Understanding the Risk Analysis Score - Spectrum_OnDemand - web_services - Latest

Spectrum OnDemand Web Services (REST)

Product type
Software
Portfolio
Verify
Product family
Spectrum
Product
Spectrum > Geocoding > Enterprise Tax
Spectrum > Web Services
Spectrum > Spatial > Spectrum Spatial
Spectrum > Spectrum Platform
Spectrum > Quality > Addressing
Spectrum > Quality > Spectrum Quality
Spectrum > Spatial > Spectrum Spatial Insights
Spectrum > Discovery
Spectrum OnDemand
Spectrum > Dataflow Designer
Spectrum > Spatial > Spectrum Spatial Analyst
Spectrum > Quality > Context Graph
Version
Latest
Language
English
Product name
Spectrum OnDemand
Title
Spectrum OnDemand Web Services (REST)
Copyright
2024
First publish date
2006
ft:lastEdition
2024-07-17
ft:lastPublication
2024-07-17T23:23:16.481321

Risk analysis processing assigns a point value to each of these inputs depending on whether the input was provided and whether it matched a record in the Global SentryCheckGlobalWatchList database. The risk analysis score is the sum of these point values. Points are assigned as shown in this table.

Table 1. Risk Analysis Scoring Method

Input

No Data Provided

Matched

Did Not Match

Name

0

4

0

Address

1

2

0

ID

1

2

0

Date of Birth

1

2

0

Place of Birth

1

2

0

Citizenship

1

2

0

Nationality

1

2

0

Generally, each input that matches the database is assigned 2 points; Name is the exception. A name match scores 4 points. Name score is weighted higher following guidance from sources including OFAC, who indicate that a name match is more significant than other types of matches.

If an input is provided and does not match an entry on the database, it is assigned 0 points and has no effect on the overall risk level. This is consistent with guidance stating that a name match, coupled with a significant amount of additional data which does not match that entry in the database, should not be considered a "hit" against a particular list.

If an input is not provided, it is assigned a score of 1. This has the effect of identifying as higher risk those transactions where one or more inputs match the database, but there are some inputs which are not available for matching. For these types of transactions, the true risk level cannot be accurately calculated because of the missing data. Guidance from agencies such as OFAC suggests that in these cases you should attempt to obtain as much of the missing data as possible in order to return a more accurate assessment of the risk involved in the transaction.

Although higher scores indicate a higher risk transactions, the risk level alone is not always sufficient to determine the appropriate action. This is because different combinations of matched, not-matched, and not-provided inputs can result in the same score. To provide additional information to determine whether an interdiction is appropriate, the Global SentryCheckGlobalWatchList service also returns two indicators for each of the seven inputs that are used in matching. These indicate whether the input was provided and whether the input matched the database. This allows you to perform additional analysis on transactions that are in the middle of the risk spectrum to understand whether it is appropriate to report the transaction to the watch list authority, to flag the transaction as needing additional input data for an accurate risk assessment, to approve the transaction, or to take some other action.