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Elucidate launches open database for scoring the financial crime risk vulnerability

Thursday 1 July 2021 10:00 CET | News

Elucidate, a financial crime risk scoring platform, has launched the Elucidate FinCrime Risk Monitor (EFRM), an open database for scoring the financial crime risk vulnerability of financial institutions.

The EFRM evaluates more than 17,000 financial institutions, with data sourced from the Elucidate FinCrime Index (EFI), the company's regulated financial crime risk benchmark.

EFRM users can view any financial institution’s financial crime results, see how they rank by quartile and compare institutions. Subsequent iterations of the EFRM will also include detailed scores. With these results, banking and finance professionals can analyse how their institutions compare on Governance, Risk and Compliance across their region or the whole industry.


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Keywords: Elucidate, product launch, data, financial crime, financial institutions
Categories: Fraud & Financial Crime
Companies:
Countries: Germany
This article is part of category

Fraud & Financial Crime






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