Elucidate is a financial crime risk management company enabling banks to benchmark and price FinCrime risk through risk assessment, data analysis and scoring.
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.๐
BAFT 2023 Europe https://t.co/OyzuinV0FB
Join us in London for BAFT Europe ๐ฌ๐ง
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.
In this article, we discuss the risks in correspondent banking and how to overcome these to benefit your bank and bolster correspondent relationships. ๐
https://t.co/HJLsfVeT05
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. ๐
https://t.co/9rmP6AIID6
Speak the same language as your correspondents and generate new business. ๐
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
Professional money launderers have a 99% success rate in running criminal profits through our existing banking system. ๐
In @AmlIntelligence@shane_riedel explains why a risk-based pricing approach is key to curbing financial crime ๐
https://t.co/uQNJgd3oyR
Thanks to @Tracxn for featuring Elucidate on its list of Emerging Startups: Top Banking Tech Startups for 2022 ๐ We're excited to be leading the way with financial crime risk tech.
Read the full list:
https://t.co/ZLmvYf9EyM
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. ๐
https://t.co/9THu8OrufN
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
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
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 organisationโs Financial Crime Risk management more effective #riskmanagement#fincrime https://t.co/NLpIjqYo7B
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
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
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 Putinโs country target entities and individuals alike.
#UkraineWar#RussiaSanctions
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.