Elucidate

Elucidate is a financial crime risk management company enabling banks to benchmark and price FinCrime risk through risk assessment, data analysis and scoring.

[Elucidate @ElucidateGmbH]

Elucidate is a proud sponsor of the Bank to Bank Forum in London today. We'll be on hand to showcase our Risk Pricing product for financial crime. Book a meeting below to learn more.👇

BAFT 2023 Europe https://t.co/OyzuinV0FB

[Elucidate @ElucidateGmbH]

Increased fees for higher money laundering risks: what is risk pricing for financial crime? 👇

https://t.co/1EvTgarBrl

[Elucidate @ElucidateGmbH]

How to reduce your financial crime risk exposure with better transaction monitoring data 👇 Read the full article here: https://t.co/rHfJTJMuKU

[Elucidate @ElucidateGmbH]

Join us in London for BAFT Europe 🇬🇧

We're proud to be a conference sponsor for The BAFT Europe: Bank to Bank Forum next week.

Contact [email protected] to schedule a meeting and learn more about our risk ratings and risk pricing solutions.

[Elucidate @ElucidateGmbH]

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

https://t.co/HJLsfVeT05

[Elucidate @ElucidateGmbH]

In this article, we walk through what correspondent banks are looking for in their respondent partners, and in 5 steps, explain how to conduct a thorough correspondent due diligence process. 👇

https://t.co/9rmP6AIID6

[Elucidate @ElucidateGmbH]

Speak the same language as your correspondents and generate new business. 👇

In our brand new guide, we help your institution avoid the pitfalls that respondent banks make when managing relationships with their correspondents. Download it below:

https://t.co/6LQYoCsGYc

[Elucidate @ElucidateGmbH]

Professional money launderers have a 99% success rate in running criminal profits through our existing banking system. 🌎

In @AmlIntelligence @shane_riedel explains why a risk-based pricing approach is key to curbing financial crime 👇

https://t.co/uQNJgd3oyR

[Elucidate @ElucidateGmbH]

Thanks to @Tracxn for featuring Elucidate on its list of Emerging Startups: Top Banking Tech Startups for 2022 🎉 We're excited to be leading the way with financial crime risk tech.

Read the full list:

https://t.co/ZLmvYf9EyM

[Elucidate @ElucidateGmbH]

How can you get on the front foot with correspondent banks?

We explain how you can gather reliable compliance data to inform your self-assessment of risk performance to build better correspondent banking relationships. 👇

https://t.co/9THu8OrufN

[Elucidate @ElucidateGmbH]

We price risk in loans and mortgages, so why not financial crime?

In a conversation with @Nasdaq @TradeTalks, our CEO @shane_riedel explains how risk-based pricing in financial crime shifts market incentives to systemically tackle the issue.

Watch now:
https://t.co/pUlMfnhbQP

[Elucidate @ElucidateGmbH]

We are in Vienna today for the #EBAday!

Drop by the Fintech Zone to see a live Elucidate report and learn how we are bringing transparency and effective compliance through network intelligence.

#ebaday2022

[Elucidate @ElucidateGmbH]

Lithuania's Center of Excellence in Anti-Money Laundering invited @maxheywood to speak about how reframing EWRA as a Zero Line of Defence can make an organisation’s Financial Crime Risk management more effective #riskmanagement #fincrime https://t.co/NLpIjqYo7B

[Elucidate @ElucidateGmbH]

In his recent interview with @businessinsider, our CEO @shane_riedel discussed how Elucidate detected a 10X increase in transactions involving shell companies in Russia right before the sanctions were imposed.
https://t.co/6WHnxu2MfQ

[Elucidate @ElucidateGmbH]

To learn more about what all the #RussiaSanctions mean for financial institutions, what can banks expect and how can they ensure these are being put in place check out our most recent article:

https://t.co/g9gga38gzP

[Elucidate @ElucidateGmbH]

In less than 10 days since its invasion of Ukraine, Russia has become the most sanctioned country in the world.

The numerous sanctions NATO and its allies have announced against Putin’s country target entities and individuals alike.

#UkraineWar #RussiaSanctions

[Elucidate @ElucidateGmbH]

Naturally, this presents new challenges to banks who will have to face, perhaps for the first time, the implementation of sanctions to a country so tied to the West and its economy.