1. Administration Guide
  2. Know Your Customer Administration
  3. KYC System Parameters

1.5 KYC System Parameters

KYC System Parameters allow the user to set a limit on a few pre-defined configurable parameters or define certain default options.

The following are pre-defined parameters:
  • Customer Risk Assessment Export Limit
    • This parameter defines the maximum number of customer risk assessment records that you will be able to export. The maximum value that this parameter can accept is 10,000.
  • Customer Risk Assessment Default Period
    • This parameter defines the default period over which the created customer risk assessments are shown.
  • Prospect Risk Assessment Export Limit
    • This parameter defines the maximum number of prospect risk assessment records that you will be able to export. The maximum value that this parameter can accept is 10,000.
  • Prospect Risk Assessment Default Period
    • This parameter defines the default period over which the created prospect risk assessments are shown.
  • Default Assessment Mode for Onboarding
    • This parameter defines the default assessment mode for KYC Onboarding.
    • This applies to Relationship Types for which the Assessment Mode is not explicitly configured in the Relationship Type Assessment Mapping screen under the Know Your Customer Administration menu.
    • Valid values are Watch list Screening and Full KYC Assessment. Default assessment mode is Watch list Screening.
  • Default Assessment Mode for KYC Continuous Monitoring (Batch)
    • This parameter defines the default assessment mode for KYC Continuous Monitoring (Batch).
    • This applies to Relationship Types for which the Assessment Mode is not explicitly configured in the Relationship Type Assessment Mapping screen under the Know Your Customer Administration menu.
    • Valid values are Watch list Screening and Full KYC Assessment. Default assessment mode is Watch list Screening.
  • Interested Party Derivation flag for KYCDeploymentInitiation Batch
    • This parameter enables interested party derivation for primary customers selected as part of the KYCDeploymentInitiation batch.
    • The parameter value can be set to Yes or No. Default value is Yes.
  • Interested Party Derivation flag for KYCDaily Batch
    • This parameter enables interested party derivation for primary customers selected as part of the KYCDaily batch.
    • The parameter value can be set to Yes or No. Default value is Yes.
  • Consider Customers without Account for Risk Assessment
    • This parameter specifies if customers without account should be considered for KYC risk assessment.
    • The parameter value can be set to Yes or No. Default value is Yes.
    • A new batch type NACR - Non-Account Customer Review is added for this risk assessment.