Elucidate Description

Elucidate is a company specializing in financial crime risk management that empowers financial institutions to evaluate and assign a monetary value to financial crime risks via the Elucidate FinCrime Index (EFI), an automated system created in collaboration with top global correspondent banks. This innovative platform simplifies the process of scoring, managing, and pricing financial crime risk effectively. With the help of blockchain technology, our solution is tailored to meet the specific requirements of our users, allowing them to avoid unexpected challenges while keeping a close watch on the financial crime risk levels of their affiliates. Enhance the capabilities of your Compliance teams with our automated, data-driven methods, ensuring you can oversee and manage correspondent banking financial crime risks efficiently. By utilizing benchmarked risk profiles from more than 18,000 financial institutions, you can safely expand your business operations while also controlling due diligence expenses through automation. Our platform provides a seamless transition from volume-based to risk-based payment pricing, enabling you to identify and address financial crime risks in real-time, maintaining a secure and compliant financial environment. In doing so, organizations can gain a competitive advantage by proactively managing their risk exposure.

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Company Details

Company:
Elucidate
Year Founded:
2018
Headquarters:
Germany
Website:
www.elucidate.co

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Customer Support
Online Support

Elucidate Features and Options

Financial Risk Management Software

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Fraud Detection Software

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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