Patent ID: 7805362

Claim:
A computer-implemented method of assessing money-laundering risk of an individual, the method comprising: using a server comprising at least one processor configured for: gathering, geographic information, personal information, and product information regarding the individual, the product information including information regarding a product of a financial institution purchased by the individual; determining a risk value of the geographic information, a risk value of the personal information, and a risk value of the product information; weighting each of the geographic information risk value, the personal information risk value, and the product information risk value; summing the weighted values to yield a money-laundering risk score; determining whether the geographic information, personal information, and product information include an overriding risk attribute, wherein overriding risk attributes are a subset including one or more of the plurality of geographic-, personal-, and product-information-components that are particular risk components requiring enhanced consideration, and an individual risk value associated therewith; determining a trump score for each determined overriding risk attribute and the individual risk value associated therewith; comparing the money-laundering risk score to each determined trump score of each determined overriding risk attribute; replacing the calculated money-laundering risk score with a maximum of the respective determined trump scores of each determined overriding risk attribute when at least one of the respective trump scores exceeds the calculated money-laundering risk score; and using a resulting selection of the calculated money-laundering risk score or the maximum of the respective determined trump scores to assess the money-laundering risk of the individual.