A defensible risk rating, and the decision, recorded.
A defensible risk rating (High, Medium or Low) and the decision, recorded against the client.
How Assess runs
Once the ID check and screening are back, your team completes a risk assessment that produces a defensible High, Medium or Low rating. The decision is recorded against the client with its reasoning kept for audit, and the rating, who rated it and when write back to your practice software.
Assess, step by step
The result comes in
- Sent once the client completes their ID check
- Pre-populated with the ID and AML results
The assessor opens it
- Your admins receive it by default
- With a staff PIN set, completed without logging in
Answer the questionnaire
- Services provided and delivery model
- Complexity and expected transaction types
- Monitoring frequency
- Next to the client's verified details and AML results
Rate and record
- Low, Medium or High, picked or scored
- A person always reviews the result
- The decision, assessor and date saved for audit
Higher risk goes further
- Medium and High risk clients can be taken through enhanced due diligence forms
It runs inside the practice software your team already uses and writes the result back where they already look. See the integrations →
What the assessment records
Delivered as a template. Edit the questions and default answers to match your AML/CTF program.
Growth and aboveThe assessor picks the rating, or the answers are scored against your thresholds. A manual override is allowed and recorded.
Calculated on Growth and aboveSet a staff PIN and assessments can be opened and completed without logging in to IdentityCheck.
Growth and aboveThe verified name, date of birth, document and AML results sit on the same screen as the questions.
Each step is saved with a snapshot of the form. Once decided, the assessment is read-only.
The risk rating, the completed date, who completed it and a link to the assessment write back on two-way integrations such as XPM, HubSpot and FYI.
EDD forms linked to Medium or High risk, so higher-risk clients get the closer look the rules expect.
Badges show the IdentityCheck tier a feature needs. Compare pricing →
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Common questions about Assess
Can we set default answers to the risk assessment questionnaire?
The questionnaire is delivered as a template. It can be edited, including default answers, on Growth plans and above.
What is the difference between manual and calculated ratings?
With a manual rating the assessor picks Low, Medium or High. With a calculated rating the answers are scored against your thresholds, on Growth plans and above. Either way the decision is recorded.
Does the rating reach my practice software?
Yes. The risk rating, who completed it and the date flow back on two-way integrations. See the integrations.
What about clients onboarded before the rules commenced?
In general, you only need to assess pre-commencement clients if there has been a significant change, or you are providing new designated services. Refer to the AUSTRAC regulations or a lawyer for legal advice.
Does IdentityCheck make my firm compliant?
It runs the checks and keeps the record. Your AML/CTF program, compliance officer, AUSTRAC enrolment and reporting stay with your firm. Read the Tranche 2 guide.
Ready to make onboarding minutes, not hours?
Start free and run your first check today, or book a demo and we will walk you through it.