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Documentation Index

Fetch the complete documentation index at: https://docs.frankieone.com/llms.txt

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Video Guide

Risk Assessment

FrankieOne calculates risk to help you assess customers and make informed decisions during onboarding, monitoring, and ongoing due diligence.

Entity risk vs. Workflow risk

When viewing an entity in the Portal, you will see two related risk levels.
LevelWhat it measuresWhen it updates
Entity riskThe entity’s risk state, either based on the latest workflow run or as a cumulative risk across its lifetime (depending on configuration/model).After each workflow run or a manual override.
Workflow riskThe risk score for a single workflow execution.At the end of that workflow run.

How is entity risk calculated

  1. Each check in a workflow returns one or more risk factors (for example, sanctions matches, device risk, jurisdiction).
  2. Each risk factor is assigned a score based on your configuration.
  3. FrankieOne aggregates these scores (sum or average, depending on your model) to produce a workflow risk score at the end of the workflow run.
  4. The score is mapped to a Risk Level (Low, Medium, High, Unacceptable).

How workflow risk and entity risk relate

  1. Workflow risk represents the risk for a single workflow execution (for example, an onboarding attempt).
  2. Entity risk represents the customer’s overall risk profile.
  3. Entity risk is derived from workflow risk, either:
    • based on the latest workflow result, or
    • as a cumulative view over time, depending on your configuration.
  4. A high workflow risk can increase the entity’s overall risk level (for example, from Medium to High).

Entity risk vs Workflow risk

AspectWorkflow RiskEntity Risk
ScopeSingle workflow execution (point-in-time assessment)Overall customer risk profile
PurposeIdentifies risk in a specific onboarding or assessment attemptReflects ongoing risk across the customer lifecycle
Calculation basisRisk factors from a single workflow runDerived from one or more workflow results (latest or cumulative model)
Update timingAt the end of each workflow runAfter each workflow run or manual override (depending on configuration)
Typical use caseDetecting immediate issues during onboarding or screeningMaintaining long-term risk posture for the entity
Risk accumulation over timeEntity risk is updated as new workflows are executed for the same entity. New workflows can change the risk score based on new or updated signals, so the entity risk may increase, decrease, or remain unchanged.Example: A customer is onboarded and assessed as Low risk. Later, during ongoing monitoring, new AML alerts are triggered and the workflow returns High risk. The entity’s risk level is then updated to High.

Risk score and Risk levels

Risk levelScore range (example)Typical action
Low1–30Auto-approve.
Medium31–50Require extra checks.
High51–75Manual review and EDD.
Unacceptable>75Auto-fail.
Your risk score ranges and associated actions are configurable.

Risk factors

Risk factors are defined in your Risk Scorecard and appear in the Risk drawer with their individual scores.
FactorWhat it measuresExample values
num_sanctionsCount of sanctions matches.0, 1+
num_pepCount of PEP matches.0, 1+
device_riskFraud score from device intelligence.Low, High
jurisdictionCountry risk tier.Tier 1–4
document_ageDocument expiry status.Valid, Expired
behaviourBiometrics or usage anomalies.Normal, Suspicious

Overriding risk score

Authorised users can manually set a new Risk score in the Risk drawer (for example, lowering risk after enhanced due diligence).
A manual override remains until any underlying risk factor changes in a future workflow run. When that happens, the system recalculates risk and clears the old override.

Where to find risk information

  • Profile header – shows the current Entity risk badge
  • Workflow events tab – each event row displays its Workflow risk level
  • Risk score – click to open a drawer with risk factor details