Using Risk Factor Pipelines

Risk factor pipelines work to risk assess a customer based on their transaction history.

To implement Transaction-based KYC Assessments on customers, follow these steps:

1. Configure the Risk Factor pipeline.
2. Configure the Threshold and Job. Refer to Managing Threshold Sets and Using Jobs for more information.
3. Attach the new task with the created pipeline job along with the calendar task to the batch as shown in the following sequence.
   1. LoadKYCCustomerInterestedParties
   2. Calendar
   3. KYCScenarioBasedRiskFactors
   4. KYCProcessingAccountData
4. Configure the risk indicator ranges for behavioral risk in the Behavioral Risk Indicator menu. Refer to the Behavioral Risk Indicator section in Configuring Dimension Data.
5. Configure the Risk Elements for the risk indicator by adding the applicable customer type, KYC check and Mapping lookup. Refer to the Risk Element Conguration section inConfiguring Dimension Data.
6. Add the rules in Business Check and Algorithmic Scoring as necessary.
   After running the batches, the customers are scored using the configuration in the above widget.