Introducing: Advanced risk scoring formulas

What's changed?

You can now calculate risk scores using four different methods:

• Maximum: Assigns the highest value among all selected risk factors

• Minimum: Assigns the lowest value among all selected risk factors

• Conditional: Uses IF-ELSE conditional rules to calculate the risk score

• Custom: Defines a formula with factors, scores, constants, and basic math operators

We've also redesigned the process of configuring risk scores to make it more intuitive and user-friendly.

Why it matters

With this new feature, you can define sophisticated risk formulas that generate more precise and relevant risk scores, aligning with your specific organizational needs and accurately reflecting your unique risk landscape.

How it works

1. Navigate to Risk → Risk Management → Settings and click +Add Risk Score.

2. Enter the score name, choose the field criteria, and select your preferred risk score calculation method from the four options available.

3. Validate the formula, configure the range, and create your new risk score.

Need help?

Your Customer Success Manager (CSM) is always ready to help if you need assistance.
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