3.1 KYC Transaction Based Risk Factors
Use the KYC Risk Factor pipeline type for creating these scenarios.
- Scenario Name
- Data of Interest
- Filters
- Risk Indicators
- Events
- Thresholds
Scenario Name
KYC Transaction Based Risk Factors
Data of Interest
Data of Interest represents the types of business information required for this scenario to be effective.
- Front Office Transaction
- Front Office Transaction Party
- Back Office Transaction
Filters
Filters represent pre-set values defined for various data points within the Data of Interest. Filters cross threshold sets and are applied equally to filter the data of interest.
Table 3-1 Filters for KYC Transaction Based Risk Factors
| Parameter Name | Description | Sample Value |
|---|---|---|
| KYC Risk Factor Focused | Indicates that this scenario pipeline is for KYC. | Yes/No
Note: The value must be Yes for this Pipeline type. |
| Transaction Type | Indicates which types of transactions should be included when risk scoring a customer. | Wire, Cash. |
Risk Indicators
Risk Indicators define factors that can be used in the scenario logic to determine whether a behavior matches the definition of risky behavior as defined by the scenario objective.
Table 3-2 Risk Indicators for KYC Transaction Based Risk Factors
| Risk Indicator | Description |
|---|---|
| Credit Txn Amount in last Twelve months | Indicates the total amount of the credit transactions during the last twelve months. |
| Debit Txn Amount in last Twelve months | Indicates the total amount of the debit transactions during the last twelve months. |
| Total Cash Txn Amount in last Twelve months | Indicates the total amount of cash transactions during the last twelve months. |
| Total Cash Txn Count in last Twelve months | Indicates the total number of cash transactions during the last twelve months. |
| Total Cash Txn Count in last Twelve months | Indicates the total number of cash transactions during the last twelve months. |
| Credit Txn Count in last Twelve months | Indicates the total number of credit transactions during the last twelve months. |
| Debit Txn Count in last Twelve months | Indicates the total number of debit transactions during the last twelve months. |
| Total Txn Amount in last Twelve months | Indicates the total transaction amount during the last twelve months. |
| Total Txn Count in last Twelve months | Indicates the total number of transactions during the last twelve months. |
| Total Cash Txn Vs Total Txn Count in last Twelve months | Indicates the ratio of total cash transactions to the total number of transactions during the last twelve months. |
| Total Cash Txn Vs Total Txn Amt in last Twelve months | Indicates the ratio of total cash transactions to the total transaction amount during the last twelve months. |
| Incoming HRJ Wire Txn Count in last Twelve months | Indicates the total number of incoming wire transactions from a high risk jurisdiction during the last 12 months |
Events
For KYC Risk Factor scenarios, Events is used to persist the final computed values of each risk indicators in a temporary output table consumed by KYC. These values are further used by the KYC to compute the final risk scores of the customers.Thresholds
This section contains tables with the tunable thresholds that are built into the scenario.
Table 3-3 Thresholds for KYC Transaction Based Risk Factors
| Threshold | Description | Sample Value |
|---|---|---|
| Jurisdiction | The list of jurisdiction codes that the scenario covers. The client defines allowable values. | AMEA |
| Look back Period | Number of months prior to the current month specified for the look back period. | 12 |
| Frequency Period | Set this value to 1.
Note: For KYC, the risk factors are computed as and when the customer is picked up for risk assessment. |
1 |