7.4.2 Risk Assessment Initiation

Based on the reasons generated in the previous module, risk assessments are created for the corresponding customers. The type of risk assessment source is specified as Accelerated Re-review.

Then the next Re-review Date for each customer is compared to the day's processing date. If the two matches, then a risk assessment is created for the customer with the risk assessment source specified as Periodic Re-review.

There are two types of Risk Assessments:

• Rule-based Risk Assessment
• Algorithm-based Risk Assessment