The power and simplicity of system-defined risk scoring and assessment suggestions
Based on a central, visual widget, present at both individual entity and overall application levels, KYCP indicates the levels of completion of individual entity fields or application stages. It also displays individual and overall scoring based on values inputted at programme creation stage and a percentage counter, with higher risk being associated with higher values.
These figures are in turn translated into a 3-colour red, amber, green indicator, based on percentile bands associated with high, medium, low risk values defined by programme administrators.
The visual RAG dashboard output, combined with completion stage indicators allows for instantaneous verification of individual entities and the overall application or rejection of any assessment based on internal and programme-based policies.