Model for Identification of Politically Exposed Persons

Perspectives in Business Informatics Research: 16th International Conference, BIR 2017: Proceedings. Lecture Notes in Business Information Processing. Vol.295 2017
Mārīte Kirikova, Zane Miltiņa, Arnis Staško, Ingars Eriņš, Jānis Grundspeņķis, Girts Kebers

Due to increasing strength of regulatory requirements in area of money laundering and terrorism financing prevention, financial institutions are looking for ways to retrieve, analyse and interpret relevant information on politically exposed persons (PEPs). Task addresses complex decision making over distributed data. Manual PEP identification is labour and time consuming, therefore, IT solutions are necessary to support and enhance the process. This paper highlights the complexity of regulatory demands inherent in the PEP definition, reveals a number of requirements for PEP identification and proposes a model for PEP status identification. The model follows a multi-agent paradigm enabling several scenarios of PEP identification with involvement of software and human agents. Although the proposed PEP status identification model is created in accordance with the regulatory requirements and countries specific data sources for the Republic of Latvia, still, the model can be adjusted for use also in other EU countries. © Springer International Publishing AG 2017.

Atslēgas vārdi
Conceptual modelling, Data and business analytics, Multi-agent approach, Politically exposed person
DOI
10.1007/978-3-319-64930-6_10
Hipersaite
https://link.springer.com/chapter/10.1007%2F978-3-319-64930-6_10

Kirikova, M., Miltiņa, Z., Staško, A., Eriņš, I., Grundspeņķis, J., Kebers, G. Model for Identification of Politically Exposed Persons. No: Perspectives in Business Informatics Research: 16th International Conference, BIR 2017: Proceedings. Lecture Notes in Business Information Processing. Vol.295, Dānija, Copenhagen, 28.-30. augusts, 2017. Cham: Springer Nature, 2017, 133.-147.lpp. ISBN 978-331964929-0. e-ISBN 978-3-319-64930-6. ISSN 1865-1348. e-ISSN 1865-1356. Pieejams: doi:10.1007/978-3-319-64930-6_10

Publikācijas valoda
English (en)