Minimum Risk Floors Based on Regulatory Requirements

Risk Hard Caps

PrimeAML's Risk Hard Caps feature allows you to define minimum risk floors based on specific criteria, ensuring clients are never rated below certain thresholds based on regulatory requirements. This important compliance feature ensures that risk assessments respect regulatory minimums, preventing clients from being assigned risk levels that are too low based on specific characteristics or circumstances.

The hard cap system automatically applies minimum risk floors when specific criteria are met, such as client type, jurisdiction, business relationship, or other regulatory factors. This ensures that risk assessments comply with regulatory requirements while maintaining the flexibility of the overall risk scoring system.

Key Features of Risk Hard Caps

Our comprehensive hard cap solution includes all the tools you need to define and manage minimum risk floors effectively.

• Minimum Risk Floors
  Define minimum risk floors based on specific criteria, ensuring clients are never rated below regulatory thresholds.
• Criteria-Based Application
  Apply hard caps based on configurable criteria such as client type, jurisdiction, business relationship, or regulatory factors.
• Automatic Enforcement
  Hard caps are automatically enforced during risk evaluation, ensuring compliance with regulatory requirements.
• Multiple Cap Rules
  Define multiple hard cap rules for different scenarios, ensuring comprehensive coverage of regulatory requirements.
• Cap Documentation
  Hard caps are documented in risk evaluation reports, providing transparency into minimum risk floor application.
• Regulatory Compliance
  Ensures risk assessments comply with regulatory minimums, supporting regulatory compliance and audit requirements.

Why PrimeAML's Risk Hard Caps Stand Out

PrimeAML's Risk Hard Caps ensure that risk assessments comply with regulatory minimums, preventing clients from being assigned risk levels that are too low based on regulatory requirements.

• Regulatory Compliance
  Automatic enforcement of minimum risk floors ensures compliance with regulatory requirements.
• Flexible Configuration
  Configurable criteria enable definition of hard caps for various regulatory scenarios and requirements.
• Automatic Enforcement
  Automatic application of hard caps during risk evaluation ensures consistent compliance.
• Transparent Documentation
  Hard cap application is documented in reports, providing transparency into minimum risk floor enforcement.

PrimeAML's Risk Hard Caps provide the regulatory compliance assurance you need, ensuring that risk assessments respect regulatory minimums and support effective risk management and compliance.