Automate Risk Scoring

Automate risk scoring and simplify risk management using a user-friendly scoring engine.

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Efficiently monitor and manage risk

Tailored to your risk scoring model

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Easily build your own risk scoring system, without programming skills. Go live quickly.

Automatically generate Risk Profiles

Automatically assign low, medium, or high risk category to your business-related entities, such as businesses, buyers, merchants, and suppliers, within Parallel Profiles (CRM database).
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Onboard multiple teams to mitigate global risk

Implement enterprise-wide risk assessments across multiple lines of business, geographic locations, and other applicable criteria.
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Unlock powerful and automated reports

Analyse and download dynamically generated reports featuring key data and concise summaries.
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Mike AI: Your copilot for smarter risk scoring

Customize Mike, our Generative AI, to fit your processes and maximize the benefits of a powerful copilot!
Generate helpful reports to meet regulators' requirements.
Have a peer performing the risk assessment to refine your risk evaluation and avoid oversights.
Discover with our team how you can apply Mike AI.

Risk scoring use cases

Know Your Customer / Know Your Business
Limited Partner profile
Procurement
Credit risk assessment
Other compliance programs

A comprehensive risk evaluation for AML processes

Additional checks beyond risk scoring
Compliance
Implanta tu proceso de KYC o KYB y reúne los datos y documentos necesarios de tus clientes.
Crea alertas de vencimiento según el nivel de riesgo de tus clientes y asegura el "KYC refresh" de todos tus clientes.
Optimiza tu proceso, tras detectar las fases más sensibles y analizar el tiempo dedicado a completar el proceso de KYC/KYB.
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Ventas y Operaciones
Acelera tus operaciones y tus procesos de venta con formularios inteligentes
Crea alertas de vencimiento y revisión, operando en un entorno privado y seguro.
Detecta cuellos de botella y distribuye la carga de trabajo. Visualiza el volumen de trabajo de tu equipo.
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Fintech y Servicios Financieros
Construye tu proceso de Know Your Customer (KYC) y recibe y verifica la información requerida de tus clientes. Crea alertas de actualización para mantener el cumplimiento de la ley de prevención de blanqueo de capitales.
Crea y gestiona los contratos comerciales de cada cliente y programa alertas de vencimiento.
Analiza las altas de nuevos clientes en un periodo de tiempo y obtén insights clave para el negocio.
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Data review dashboard
Go through the provided data one by one to approve or decline documents, and start or reject the client relationship.
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AML Screening & Monitoring
Check your client against real-time watchlists, PEP & sanction lists, country-specific databases.
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Risk Score Refresh
Automatically refresh the risk scoring profile whenever clients data is updated (remediation, KYC refresh, etc.).
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Activity logs
Closely monitor every client interaction and flag suspicious data. This will also serve as a valuable historical record for compliance audits.

Enhancing your AML processes

Compliance
Implanta tu proceso de KYC o KYB y reúne los datos y documentos necesarios de tus clientes.
Crea alertas de vencimiento según el nivel de riesgo de tus clientes y asegura el "KYC refresh" de todos tus clientes.
Optimiza tu proceso, tras detectar las fases más sensibles y analizar el tiempo dedicado a completar el proceso de KYC/KYB.
An imagen representing how the recipient can upload documents and chat with the user
Ventas y Operaciones
Acelera tus operaciones y tus procesos de venta con formularios inteligentes
Crea alertas de vencimiento y revisión, operando en un entorno privado y seguro.
Detecta cuellos de botella y distribuye la carga de trabajo. Visualiza el volumen de trabajo de tu equipo.
An image representing the dashboard with all the parallels and automatic reminders
Fintech y Servicios Financieros
Construye tu proceso de Know Your Customer (KYC) y recibe y verifica la información requerida de tus clientes. Crea alertas de actualización para mantener el cumplimiento de la ley de prevención de blanqueo de capitales.
Crea y gestiona los contratos comerciales de cada cliente y programa alertas de vencimiento.
Analiza las altas de nuevos clientes en un periodo de tiempo y obtén insights clave para el negocio.
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We stand by you
We help you with your processes from the beginning of the relationship, understanding your objectives and designing tailored solutions for you.
Learn more
We protect your clients' data
Parallel follows ISO/IEC 27001 best practices for Information Security Management, and adheres to privacy and security principles from the design stage.
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We help you navigate your integrations
Effortlessly connect and integrate some tools into our platform, enabling secure automations and streamlined data flows for your risk assessments.
Go to integrations

This is how our clients use the forms

Smart forms for smart teams
KYC
Cuatrecasas’ back-office saves 40% of the time, simplifying KYC onboarding
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"Life before Parallel was a series of uncoordinated and not visible generic KYC checklists and scattered documents. Now everything is organized and super easy to manage. And clients have told me they love it too!"
Mireia Sánchez
Executive Assistant at Cuatrecasas
onboarding
Life Extension Ventures revolutionizes the onboarding process with Talenta
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"Previously, it took us 3 to 4 weeks to complete and sign all the paperwork. With Parallel, some investors finished the process in just 10 minutes. We've improved the efficiency of the team, as they can now easily monitor and review, without constant follow-ups."
Adrià Leira
Director of Alternative Investments
KYB
SeQura’s 83% faster process enhances merchants’ experience
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"Parallel has provided us with the balance we were seeking between minimal friction during merchant onboarding and improved compliance management. The KYB onboarding process is now about 4 times faster."
Irene Barrero
Strategic Project Enabler at SeQura

Frequently asked questions

Why do companies often need a risk scoring solution?
Companies often need a Risk Scoring solution to efficiently identify and manage potential risks, ensuring compliance with regulations and minimizing financial losses. This proactive approach enhances decision-making and safeguards the company's reputation and assets.
How easy is it to build a risk scoring system in Parallel?
Add calculation fields to your smart forms is a user-friendly experience. Once set up, the system generates a profile displaying the risk score of your client/provider, which can be updated as needed. You also will be able to conduct other monitoring and reporting processes to streamline your risk management efficiently.
How can I integrate Parallel risk scoring with my CRM?
We help you manage your integrations. Connect to our API via Zapier, for instance, and integrate with your CRM. Popular choices among our clients include HubSpot, Salesforce, Pipedrive, Mailchimp, and more.

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More than 2,000 people have already transformed their teams with Parallel.
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