Entity Profile

Automations available for the Entity Profile enables the admin to configure all Pending KYC requests with the status of Accepted and at least one AML case is in the closed status, for next steps.

For each of the following configuration options, the administrator has the ability to automate the next steps for all Pending KYC requests that are in Accepted status and have at least one AML case closed.

Next Periodic Review - Once enabled, the next rescreening of the entity can be set to a specific time frame (Days, Months or Years).

Set Profile Status To - With this enabled, the entities profile will changed to New, Review, Escalated, Approved, Rejected or KYC Refresh.

Set Risk Level To - When enabled, this feature will auto set the Risk Level from Low Risk (1), Low-Medium Risk (2), Medium Risk (3), Medium-High Risk (4) and High Risk (5).

Approved Entity Profile - This feature will update the entities profile when in the Approved status to New, Review, Escalated, Rejected or KYC Refresh if a Request For Update Event has been triggered or an existing case has new issues.

Once all of the above settings have been configured to match the users compliance needs, Save button must be clicked to apply this settings to your dashboard.