--- title: "Elucidate for Risk and Compliance" description: "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." url: https://elucidate.co/for-risk-compliance --- _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](https://elucidate.co/for-risk-compliance#book-a-demo) ## 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 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 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. 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. ## 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 a risk benchmark run under our ISO 42001-certified AI management system. ### 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](https://elucidate.co/demo-request) ## 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](https://elucidate.co/modular-ecosystem) _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 [Elitza Kavrakova Interview](https://www.youtube.com/embed/Ci0d_2OFOlw?rel=0&controls=1&autoplay=0&mute=0&start=2) ## 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 ![diagram on risk monitor](https://elucidate.co/images/Resources-1_720.jpg) Discover how you compare against others in the market with Elucidate’s free Risk Monitor. [See where my institution ranks](https://monitor.elucidate.co/) ![risk score label](https://elucidate.co/images/Resources-2_720.jpg) 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](https://elucidate.co/blog/correspondent-banking-how-transparent-benchmarking-can-avoid-unnecessary-de-risking-and-maximise-opportunities) ![risk graph](https://elucidate.co/images/Resources-3_720.jpg) Data can give regional banks a voice in the market; and unlock some lucrative opportunities. Read how below. [Read it now](https://elucidate.co/blog/empowering-respondent-banks-in-the-fight-against-financial-crime) ## Book a demo of our Risk Module Builder for risk decision confidence: