Skip to main content


         This documentation site is for previous versions. Visit our new documentation site for current releases.      
 

AML CDD profile categorization

Updated on January 13, 2022

Organizations move their customers through onboarding, maintenance, review, and offboarding journeys, during which it is crucial that customers consistently understand all parties involved. Complex customer organizations can have many related parties. The due diligence requirements of the parties are based on many factors, such as type, risk model output, and screening results.

Pega Client Lifecycle Management for Financial Services Implementation Guide

To provide an efficient process, the organization’s systems must identify each customer party, make ongoing assessments, and ensure that the required level of due diligence activities is carried out. Any business rules that drive the identification and assessment processes must be configurable.

The system categorizes every party as either a contracting or a related party. Specific logic is then applied to determine an Anti-Money Laundering (AML) Customer Due Diligence (CDD) profile across Exempt, Simplified, Full, or Enhanced levels of due diligence.

Have a question? Get answers now.

Visit the Support Center to ask questions, engage in discussions, share ideas, and help others.

Did you find this content helpful?

Want to help us improve this content?

We'd prefer it if you saw us at our best.

Pega.com is not optimized for Internet Explorer. For the optimal experience, please use:

Close Deprecation Notice
Contact us