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Risk & ECDD

Guided risk assessments
with clear escalation to ECDD

duely helps teams assess matter-level ML/TF risk using structured triggers, documented rationale, and clear escalation into enhanced due diligence when risk indicators appear.

Why this matters

Risk is where firms often lose consistency. One person writes a paragraph. Another gives a traffic light score. Later, nobody can explain why the matter was treated that way.

duely records the rating, the triggers behind it, the rationale, and whether ECDD is required. When high-risk indicators appear, the matter moves into a structured ECDD path rather than an informal side conversation.

What is included now

01

Low / Medium / High rating

Assign a structured risk rating based on assessed factors. The rating drives ongoing CDD frequency and ECDD requirements.

02

Structured risk triggers

Evaluate risk factors including customer type, geographic risk, product complexity, and transaction patterns.

03

Mandatory rationale

Every risk rating requires documented rationale. No risk decision can be saved without explaining why.

04

Automatic ECDD flagging

When high-risk indicators appear, the matter moves into a structured ECDD path with required actions.

05

Version history

Track how risk assessments change over time. Each version records the rating, triggers, and rationale at that point.

06

Reassessment path

When new evidence changes the picture, reassess risk with a clear record of what changed and why.

Regulatory basis

Risk assessment under tranche 2

  • Risk-based approach: low, medium, high ratings with documented rationale
  • ECDD required for high-risk indicators (PEP, high-risk jurisdictions, complex structures)
  • Source of funds and source of wealth are distinct ECDD requirements
  • Senior management approval for high-risk customer relationships

Turn risk decisions into a consistent record

Structured risk assessment with documented rationale and clear ECDD escalation.