- Knowledge Base
- Onboard
- Risk Models
Risk Override
There will now be a drop down of configurable list options for Risk Override. You will be able
to add the most often used reasons that a risk might be overridden, from within your usual
prospect processing. The reason will be recorded, along with the time stamp and user that
chose to override, as previously shown for Risk Override. There are no limits on the number
of times a Prospect could have their Risk Assessment amended or overridden.
Each risk override will require justification added. Any amendments that have been made, and
by whom, will be displayed in a tabular form.
This list can contain as many or as few reasons, as required by the client. This can be
configured to reflect the client’s needs.
If you were wishing to change a risk rating from High to Low, for example, changing the Override Risk Score in the drop down (this will show you all the currently unselected Risk Ratings) will allow you to do this.
This feature enables greater flexibility around risk rating. The change adds an optional additional human-interaction layer. It also requests that you add notes to document the reasons, or justifications, for the override. It is possible to override the risk rating given at any stage from data approval to compliance approval.