Riskivo

Riskivo is a cloud-based client and matter risk assessment (CMRA) platform designed for law firms in England and Wales to support anti-money laundering compliance in line with Solicitors Regulation Authority (SRA) expectations.

Key features and functions include:

Structured client and matter risk assessments
The platform guides users through client risk assessments, matter risk assessments, and combined client-and-matter risk assessments, adapting the required workflow to the type of client, the nature of the instruction, and whether prior client due diligence remains valid.

Firm-configurable risk scoring
Firms can configure risk factor weightings, thresholds, enhanced due diligence (EDD) triggers, and assessment rules to align scoring with their own documented risk appetite and firm-wide risk assessment.

AI-assisted rationale drafting
AI-assisted functionality drafts narrative rationale for triggered risk factors and scoring outcomes, for review and editing by fee earners. Risk scores, classifications, and EDD requirements are determined through rules-based logic rather than by the AI component.

Audit-ready reporting
Completed assessments produce downloadable, firm-branded PDF reports supported by detailed audit records documenting the risk factors, scoring rules, and assessment information applied at finalisation.

Client due diligence lifecycle tracking
The platform tracks the validity of existing client due diligence and directs fee earners to the appropriate assessment path, such as a matter-only assessment or a full refresh, when a new matter or instruction arises for an existing client.

Firm-level risk analytics and configurable questions
Additional functionality includes configurable assessment questions and firm-level risk analytics.