Elucidate for Risk and Compliance

Where Compliance teams go to build their unified risk data story and safeguard their institution

Customize your financial crime compliance process with our Risk Module Builder, to align with your institution's risk appetite, detect prohibited activities faster, and confidently speak the language of regulators.

Build your risk data story

Start your journey to risk decision confidence and compliance efficiency

Drive increases in risk detection

Safely process more risk-free transactions and avoid regulatory pressure with data confidence

<4 weeks, time to value

Spot and remediate risks faster by getting up and running with  Elucidate in under a month

Reduce the percentage of false positives in your system

Safely onboard more good-fit customers, with risk decision confidence

How Risk and Compliance Teams Use Elucidate

It’s as easy as:

Step - 1
Step - 2
Step - 3
  • Automate your compliance, KYB, and KYC processes by building your  own data model Risk Module Builder, tailored directly to your institution’s risk appetite.
  • Instantly gain a 360 view of your financial crime risk profiles and that of your counterparties scored across 9 key risk themes.
Read more about Elucidate for Risk and Compliance
Upload your transaction and customer data

Overcome data overload and multiple silos by uploading your client and transaction data easily via batch or using our API into Elucidate.

  • Build your customized risk data model that makes the most sense for your operational priorities, using key modules, from Data Completeness to Activity Checks and Investigative Analysis.
  • Integrate Elucidate’s workflows with your existing tech stack across KYC, Fraud, and third-party systems via our API, to view your data in the exact way that you want to see it, and align your Risk and Operations teams.
  • Streamline your time to value in under 4 weeks with our Risk Module Builder.
Read more about Elucidate for Operations
Build your own data model

Choose the modules most suited to your needs to build your customized model: from Data Completeness, designed to verify the accuracy of your transaction data, to Activity Checks, which scans and flags transactions that contravene regulatory standards.

  • Use our Risk Module Builder to define your institution’s customized risk decision paths based on your operational priorities.
  • Share risk decision outcomes more easily across compliance, operations, and product teams, with our portfolio assessment tool and instant PDF risk profile reports.
  • Make data-driven decisions about your profit-potential customers, and drive client growth whilst keeping in line with evolving regulation.
Read more about Elucidate for Strategy and Product
View your outputs in the way you want to see it

Our API integrates seamlessly with your existing tools, helping you interpret the data to support better-quality decision-making.

See your data in the way you want to see it, whether directly into your own CRM or productivity software, or via 3rd party builds, you so can get reliably from data to decisions, and process more transactions that enhance your business growth.

Build the data model that can scale with your institution's growing requirements

With Elucidate’s Risk Module Builder, build your risk management framework to your institution’s evolving needs. With over 10 core modules designed for seamless integration and scalability, you can ensure your risk strategies are as dynamic as the challenges you face.

Get from data to decisions faster with your customized data model

Customize your risk management process to your institution’s risk appetite

With Elucidate’s Risk Module Builder, pick the most relevant modules and incrementally link the modules most critical to your immediate data needs. With over 10 core modules designed for seamless integration and scalability, you can ensure your risk strategies are as dynamic as the challenges you face.

Integrate your Risk Management data into your existing systems for greater efficiency

Our interoperable Risk Module Builder easily plugs into your existing tools and systems via our API so you can focus on analyzing risk, rather than on operationalizing data siloes. Finally see the data in the exact way that your institution wants to see it, so you can make informed and clear decisions on the institution, customer, and transaction level.

Enrich your decision-making with real-time, standardized Risk Scoring

Choose our Risk Scoring module, and translate complex and disparate data into definitive risk profiles and scores, to better define your risk appetite, streamline transaction monitoring, and speak the language of regulators, with our BaFin and ESMA-authorized risk benchmark.

Leverage intuitive exception management

Easily identify transactions or duplications that deviate from normal patterns of expected behavior and review, allow, or disallow them in the system.
Learn more about our Risk Module Builder
We're the only data tool in the market designed exclusively for risk, operations, and strategy teams combating financial crime, and we've built a no-code product customized to your specific challenges.

Our founder was previously the Head of Financial Crime Compliance at Standard Chartered Bank and built Elucidate in response to the lack of structure and reliability in the risk and payments industry, to help teams like yours process payments faster, while confidently managing operations targets and regulatory requirements.
+1200
Data points analyzed per bank report
+17
Data sources feeding our model
12+
Leading market integrations
>100tps 24/7
For processing higher payment volumes

The modules designed for Risk and Compliance teams

FI Assessment
Risk Scoring
Activity Checks
Entity Resolution
Or learn more about the many different Elucidate modules, designed to help you build the data model for you.
Learn More
Elucidate has helped companies across 5 continents safely process billions in payments, with risk decision confidence  
TRUSTED BY

How Raiffeisen Bank uses Elucidate to assess their risk exposure and enhance portfolio decision-making

Enterprise-grade security and compliance

Your data is safe with us. We hold an ISO 27001:2013 certification covering our data security, technology, legal compliance, and human resources, meaning your data is securely transmitted and stored. Your details remain protected under our data processing agreement.
”Elucidate enriches our internal analyses with additional external data-based assessments. This raises the discussion with our clients to a new qualitatively and quantitatively improved level and makes our compliance framework even more robust.”
Valerie Brunner
Member of the Management Board at Raiffeisen Bank International
“By [working with Elucidate to] deploy data analysis at scale for preliminary and ongoing risk analysis, we can lower respondent acquisition and maintenance costs to a point that more commercial relationships are commercially feasible.”
Francesco Miccoli
Former Head of Correspondent Banking
“Using Elucidate helped us to gain access to a major European correspondent bank to open a cash account. As an independent financial crime risk assessment framework, Elucidate was extremely helpful as correspondent banks favour external,
independent assessment of risk exposure"
George Apyrou
Head of Operations
"With Elucidate, you gain a comprehensive 360-degree view, allowing you to dive deep into the database, the output of which remains unalterable."
Miguel Attard
Head of Compliance & AML at Sparkasse Bank Malta

About Elucidate

+1200

Data points analyzed per bank report

+17

Data sources feeding our model

12+

Leading market integrations

>100tps 24/7

For fast and secure payment processing

Resources for Risk and Compliance Teams

Discover how you compare against others in the market with Elucidate’s free Risk Monitor.
See where my institution ranks
Get more precision with your financial intelligence. Read how transparent scoring can help avoid the opportunity cost that often comes with premature de-risking, and pulling out of markets.
Read it now
Data can give regional banks a voice in the market; and unlock some lucrative opportunities. Read how below.
Read it now

Book a demo of our Risk Module Builder for risk decision confidence:

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