Geographic risk and money laundering alert system

A computing system comprising a computer processor and a computer memory operatively coupled to the computer processor, the computer memory having disposed within it computer program instructions that, when executed by the processor, cause the computing system to carry out the steps of:

• receiving public information source data from one or more public data servers;
• converting the data to a plurality of risk factors by machine parsing data features, wherein the plurality of risk factors include risk indicators that contain scores and weights;
• building a risk scoring model including calculations based on a cumulative weight of the plurality of risk factors;
• determining a new rating configuration of the risk scoring model;
• identifying an impact on the plurality of risk factors based on the new rating configuration, the impact including a change in the scores and weights of the risk indicators that exceeds one or more risk factor thresholds;
• creating alert data based on the identified impact;
• and
• generating an alert indicator that includes the one or more risk factor thresholds that have been exceeded based on the alert data.

A computer program product comprising:

• a computer readable storage medium having stored thereon:
• program instructions executable by a processing device to cause the processing device to receive public information source data from one or more public data servers;
• program instructions executable by the processing device to cause the processing device to convert the data to a plurality of risk factors by machine parsing data features, wherein the plurality of risk factors include risk indicators that contain scores and weights;
• program instructions executable by the processing device to cause the processing device to build a risk scoring model including calculations based on a cumulative weight of the plurality of risk factors;
• program instructions executable by the processing device to cause the processing device to determine a new rating configuration of the risk scoring model;
• program instructions executable by the processing device to cause the processing device to identify an impact on the plurality of risk factors based on the new rating configuration, the impact including a change in the scores and weights of the risk indicators that exceeds one or more risk factor thresholds;
• program instructions executable by the processing device to cause the processing device to create alert data based on the identified impact;
• and
• program instructions executable by the processing device to cause the processing device to generate an alert indicator that includes the one or more risk factor thresholds that have been exceeded based on the alert data.