Relationship duration risk factor
- Last Updated:Sep 12, 2022
- 1 minute read
Relationship duration risk factor
Regulations in the financial industry require that you assess the risk profile of your individual and organization customers.
The relationship duration related risk factor applies to individual and organization customers. The risk is assessed based on the duration of the relationship between the customer and the company.
The risk is calculated using the DurationOfRelationShip scorecard rule and is based on the DurationOfRelationShipScore declare expression rule, which evaluates the duration of the relationship with the customer in years. The calculation measures the difference between the RelationshipStartDate value and the current date.
Rule name | Class | Type | Ruleset | Description |
---|---|---|---|---|
DurationOfRelationShip | PegaFS-Data-RiskProfile | Scorecard | PegaFS | Calculates the duration of the relationship. |
DurationOfRelationShipScore | PegaFS-Data-RiskProfile | Declare expression | PegaFS | Contains the duration of the relationship with the customer in years. |
For more details about how to extend customer risk properties, see the Implementation Guide on the Pega Client Lifecycle Management for Financial Services page.