Velocity FinCrime Solution Suite

Velocity FinCrime Solution Suite helps financial institutions comply with Anti-Money Laundering (AML), Bank Secrecy Act (BSA), and FATCA regulations with ease and simplicity. The solution has been built using Artificial Intelligence (AI), Machine Learning (ML) and Big data capabilities, which allows system to use multiple detection methods and an advanced analytics engine to help institutions, large and small, achieve compliance while reducing risk and increasing efficiency.

Velocity Country Risk Score

Velocity Country Risk Score is a composite measure of uncertainties of doing business in a particular country. Arising out of various global and systemic factors related to geo-political, macro-economic, social, and legal environments of a country, these uncertainties capture broader regulatory risks germane to the jurisdiction in reference that includes money laundering and terrorist financing risks. Thus, Velocity Country Risk captures the comprehensive uncertainties from a multitude of risk dimensions in assessing uncertainty in money laundering and terrorist financing risk for a country. Besides incorporating the guidelines of Wolfsberg Principles,1 Velocity's ML-TF Country Risk Score (CRS) version 3.0 is capturing a multitude of risk dimensions as 6 distinct risk indices: Global regulatory risk index, Narco-terror risk index, Structural terror risk index, Systemic corruption risk index, Systemic regulatory risk index and Systemic legal risk index.

“At its core, the Velocity Country Risk Score model is a stand-alone reality driven comprehensive risk management tool that can be used by all institutions.”

Risk Indices

  • Global Regulatory Risk Index
  • Narco-Terror Risk Index
  • Structural Terror Risk Index
  • Systemic Corruption Risk Index
  • Systemic Regulatory Risk Index
  • Systemic Legal Risk Index







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