1. Risk Fields Used to Calculate the Risk Score
SILO calculates the Risk Score based on these seven fields:
Jurisdiction/Country
Industry
Services
Notable Risks
PEP Type (Individuals only)
Delivery Channels
Client Type
Note: Jurisdiction risk is evaluated across all country-related fields:
Jurisdiction of Formation
Nationality
Place of Birth
Physical Addresses
Other Related Countries
2. When the Risk Score Is Calculated
SILO generates a Risk Score when any of the seven fields are populated.
The Risk Score updates dynamically as field values are changed.
3. How the Risk Score Is Calculated
SILO uses a segmented, capped model:
Each risk field contributes independently
If multiple values exist in one field, only the highest score is counted
This avoids inflated risk from cumulative low-risk attributes
Examples:
Example 1:
Jurisdiction: Country A (Score = 1)
Final Risk Score: 1
Example 2:
Jurisdictions: Country A (1), Country B (10)
Final Risk Score: 10
Example 3:
Jurisdiction: Country B (10), Industry: X (1)
Final Risk Score: 11
Example 4:
Jurisdiction: Country B (10), Industry: Y (10)
Final Risk Score: 20
4. Additional Notes on Risk Fields
Multi-select fields only count the highest-risk value
Client Type does not allow multi-select but contributes to score
All score values are configured by SILO per client firm
5. Running Risk Score Reports
To view Risk Scores across profiles:
Navigate to Reports > Risk
Leave filters blank
Click Run Report
Export to Excel for advanced sorting and filtering
6. Updating Risk Score Values (Admin-Level)
To change the score for a specific dropdown value (e.g., a country or industry):
Submit a request to SILO Support
Obtain signed approval from a Director or Senior Manager
SILO will supply a list of impacted profiles
The Compliance Manager must confirm:
Updated Risk Ratings are appropriate
Due diligence requirements are still aligned
7. Practical Tips
Risk Score ≠ Risk Rating: Ratings are often based on scores but not identical
Manually review high scores before escalating Risk Ratings
Use audit logs and version history to track score changes
8. Support
For help with scoring rules or interpretation contact us at [email protected]