Plenitude Compass

Industry-leading financial crime country risk rating

Effective and robust assessment of geographical risk is a cornerstone of financial crime risk management for financial institutions. Country risk impacts many key financial crime controls, including customer risk assessment, business-wide risk assessment and transaction monitoring, and usually carries a significant weighting.

Financial Crime
Financial Crime

Plenitude Compass has been developed specifically for Financial Crime Compliance teams. It combines the most effective aspects of existing solutions with several key enhancements that clearly differentiate it from other vendor solutions:

  • Provides a transparent and procedural approach to country risk calculation, that is fully documented and that aligns with financial crime regulations and guidance.

  • Addresses the complex financial crime risk landscape and provides distinct coverage of six key financial crime risk types facing FIs: money laundering, sanctions violations, terrorist financing, bribery & corruption, tax offences, and proliferation financing.

  • Hosted on our dedicated cloud platform that provides interactive web access to individual country risk dashboards for all 249 ISO-3166 countries, each providing an in-depth analysis of the financial crime risks present.

  • Ensures a maintenance-free solution for our clients, with updates to data sources and risk categorisations performed at least every three months, and changes analysed and documented in detail.

  • Delivers extensive customisation options as needed, including the ability to add and remove data sources, re-configure numerical thresholds, apply overrides to risk categories, and export custom data feeds for use in internal tools and systems.