
Risk Data Service (Country AML Risk Score Classification)
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Overview
RDS is a database list that rates countries of the world as they pertain to Anti Money Laundering (“AML”) and Sanctions risk.
AML Partners is an Anti-Money Laundering software and consulting company serving financial institutions internationally. In an effort to assist financial institutions cope with their complex regulatory landscape we have designed a methodology to assess the AML Risk with countries of a world. We call this utility our Country Evaluator and what it provides is an AML Risk Score for each country.
We have evaluated each Country against what we consider as Concern Lists of the world. Countries obtain Risk Scores based on their listing on a major Sanctions list such as the OFAC Sanctioned List. Some of the Concern lists used in our methodology are the ‘OFAC Country Sanctions, United Nation Sanctioned Countries, European Union Sanctioned Countries, Corruption Perception Index, FinCEN Advisory Countries, OffShore Financial Centers and many more.
Branch and Customer Risk Assessment(s) Financial Institutions can utilize the Country Evaluator to conduct Risk Assessments of their Customer Base where an evaluation could done on a customer’s domicile or where they are incorporated or even where they conduct their business, referred to as Trade Areas.
Transaction Monitoring The Country Evaluator could be used to determine the level of monitoring needed for customer transactions depending on the level of AML Risk the country possesses. Transactions conducted through higher risk countries could be monitored more tightly versus Lower risk countries.
Key Features
RDS evaluates the perceived risk a country presents for the Possibility and Probability of Money Laundering and/or Terrorist Financing through the evaluated country.
RDS uses for the most part, published lists and evaluations from the US Government or recognized Worldwide Non-Government organizations such as Transparency Internationals Corruption Perception Index (CPI) to score each country from 0 (lowest Risk) to 100 (highest Risk).
The Risk Score to Risk Class breakout is as follows:
• 0-33 (Low Risk)
• 34-66 (Medium Risk)
• 67-100 (High Risk)
RDS is designed to be used as a Risk Factor (or Factors) in a Weighted Risk Assessment Methodology, such as AML Partners’ P3 Method (Possibility and Probability Principles of Risk).
Annually, after the US Secretary Of State publishes the International Narcotics Control Strategy Report, (referred to as the INCSR) AML Partners conducts our evaluation. Though this is an annual evaluation, from time to time throughout the year we may, at our discretion, provide an update to a country or set of countries based on current events.
Within the Model, a mechanism exists for each institution to increase the perceived risk of any country. The institution need only go to the appropriate Colum and Row and add a 0.1 to 4 for the country that the institution wishes to increase Risk for. Should an institution wish to add 30 points, they need only to add a 1 in the correct Row and Colum for the country they wish to increase risk for. Entering a 2 will increase the risk by 60 points, a 3 raises Risk to 90 points, but a 4 will only bring the score to 100, which is the highest possible score. If an institution wishes to add less than 30 points, they need only enter in a value of 1. For example, if an institution wishes to add 7.5 points they would enter the value of .25 in the row for that country in the override Column.
Key Benefits
Updates are provided quarterly.
Branch and Customer Risk Assessment(s) Financial Institutions can utilize the Country Evaluator to conduct Risk Assessments of their Customer Base where an evaluation could done on a customer’s domicile or where they are incorporated or even where they conduct their business, referred to as Trade Areas.
Transaction Monitoring The Country Evaluator could be used to determine the level of monitoring needed for customer transactions depending on the level of AML Risk the country possesses. Transactions conducted through higher risk countries could be monitored more tightly versus Lower risk countries.