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KYC Attribute Parameters in Rule Manager

For tenants that use the integrated CLM and TM solution, a new category of parameters is now available in the Rule Manager UI, enabling users to build rules that can reference KYC attributes of an entity. Before using KYC attributes in the Rule Manager, the required KYC attribute checks must be pre-created and approved in the 'Entity Data Rules' module. This enhancement allows for more comprehensive AML rule building by combining KYC information from an entity profile with transaction conditions.

Rule query limit : extend query lookback period in a business rule

A new field, 'query limit' has been introduced in the tenant configuration file to control the query limit for live Elastic search queries during rule execution. This field determines how far back in time a rule can search. The default limit is set to 30 days, but it can now be increased to a maximum of 1 year (365 days). However, this extended limit (beyond 30 days) should only be applied to tenants where we have a contractual agreement to process a low volume of transaction data. A low-volume tenant typically processes around 2,000 transactions per day, or around 60,000 transactions over a 90-day period. This configuration allows users to input a query period in the rule manager that exceeds the previous 30-day limit, based on the value set in the system settings. .