client segmentation (p)CRA can discount risks and automatically resolve alerts, freeing up valuable time for the analyst.

FEATURES
Risk event builder
Risk assessment sandbox
Dynamic alert investigation
DETAIL

Enhance any existing system

(p)CRA can ingest any risk event within an organisation, including events identified in onboarding, AML, fraud, and CRM systems. Designed for teams that need to manage a combination of new, legacy, and third-party applications, (p)CRA sits as a frictionless augmentation layer on top and can be configured to set workflows in motion across multiple systems and process boundaries.

With full STP and auditability it is now easy to incorporate and improve compliance with regulatory requirements.

Enterprise wide CRA

The flexibility of the solution allows organisations to design and load numerous risk score cards to assess risk across multiple areas such as geographies, business functions, and client types.

Risk levels generated by (p)CRA are unique to an organisation’s risk appetite, customers, products, and geographies served, and how these are labelled will vary from organisation to organisation.

Define, build and test risk events

(p)CRA has an integrated no-code environment that allows users to define and build ‘risk events’ from any related financial crime monitoring activity such as screening, transaction monitoring, KYC or fraud.

By building these risk parameters in line with organisational risk policies and regulations, and across every permutation of risk event, organisations enable real-time monitoring of the client to gain a holistic view of client behaviour.

Before going live with new risk parameters, users can test and tune these in the integrated sandbox against a copy of production data to derive optimal risk assessment and alerting thresholds.

High levels of automation

Napier AI’s intelligent approach facilitates automatic resolution of alerts by comparing the alert against all risk factors and events across the entire client profile and that of peers to discount the risk.

This reduces volumes of alerts to be manually investigated – improving productivity and boosting efficiency.

Remove time-intensive manual tasks by calibrating (p)CRA to automatically apply screening and monitoring rules for further investigation as risk thresholds are met.

Supports pKYC

(p)CRA delivers a more complete dynamic understanding of risk that enables comprehensive pKYC. Often the definition of pKYC can be too narrow – looking only at those events that occur during onboarding or as part of updating KYC information.

By assessing more factors than KYC data only, (p)CRA provides a complete, real-time risk score based on client behaviour across the full lifecycle.

Dynamic alert investigation

Napier AI’s state-of-the-art UI helps users to investigate real time risk events with all data in one dashboard.

This reduces time spent searching for data in other systems and increases the speed with which alerts can be resolved or pushed forward for further investigation.

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Risk Assessment./

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Perpetual Client Risk Assessment./

Fact Sheet

Perpetual Client
Risk Assessment./

Achieve a dynamic and accurate understanding of customer risk.

Case Study
Surpassing regulatory requirements for Financial House
Discover how we accelerate Financial House's digital transformation programme for AML and achieve performance improvements identified by the Financial Conducts Authority.
Fact Sheet
Perpetual Client Risk Assessment
Napier’s Risk-based Scorecard allows the analyst to capture more information and data from multiple sources, and forms part of the continuous review cycle for customers by calculating and recording a customer’s risk level.
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SOLUTIONS

Our solutions./

Transaction Monitoring

Dramatically reduce false positives, while still detecting truly suspicious activity, with our machine learning-enabled transaction monitoring system designed to be used by non-technical business users in organisations of all sizes.

Transaction Screening

Run real-time searches on payment or transactional data against multiple watch and sanctions lists to make rapid decisions about the level of risk associated with payments beneficiaries and originators.

Client Screening

Screen clients or entities against designated sanction lists while leveraging a machine-learning programme and advanced fuzzy matching algorithms to reduce false positives.

Client Activity
Review

Gain additional deeper insights about your customer’s activity with an automated ongoing review of all customer data - including transactions, payments and screening results - against their expected behaviour.

Client Risk
Assessment

Perform enhanced risk assessments to generate a risk level for each client. Use these levels as part of a risk-based assessment to optimise your screening and monitoring processes.

Regulatory Reporting Manager

Facilitates faster, safer filing of STRs with data collation, automatic form completion, robust data security, and auto report submission. Fully compliant with global regulatory requirements, its benefits will transform any compliance function.

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