Anti-Money Laundering Risk Attributes

Dynamic index-based perspective into key customer BSA/AML risk characteristics

LexisNexis® Anti-Money Laundering Risk Attributes deliver concise due diligence information to help create deeper customer insights. With attributes that incorporate recent and relevant customer lifestyle data, this solution creates a more comprehensive due diligence picture that can be used to better understand a customer's BSA/AML risk profile at any point in the account lifecycle. Maximize your understanding of BSA/AML risk and improve onboarding, strengthen customer monitoring and streamline investigative research with Anti-Money Laundering Risk Attributes.

Keep BSA/AML Risk in Focus

LexisNexis® Anti-Money Laundering Risk Attributes provide concise perspective into recent and relevant customer lifestyle information with a detailed report that delivers a 9 to 1 index indicator across the complete set of attributes. Combining the insight gained from Anti-Money Laundering Risk Attributes with financial institution internal transaction information creates an efficient method to produce more accurate individual customer risk ratings and streamline efforts for key BSA/AML regulations.

Assessing the BSA/AML risk of your entire institution as well as the BSA/AML risk rating of each customer creates process efficiencies across the organization and throughout each customer's lifecycle:

  • Streamline initial due diligence and on-boarding at account opening
  • Strengthen the accuracy of your BSA/AML risk rating process
  • Automate continuous monitoring of life circumstance changes
  • Decrease stagnant due diligence information
  • Maximize alert effectiveness with dynamic BSA/AML risk data

Understand your customer's BSA/AML risk profile at any point in the account lifecycle with stronger customer lifestyle insight from Anti-Money Laundering Risk Attributes.

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

Stronger customer insight begins with Anti-Money Laundering Risk Attributes

Our Anti-Money Laundering Risk Attributes help your business gain and maintain dynamic BSA/AML risk data within your institution and for your entire customer portfolio. Leveraging access to 36 billion public and proprietary records, our solutions provide a risk index indicator to deliver succinct perspective on key customer characteristics. With the insights gained from the attributes, you can build a due diligence profile to strengthen BSA/AML compliance.

Our solutions can be run on all entities—individuals or business—and are available via Batch or XML.

Anti-Money Laundering Risk Attributes: Get a clear perspective into customer lifestyle information with LexisNexis Anti-Money Laundering Risk Attributes. The Anti-Money Laundering Risk Attributes provide recent, relevant and robust lifestyle information for each individual or business customer. Each attribute is represented by an index in the form of a 9 to 1 risk indicator, with 9 being the highest and 1 being the lowest.

An optional add-on to the Anti-Money Laundering Risk Attributes is the AML Negative News Attribute which provides counts and time range for the number of AML Negative News articles potentially associated with the customer or the entity. This AML Negative News Attribute is specifically designed to look for terms associated with money laundering.

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

Gain a better understanding of both BSA/AML customer risk and BSA/AML institution risk while streamlining the risk assessment processes. Anti-Money Laundering Risk Attributes improve customer onboarding, strengthen risk rating strategies and provide insight into BSA/AML risk. Get the full picture today with LexisNexis Anti-Money Laundering Risk Attributes.

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

Literature

  1. LexisNexis® Solutions for Anti-Money Laundering Risk

Get it now: For more information about LexisNexis® Anti-Money Laundering Risk Attributes, 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 Attributes are 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