NetReveal Customer Due Diligence

Challenge: Navigating complex networks and ensuring customer experience while balancing risk assessment and resource allocation is vital to managing costs and maintaining a strong risk posture.

Solution – NetReveal Customer Due Diligence (CDD):

• Customer Risk Profiling:
  • Provides end-to-end customer risk profiling using machine learning (ML) and AI.
  • Offers a single, comprehensive view of dynamic customer risk.
  • Utilizes key third-party and existing data for continuous monitoring throughout the customer lifecycle.
• Seamless Data Integration:
  • Holistic risk assessment with frictionless onboarding.
  • Automates data enrichment and quick understanding of complex corporate structures.
• Continuous Monitoring:
  • Adjusts risk scores based on behavior changes and triggers automated alerts for suspicious activities.
  • Facilitates prompt interventions.
• Alert Management:
  • Prioritizes higher-risk alerts to focus on critical decisions.
  • Maintains a single active alert per customer to minimize alert volumes.
• Dynamic Risk Dashboard:
  • Visual representation of the customer’s risk profile for faster, informed decisions.
• Event Triage:
  • Automates the first line of triage by scoring alerts based on priority.
• UBO Management:
  • Captures and scores Ultimate Beneficial Owners (UBOs) data, both manually and via third-party integrations.
  • Adapts UBO threshold based on business processes or regulatory mandates.

Key Benefits:

• Reduction in alert volumes.
• Faster risk detection.
• Enhanced operational efficiency.
• Integration with supervised and unsupervised machine learning for improved behavioral risk scoring.