Mesh Glossary – ComplyAdvantage Mesh Knowledge Base

Term	Definition
Account	A workspace for a group of users. You may want to have multiple accounts. This allows you to have separate workspaces for your products, or to reflect the structure of your teams. Accounts can also be used to define where data is stored and to control who sees it.
Activity monitoring	The monitoring of a customer's transactions (payments, transfers) and actions (account changes, logins). Our rules engine can spot suspicious activity in real-time and uncover risk at an entity or transaction level.
Adverse media	A news article or other publication which refers to a company or person in a negative light.
Alert	A signal that something suspicious was found, either during the initial screening or as a result of monitoring the customer over time. It collects relevant information together and is presented in a case for review.
Assignee	The user who is currently tasked to work on a assigned Case or Alert.
Audit trail	An audit trail is a detailed timeline of user actions (for example, a note being written) and system actions (for example, a case being created).
Case	A case stores essential details about a particular customer, alerts, any notes written by your users as well as a record of all the activities and changes made to the case.
Case stage	A case stage indicates where a case is in the workflow. For example, whether the case is being analysed, escalated, reviewed etc.
Client	An organization that has a commercial relationship with ComplyAdvantage.
Company	A commercial business, corporation, charity or organization.
Company screening	A process in which a company and its related parties (e.g. directors or owners) are screened for anti-money laundering issues.
Company structure monitoring	When a company is monitored for changes in its structure and key details, e.g. new director, change of owner, change of address, change of industry.
Controlling entity	A company or person who holds a significant control of a company. e.g. a shareholder or officer.
Counterparty	The opposite party in a financial transaction.
Customer	A person or company that has a direct relationship with your company.
Customer monitoring	Continuously checking a person or company for changes in risk. For example, to check if they become sanctioned or a PEP.
Customer screening	Checking a person or company for any associated risks. For example, to check if they are sanctioned, having any associated adverse media or being a PEP.
Decision	The decision that is taken in order to remediate or close a case, which also reflects the level of risk detected during remediation of that case.
Enhanced due diligence	Enhanced due diligence (EDD) is a more rigorous level of investigation to mitigate higher risks associated with certain customers, (such as PEPs), requiring significantly more evidence and detailed information to be collected.
Entity	Someone or something with a legal status in the real world. For example, a person, company, vessel or aircraft.
Fraud detection	The process of identifying and preventing fraudulent activities in financial transactions and other business operations, through the monitoring of transactions and customer behavior.
Hit	A hit occurs when one or more profiles match your screening criteria, with any matching profiles being returned for you to review.
Insights	Insights is a section of the Mesh platform where you can explore interaction and behavior trends through dashboards and exportable data.
Intermediary	An intermediary in a transaction refers to a third-party individual or entity that facilitates or mediates a transaction between two or more entities.
KYB	Know Your Business (KYB) is a process by which organizations verify the identity and legitimacy of the businesses they work with by collecting and verifying relevant information, such as ownership details, financial records, and legal status. This helps organizations assess risk and ensure regulatory compliance, with the goal of preventing fraud, money laundering, and other financial crimes.
KYC	Know Your Business (KYB) is a process by which organizations verify the identity and legitimacy of the businesses they work with by collecting and verifying relevant information, such as ownership details, financial records, and legal status. This helps organizations assess risk and ensure regulatory compliance, with the goal of preventing fraud, money laundering, and other financial crimes.
Match	A match occurs when a user believes that a profile is referring to the person or company they're reviewing. If a user believes a profile is a match, they should mark it as a "true positive".
Note	A message that you can add to objects within the Mesh platform, (for example, cases, profiles or transactions).
Payment screening	Checking a transaction or transactions for any associated risks and regulatory compliance before they are processed. These risk scenarios are typically Sanctions and prohibited territories, but may not be limited to that.
PEP	A politically exposed person (PEP) is an individual who holds, or has held, a prominent public position, or wjo has significant influence, which may make them more susceptible (higher risk) to involvement in corruption, bribery or other financial crimes. Additionally, if someone is related to or married to a PEP, they are also considered a PEP. Our PEP data is divided into four classes based on the level of influence the person holds.
Product	A service that a client supplies to their customer. For example, a bank account or mortgage.
Profile	A profile is a collection of information about a real world entity, such as a person, company, vessel or aircraft. It includes their identifying details (name, date of birth, incorporation date, etc), associations with other entities (individuals, companies etc), as well as any appearances on Sanction, Warning, Fitness and Probity lists, Politically Exposed Persons (PEPs) registers or Adverse Media.
Related party	A person or company linked to a customer in some way. For example, a director of a business, or a counterparty in a transaction.
Risk attribute	The attributes used to calculate the risk score, and subsequent risk level, of a person or company. For example, country of residence, being a PEP, ID type etc.
Risk model	The configurable model used to calculate the risk score, and subsequent risk level, of your customers based on chosen attributes, such as country of residence or being a PEP, and any additional weighting applied to some or all of those attributes.
Risk policy	A risk policy is an internal framework that outlines an organisations approach to identifying, assessing, managing, and mitigating risks. Such frameworks support decision making and ensure that risks are handled proactively and systematically across the organisation.
Risk score and Risk level	Your customers can be assigned a risk score, and a subsequent risk level, via your configurable risk model. The risk score is a number that quantifies the risk level, while the risk level is a way to explain and summarise the score. The risk level categories are 'Unknown', 'Low', 'Medium', 'High', and 'Prohibited'.
Risk scoring	The process of calculating the risk score, and subsequent risk level, of a customer or other entity.
Role	A set of permissions and responsibilities assigned to individuals within an organization, defining what actions they can perform and what resources they can access.
SAR	A Suspicious Activity Report (SAR) is a document filed by financial institutions to report suspected fraudulent or suspicious activities to the relevant Financial Intelligence Unit.
Screening configuration	The configuration of selected and specific sources that you want to screen your customers against, such as Sanction, Warning and Fitness and Probity lists, a Politically Exposed Persons (PEPs) register and Adverse Media.
Screening results	The profiles identified as a result of screening a customer against your screening configuration, for you to review from within a case.
Source	Where our data originates from, such as Sanction lists, Warning lists, Fitness & Probity lists, PEP classifications, and Adverse Media references.
Status	The indication of whether you believe a profile is referring to your customer or not, or whether it is currently in review or not. The four statuses are 'False positive', 'True positive', 'In review' and 'Not reviewed'.
Transaction	A transfer of value, either from one entity to another (for example, a payment), or from one form to another (for example, a foreign exchange transaction or crypto exchange).
User	A user is an individual from within a client who interacts with or utilizes our platform. A user can belong to one or more accounts, and can have distinct roles and access rights in each account.