If your risk‑based AML approach still lives in Excel, you’re spending too much time introducing inconsistency and making audits harder than they should be. With Sinpex’s Compliance Risk feature, upload your firm’s risk matrix once, and let the platform compute risk, screen stakeholders, explain results with a visual risk tree, trigger task‑driven reviews only where human judgment is needed, and monitor changes continuously after onboarding.
Most compliance teams begin with a spreadsheet. It’s flexible, until it isn’t. Processes become slow and error‑prone as analysts re‑key data and hand‑calculate scores. Decisions differ between analysts, making outcomes inconsistent. Explaining why a customer is medium versus high risk becomes difficult, and once a client is onboarded, risk rarely gets updated when circumstances change. This status quo is not only inefficient but also risky: regulators expect a documented, consistent and continuously applied risk‑based approach.
With Sinpex you can operationalize your risk‑based approach directly inside your KYC / KYB workflow. Upload your risk matrix, map factors and weights, and let the platform automatically compute risk scores. Integrated AML screening for PEPs, sanctions and adverse media happens in the same flow. The visual risk tree makes scoring transparent, while a task‑driven interface ensures analysts only step in where judgment is needed. Continuous monitoring keeps you informed if risk changes post‑onboarding, and every action is captured in a time‑stamped audit trail.
Outcome: A slow, manual process becomes a fast, guided and fully auditable workflow.
Compliance analysts gain instant scoring, clear tasklists, and transparent explanations and the corresponding actions to resolve the task. Less ambiguity means faster throughput and higher confidence. AML Officers and Compliance managers, in turn, can digitally implement their policies for consistent application across the organization, update logic at any time, and rely on a full audit trail when facing regulators.
Unlike generic tools, Sinpex lets you mirror your own policy exactly. You define factors, values, and if you need a maximum or weighted risk aggregation – if’s even possible to configure thresholds for incoming hits and auto-review of hits.
Multiple different permissions ensure that certain user groups can enter only defined actions (e.g. “high-risk cases can only be accepted by management” or “Risk review can only be done by 2nd line of defense”).
Automation ensures ratings are consistent, while the visual risk tree shows exactly how each element contributed. Integrated screening eliminates the need for multiple tools. Continuous monitoring ensures risk doesn’t stop at onboarding, and the audit trail provides confidence under scrutiny.
You can even integrate your internal blacklists. We screen stakeholders against it and notify you if there is a hit. In such scenarios, you can use the risk level "prohibited" which would lead to the rejection of the customer.
Start by importing your current matrix into Sinpex. Map your factors and thresholds, activate screening via ComplyAdvantage, and run a pilot alongside your existing process. Within weeks, you can calibrate and move into production with confidence.
Customers typically achieve 50-80% faster assessments, consistent risk ratings across analysts, and simpler audits thanks to transparent logic and full documentation. The reduced manual handling lowers operational risk and ensures changes in customer profiles are never missed.
Sinpex helps codify and apply your risk‑based approach consistently. Enhanced checks are triggered via task‑driven workflows when thresholds or hits demand it. Continuous monitoring automatically detects changes, and a complete audit trail evidences compliance with record‑keeping requirements.
What is a risk‑based approach (RBA) in AML?
It tailors due diligence to the customer’s inherent and residual risk. Sinpex encodes your RBA and applies it consistently.
How do screening results affect the score?
Potential PEP, sanctions or adverse media hits are reflected in the risk tree. Tasks are generated for analysts to resolve matches.
Can we use our existing spreadsheet?
Yes. Upload your Risk mappings and define your risk factors – no need to start over.
Do we still need human review?
Yes, but only for cases that require judgment. Sinpex surfaces exceptions instead of repeating manual checks.
What about re‑assessments after onboarding?
Continuous monitoring detects changes and triggers tasks for review.
Ready to move beyond spreadsheets? Let’s digitize your risk policy and show results in weeks.
Book a demo or email to see the Compliance Risk module in action.
