Version 8.10

Email notification of InScope-AML Statistics

As mentioned in our Version 8.8 release notes, new features related to Email notifications were to be launched in future releases. Version 8.10 of InScope-AML now allows users to subscribe to email updates on various statistics .

Prior to this, users were able to subscribe to email updates for failed processes only. The new version of the software now allows for a digest of:

• Risk Assessments Due
• Expired Documents
• External Search Hits

N.B. Users can only subscribe to updates on statistics that are within the bounds of their user permissions. For example, a user without risk assessment permissions cannot subscribe to updates on risk assessments due.

In order to subscribe to the email updates, users can simply access the ‘My Settings’ page, accessed via the dropdown menu in the top right hand side of the system:

Once in the ‘My Settings’ menu, users are able to edit their email settings, shown below.

Once in the email settings menu, users can choose to subscribe to the appropriate statistic by using the dropdown menus indicated.

The statistics digest can be sent at a frequency of the users choosing also, either Daily or Weekly depending on need and preference.

Once the statistics digest is received, users can see at a glance items that require attention, allowing for easier focus on actionable items across the database.

Drag and Drop uploading of Documents

In previous versions of InScope-AML, the upload functionality was limited to single file upload using the upload button in the document screen. This allowed users to upload documents one at a time, specifying which document type should be attached to each upload.

This has now been improved with ‘Drag and Drop’ functionality for uploading multiple documents, alongside the original single document upload functionality.

When multiple documents are dragged onto the ‘Document types’ screen users can either upload all documents with no document type attached specified, which will display the below pop-out:

However, if users decide to drag documents to a specific line (For example multiple Address Proof documents) the system will attach the appropriate document type, as shown below.

This update also includes new warnings and help messages when uploading documents.

Updated help text in the Searches screen

Version 8.10 also features updates to the searches screen, in particular notifications related to client who uses StartKYC as their 3rd party search provider.

When an entity which is subject to StartKYC monitoring is created on InScope-AML, the system now prompts the user that a monitor was created but results would return in a few days, as shown below. This notification automatically goes away once the monitor returns any/no hits.

Furthermore, if the user navigates to the Last Search screen on the entity’s profile, similar information will be displayed as can be seen below.

If the monitors returns no potential hits, a new notification will display:

This has been done to assist users in identifying errors in searches when they do occur, versus monitors that have been created and are not yet displaying results.

Reporting improvements

Version 8.10 also comes with a suite of reporting tool updates. Reports such as the Client list, Officer list and UBO list reports are now paged to improve load times.

Segment reports have been updated to this new layout also when shown within the system.

For customisable reports, users can also now define the page size with the dropdown in the report parameters section of each report, shown below:

This update also carries over to Segment reporting, with users now being able to define the format and page layout for Segment reports:

Updated risk source display

In the latest version of InScope-AML, risk sources will now be displayed based on relevance, which is drawn from the ‘Per Entity Weighting’ of the pillar (i.e. transaction pillars will display transaction factors) – For example, in a transaction jurisdiction pillar, the source displayed is no longer ‘Entity’ and is now ‘Transaction’.

This has been done to allow users to more easily determine which risk sources are being considered for a particular factor when reviewing a Risk Pillar.

Segment builder updates

InScope-AML now supports additional conditions for building segments on the date an entity was terminated.

Previously, the segment builder allowed for dates of termination that were either in the past or in the next ‘x’ days. This has been improved in the latest version of the software and users can now build segments using a variety of new comparers:

Transaction country added to Real Estate modules

In the latest version of InScope-AML, the transaction country of a transaction has been included in the risk sources of a jurisdiction type risk pillar for transactions.

In addition, the transaction country can also be used for advanced reporting and rules differentiation in Segment definitions adding further nuance to InScope-AML’s data collection and reporting capability.

Further Real Estate Module updates

This version of InScope-AML also includes further updates to the Real Estate Module.

Additional transaction cancellation reasons and the Status of ‘Contract Cancelled’ has now been replaced with ‘Contract Cancelled/Not Published’, as seen below:

This is supported by the new ‘Reasons for Cancellation’, namely,

• Published by another Notary
• Property Title issues
• Sanction letter not granted

Another real estate update has been added to InScope-AML’s Transactions reporting capability, with Rejected and Pre-POS transactions being included in the Transaction List report.

Users can now also filter by another 2 different options from the POS/Rejected date range field in the report parameters of the Transaction List report. The two new options are Pre-POS and This Year and Pre-POS.

When selecting ‘Pre-POS’ the system will display Pre-POS transactions only.

‘This year and Pre-POS’ will display the current year’s POS/Rejected transactions along with any Pre-POS transactions

Whereas the options of ‘This Year’ and ‘Last Year’ are referring to POS/Rejected transactions within specific date ranges (01/01/2023 – 31/12/2023 and 01/01/2022 – 31/12/2022, respectively, at the time of writing.)

And finally, ‘Custom’ will enable the user to set the appropriate range of dates but will only include POS/Rejected transactions in the report as there is no date to assign prior to POS or rejection.

Minor changes

There have also been a number of minor changes to the system, such as:

• InScope-AML has added functionality to the tab key when in the Countries screen, the Services screen and the report columns in the Client List, UBO List and Stakeholder list report. Before the update, if the tab key was used, an additional country, service or report column were being added to the list, but now it enables the user to move to the next field without having to manually click outside of the entry field.
• When in the ‘Usages’ screen for a Segment, any other segment or report template which utilizes the segment under review is now being displayed.
• InScope-AML’s session logout timer has been updated. Also, If a user does not interact with the system then a popout box will generate asking the user to confirm continued interaction with the system (if logged in). If there is no further interaction then the user will be returned to the login screen.
• Reportable segments are now prioritized over non-reportable segments. The reportability of a segment can be changed any time by going into the segment screen and toggling on/off the Reporting option under Segment Usages.

Bug Fixes

• Entities on the Onboarding/Occasional dashboard screen were displaying incorrectly for clients with the ‘Teams’ feature
• Segment names not displaying correctly in risk assessments when service names, custom field dropdown options and country category names were changed; this is now fixed
• The Last Risk Score for the Risk Pillar ‘X’ was only calculating the ‘Equal’ modifier. The Greater than, Greater than or equal to, Less than and Less than or equal to were functioning incorrectly.
• An incorrect warning for Trusts and Other organizations in the services screen for entities with relationship status ‘onboarding’ was displaying: ‘Cannot add services‘. This has now been fixed.
• Transaction report fixes: Page size defaulted to empty, this should now default to 100
• All segments in report parameters were showing multiple times for clients with multiple teams enabled, this is now fixed and segments display once.
• Jurisdiction-based pillars in Real Estate environments were sometimes experiencing an issue where no ‘Risk Sources’ were displayed. This is now fixed and sources are displaying correctly.
• A Risk Assessment bug was present wherein a service that had no risk score would set a score of 1 in the services pillar (affecting environments only when Risk Assessment per business unit was enabled) is no longer the case
• UN Sanctions updates are now adapted for updates without a specific date for example when the latest records do not have a ‘Listed on‘ date.
• When custom fields were restored from the recycle bin, the simplified rules process was not firing. This has now been resolved.
• Companies with names that are just numbers were considered URL IDs and some screens were breaking. This is now fixed.
• Risk pillars screen – When a risk pillar was deleted, the display order of the remaining items still counted the deleted pillar. This is no longer the case.
• Dependant on the database size, the Client Entity Segment Filter in the Main dashboard screen of the Report tab was taking a long while to display segments. This has now been optimized.