Automated Periodic Risk Re-Evaluation with Configurable Intervals

Periodic Re-Evaluation

PrimeAML's Periodic Re-Evaluation feature allows you to schedule automatic risk re-evaluations based on client risk levels, with configurable intervals and expiry notifications for your compliance teams. This automated system ensures that risk assessments remain current and compliant with regulatory requirements for periodic review.

The periodic re-evaluation system automatically schedules risk re-assessments based on client risk levels, with higher-risk clients requiring more frequent reviews. Automated notifications alert compliance teams when re-evaluations are due or when evaluation expiry dates are approaching, ensuring timely completion of required reviews.

Key Features of Periodic Re-Evaluation

Our comprehensive periodic re-evaluation solution includes all the tools you need to manage automated risk re-assessments effectively.

• Automated Scheduling
  Automatically schedule risk re-evaluations based on client risk levels, with configurable intervals for different risk categories.
• Risk-Based Intervals
  Configure different re-evaluation intervals for different risk levels, ensuring higher-risk clients are reviewed more frequently.
• Expiry Tracking
  Track risk evaluation expiry dates with automated notifications and workflow triggers for timely re-evaluation.
• Notification System
  Automated notifications alert compliance teams when re-evaluations are due or approaching expiry dates.
• Workflow Integration
  Integration with workflow automation ensures that re-evaluations trigger appropriate actions and notifications.
• Evaluation History
  Complete history of all risk evaluations and re-evaluations for audit and compliance purposes.

Why PrimeAML's Periodic Re-Evaluation Stands Out

PrimeAML's Periodic Re-Evaluation ensures that risk assessments remain current and compliant with regulatory requirements through automated scheduling and notification systems.

• Automated Efficiency
  Automated scheduling and notifications reduce manual effort while ensuring timely completion of required reviews.
• Risk-Based Approach
  Risk-based intervals ensure that higher-risk clients receive more frequent reviews, aligning with regulatory requirements.
• Compliance Assurance
  Automated tracking and notifications ensure that all required re-evaluations are completed on time.
• Complete Visibility
  Complete history and tracking provide visibility into re-evaluation status and compliance.

PrimeAML's Periodic Re-Evaluation provides the automation and visibility you need to ensure that risk assessments remain current and compliant, supporting effective risk management and regulatory compliance.