Patent ID: 7801811

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 information regarding the individual; wherein the gathered information comprises geographic information, personal information, and product information; determining a risk value for each of a plurality of geographic information, the determining comprising: determining a risk value for each of a plurality of geographic information components; weighting each of the plurality of geographic-information-component risk values; and summing the plurality of weighted geographic-information-component risk values; determining by a computer processor a risk value of the personal information, the determining comprising: determining a risk value for each of a plurality of personal information components; weighting each of the plurality of personal-information-component risk values; and summing the plurality of weighted personal-information-component risk values; determining by a computer processor a risk value of the product information, the determining comprising: determining a risk value for each of a business channel type and a product of the individual; weighting each of the business channel type risk value and the product risk value; and summing the weighted business channel type risk value and the weighted product risk value; calculating a money-laundering risk score using the geographic information risk value, the personal information risk value, and the product information risk value; 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.