Why Subscribe to the Money Laundering (ML)/Terrorist Financing (TF)/Proliferation Financing (PF) Client Risk Assessment Tool?
Institutions classified as Accountable Institutions under Schedule 1 of the Financial Intelligence Act, Act No. 13 of 2012 (FIA), as amended, are required to compile money laundering, terrorist financing, and proliferation financing risk profiles for all clients with whom they maintain a business relationship. This obligation aligns with Section 23(1A) of the
FIA
Financial Intelligence Act, Act No. 13 of 2012
RSKRater provides access to a standardized, explicable and defendable regulatory-compliant Client Risk Assessment (CRA) Tool that offers the following benefits:
Standardised, FIA-Aligned Risk Profiling
Create consistent, compliant client risk profiles aligned with your institutional risk assessment.
Automated Risk Calibration
Instantly score and categorise clients (High | Medium | Low) using predefined and customisable risk indicators.
Holistic Risk Visibility
View your entire client-base risk exposure in one central dashboard — identify high-risk segments immediately.
Customisable Risk Weightings
Tailor risk factors, indicators and scoring models to match your business and regulatory requirements.
Flexible Risk Scoring Model
Generate weighted client scores and calibrated entity risk ratings for stronger, risk-based compliance.
Smart Alerts & Deadline Reminders
Automated prompts for due diligence reviews, high-risk approvals, and critical compliance thresholds.
Advanced Compliance Reporting
Generate accurate reports, identify high-risk activities and relationships requiring special approval, and strengthen suspicious transaction detection.
Interactive Dashboard & Analytics
Visual tools to track trends, monitor key risk drivers, and export reports in PDF.
Secure Centralised Risk Repository
All client risk profiles stored securely with real-time updates and strict role-based access controls.
Built-In Data Integrity
Locked assessments preserve audit integrity while allowing seamless re-assessment with pre-populated data.
Full Audit Trails
Track every action across assessors, reviewers, approvers, and administrators.
Role-Based User Management
Customisable permissions ensure the right people access the right data.
Flexible Pricing
Offers scalable pricing options tailored to the size of your client base and budget considerations.
