Sentinel assesses the risk of an entity participating in money laundering, fraud and criminal acts. The entity, here after referred to as ‘the applicant’, is checked against a set of government and private data sources. A list of the data sources can be found by asking your Truth Technologies’ account manager. Identifying information about the applicant is compared against these data sources to determine if the Applicant poses a high risk of being involved in fraud, crime or terrorism. A risk level is then assigned for each data source check. Details about why an applicant received a particular risk level are available in APPENDIX A – Matching Data Source Rules.
For certain data sources and users when a entity is screened before a risk status is assigned Sentinel compares the new entity results to old screens run by the same user to see if a new, duplicate or new data match occurs, see Appendix A for a list of risk levels. The comparison is based on a user’s preference to have the “New Data Alert” enabled, the unique ID of the source data and the last update date if available. See APPENDIX B – New Data Alert and Continuous Customer Monitoring for a list of data sources that use the New Data risk level and how the comparison is performed.
...
When an applicant is screened each available data source is assigned a Risk Result. The result is based on the data entered and on whether a user has chosen to use the “New Data Alert” function of Sentinel. See APPENDIX E – Risk Results for a list of all available risk levels. Risk levels are also prioritized and categorized. The highest risk level is first in all risk drop downs and aggregated reporting.
...