RiskRator
The main product is an automated risk assessment platform designed to evaluate compliance with BSA/AML and OFAC regulations through a transaction-based methodology, providing real-time insights into an entity's risk profile. It utilizes both qualitative and quantitative data while following regulatory standards such as FFIEC guidance to enhance the efficiency and accuracy of risk management processes.
- Industry: KYC & AML (AI-suggested classification)
- Location: Miami Beach, Florida, United States
- Founded: 2018-01-01
- Website: https://riskrator.com
Product & Features
- RiskRator calculates residual risk scores using uploaded control validation results.
- It generates comprehensive risk assessment reports detailing methodology and risk profiles.
- Reports include specific AML/CFT and OFAC risk profiles, ratings, and directions.
- The platform profiles an institution's customer base, products, services, and locations.
- Reports feature over 90 charts to visually communicate risk profiles and assessment findings.
- RiskRator helps align risk assessments and insights with prevailing regulatory standards.
Notable Customers
- AML Compliance Consultants
Similar Companies
Frequently Asked Questions
What is RiskRator?
The main product is an automated risk assessment platform designed to evaluate compliance with BSA/AML and OFAC regulations through a transaction-based methodology, providing real-time insights into an entity's risk profile. It utilizes both qualitative and quantitative data while following…
What does RiskRator do?
RiskRator calculates residual risk scores using uploaded control validation results. It generates comprehensive risk assessment reports detailing methodology and risk profiles. Reports include specific AML/CFT and OFAC risk profiles, ratings, and directions.
Who are RiskRator's customers?
RiskRator's customers include AML Compliance Consultants.
What category does RiskRator fall under?
RiskRator is a legal technology company in the KYC & AML (AI-suggested classification) category.
Where is RiskRator based?
RiskRator is based in Miami Beach, Florida, United States.
When was RiskRator founded?
RiskRator was founded in 2018.