Automations

Define business rules that are automatically applied to your cases. It streamlines repetitive tasks, saving you time and reducing errors. The automations are powered by the rules engine which allows a great flexibility and adapt to a large range of use-cases.

Among the use-cases that automations support are:

• Automatically set risk level: depending on the results of the risk matrix compute a risk level that matches your compliance policy:
  • based on risk score scaling. Example: LOW:1-100, MEDIUM:100-150,HIGH:>150
  • based on identified risk factors: Example: a PEP is High
• KYB/C refresh policy: use automation rules to calculate the next refresh date based on the case's characteristics.
  • for example, implement a refresh period that depends on the risk level: annually for high-risk, every 3 years for medium-risk, and every 5 years for low-risk cases.
• Case approval restriction: restrict the case approval to some user rolesbased on case's characteristic
  • risk score. Example: high risk cases can only be approved by qualified reviewers-
• Auto-approval: cases are automatically approved based on some critieria such as the risk score. Example: low risk cases are automatically approved.