Risk Assessment in Caseload

In this video we explain the process of conducting an Anti-Money Laundering (AML) risk assessment for client transactions. It covers gathering client information, assessing location-based risks, evaluating client interaction, and considering sanctions, politically exposed persons (PEPs), and adverse media. The initial risk assessment is marked as “high” to highlight potential risks, which triggers a review by the Money Laundering Reporting Officer (MLRO). The MLRO verifies and approves or rejects the transaction. The system tracks the assessment at each stage (initial, interim, and final) and provides an easy way for the MLRO to monitor and manage transactions. Additionally, the video demonstrates completing AML certification for different transaction types, including property purchases.

Risk Assessment Warnings in CaseLoad

In this video, we provide an update on our system’s ability to enforce completion of risk assessments. We discuss reminders within specific time frames and the consequences of not completing assessments. No immediate action is required from you, but understanding the process is crucial for compliance.

Conflict Searches in CaseLoad

This video demonstrates how to perform a conflict search within our software system, allowing users to search for potential conflicts related to names, addresses, emails, and other criteria. It shows how to add search terms (such as names or email addresses) and search across various areas like clients, contacts, and matters. The results display conflicts within the system, showing where the conflict occurred and offering options to investigate further. The search results are then saved to a PDF and associated with the relevant matter. Additionally, users can run conflict searches on existing matters and save the results to the case file. The video also highlights the ability to skip conflict searches, with an event saved in the system to indicate this.