It provides compliance teams with a structured way to review, override, approve, and audit customer risk levels. This stage ensures transparent decision-making and regulatory compliance.
Subsections
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Step 6a — Get Most Recent Detailed Risk Report of Customer
Retrieve the most recent detailed risk report for a customer, including calculated risk rating and contributing factors. -
Step 6b — Set Risk Rating and Approval Status of a Customer’s Risk Assessment
Override the automatically calculated risk rating and update the approval status to reflect compliance decisions. -
Step 6c — Get All Previous Audit Trail for Risk Assessment
Retrieve the audit trail of all historical changes to a customer’s risk assessments, including overrides, approvals, and reviewer comments.
Notes
- Risk assessments are dynamic and may be updated multiple times as new information becomes available.
- The typical workflow is:
6a → 6b → 6c - Use the audit trail (6c) to maintain transparency and provide an audit-ready history of decisions.