Network Banks - Maximize your growth potential

Network Banks

Maximize your growth potential and streamline your operations

Our products help you strengthen your portfolio of clients, maintain regulatory compliance, and manage risk effortlessly.

Easily assess and respond to regulatory and sanctions requirements for each client in your network, and incorporate transactional risk into your pricing strategy for a more comprehensive approach to risk management.

Ratings & Payments Scoring

Financial infrastructure for today's finance landscape

Elucidate's mission is to build the market infrastructure for how public and private institutions make decisions and manage financial crime risk.

Price transaction's risk into your products and services

With enhanced risk assessments and detailed reports for each of your clients you can gain a comprehensive understanding of the risk levels across your entire portfolio. Use these risk scores to differentiate pricing, creating a new revenue stream from your riskier clients.

Comply instantly with new regulations and sanctions

Direct your attention towards tasks that focus on growing your business, and rest easy knowing that your risk and compliance framework is constantly being updated to stay current with regulations and sanctions as they arise.

Obtain enhanced risk profiles for every client in your network

Achieve the confidence of enhanced due diligence with low effort and resources with automated processes. Turn every institution's analysis into an in-depth report, regardless of risk profile, with minimal effort and time investment from your team.

"At the moment we have a very good framework and our USD clearing partners refer to us as the blueprint for transparency and quality. A big contribution to this was delivered by Elucidate."

Christoph Lehner

Former Head of Group Compliance at Raiffeisen Bank

Our products

Elucidate provides Financial Institutions with two core products:
Ratings and Payments Scoring

Ratings

Elucidate's Ratings product offers financial crime risk ratings, intelligence, and analytical tools to small, medium, and global banks.

Apply data-driven analysis to rate the financial crime risk profiles of banks through industry-wide standardized scoring,and bring the credit-risk approach to financial crime risk.

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Industry-wide standardized scoring

Establish a uniform risk framework for your organization and compare the risk levels of different institutions within the industry.

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Monthly reports with nine risk categories

Obtain regular, detailed insights in a user-friendly format into an institution's risks and weaknesses through the analysis of transactional data.

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Comparison charts with filtering and segmentation

Assess and understand market risk appetites and align your business objectives accordingly.

Learn more about Ratings

Insights

Banks

Enhancing Risk Assessment with Elucidate's Real-Time Risk Scoring System in ISO 20022 Transactions

In this article, we explore how Elucidate’s real-time risk scoring system leverages the ISO 20022 standard to bolster risk assessment in payment transactions. Discover how integrating comprehensive, ISO-compliant data can transform your approach to transaction risk analysis and enhance the accuracy of your data and risk operations.

Risk

Elucidate team

May 29, 2024

min read

Network management

What are the risks and limitations of the correspondent banking system?

In this article, we discuss the risks in correspondent banking and how to overcome these to benefit your bank and bolster correspondent relationships.

Banking

Financial Crime

Elucidate team

Feb 9, 2023

min read

Financial Crime

What the Danske Bank scandal can teach us about financial crime risk management in correspondent banking

Danske Bank recently pleaded guilty to charges of money laundering. This scandal has significant implications for financial crime risk management.