1. Firm Risk Assessment
There is no better way to administer an AML/CFT firm-wide risk assessment. Select data on the screen, add customised notes, and then click 'Calculate'. You receive a comprehensive risk report, heat maps and an online register to allow easy updates. The risk report examines five key risk divisions of (a) Nature, size and Complexity of Business, (b) Products and Services, (c) Method of Delivery, (d) Customers and Institutions and (e) Geographies. Over 40 areas are examined in total, with an explanation of risk elements for each.