1 Introduction

Oracle Financial Services Crime and Compliance Management Know Your Customer Cloud Service (FCCM KYC Cloud Service) performs risk assessment for a customer & related parties using a variety of risk factors including demographic, product, geography, watch list matches etc. To further enhance the risk scoring model, the system will now support behavioral based risk factors which are derived based on transactional activity across products and channels. These behavioral risk factors can be used as part of Business Check and Algorithm-based risk scoring models for deployment initiation & daily batch processing.