7.4.2.2 Algorithm-based Risk Assessment

The algorithm-based assessment model calculates the risk of customers based on different parameters that are based on customer type.

For each parameter, the application checks the value provided by the customer who is being risk assessed and retrieves the score of that value from the PARAM_RISK_SCORE_JRSDN table. If the value provided by the customer for a parameter is not available, then the application considers it as DEFAULT which would have a corresponding score in the PARAM_RISK_SCORE_JRSDN table. If the value provided by the customer is not available or the value is not provided at all, then a value of DEFAULT is assigned.