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Overview
EDD Reporter provides enhanced due diligence
for the “Know Your Customer” and Customer
Identification Programs required by the USA Patriot
Act, with a specific emphasis on Section 326 of the
Act. EDD Reporter provides a comprehensive solution
to managing the customer account opening and account
maintenance process, along with the risk-based modeling
for AML risk.
Highlights:
- Uses risk weighted scoring based
on individual criteria and configurable risk
models.
- Risk factors and scores are used to categorize
customers into risk classes.
- Customer acceptance models enable an organization
to identify and track customer identification,
verification and documentation requirements.
- Ability to link to company wide acceptance
documentation requirements such as an account
opening forms and financial statements.
- Ability to store imaged files of customer
verification documentation
- Electronic links to identity verification
companies dynamically, and as a
component of the customer acceptance process.
- Security rights and controls are customizable
and enterprise-wide.
More Information
Please select a link for more information on EDD Reporter:
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