Systems and methods for managing risk associated with a geo-political area

A computer implemented method for managing regulatory and reputational risk comprising the steps of:

• receiving into a computer system data descriptive of informational artifacts with content related to at least one of reputational and regulatory risk;
• defining within the computer system one or more geo-political areas;
• associating one or more of the informational artifacts with one or more of the geo-political areas;
• receiving into the computer system details of a financial transaction, wherein the details comprise an indication of at least one geopolitical area associated with the financial transaction;
• associating at least one informational artifact related to at least one of reputational and regulatory risk with the at least one geopolitical area associated with the financial transaction;
• and
• generating a report comprising data descriptive of the informational artifacts associated with the at least one geopolitical area associated with the financial transaction.

A computer implemented method for managing risk associated with a financial transaction, the method comprising the steps of:

• defining within a computer system one or more policies, each policy associated with one or more geo-political area;
• receiving data descriptive of a financial transaction comprising, at least, data descriptive of one or more geo-political areas associated with the financial transaction;
• and
• transmitting the policy associated with the geo-political area to a person responsible for regulatory compliance of the financial transaction.

A computerized system for managing risk associated with a correspondent account, the system comprising:

• a computer server accessible with a system access device via a communications network;
• and
• executable software stored on the server and executable on demand, the software operative with the server to cause the server to:
• receive into a computer system data descriptive of informational artifacts with content related to at least one of reputational and regulatory risk;
• define within the computer system multiple geo-political areas;
• associate one or more of the informational artifacts with one or more of the geo-political areas;
• receive into the computer system details of a financial transaction, wherein the details comprise an indication of at least one geopolitical area associated with the financial transaction;
• associate at least one informational artifact related to at least one of reputational and regulatory risk with the at least one geopolitical area associated with the financial transaction;
• and
• generate a report comprising data descriptive of the informational artifacts associated with the at least one geopolitical area associated with the financial transaction.

Computer executable program code residing on a computer-readable medium, the program code comprising instructions for causing a computer to:

• receive into a computer system data descriptive of informational artifacts with content related to at least one of reputational and regulatory risk;
• define within the computer system multiple geo-political areas;
• associate one or more of the informational artifacts with one or more of the geo-political areas;
• receive into the computer system details of a financial transaction, wherein the details comprise an indication of at least one geopolitical area associated with the financial transaction;
• associate at least one informational artifact related to at least one of reputational and regulatory risk with the at least one geopolitical area associated with the financial transaction;
• and
• generate a report comprising data descriptive of the informational artifacts associated with the at least one geopolitical area associated with the financial transaction.