FinCrime Risk Management
The EFI creates an industry baseline for measuring financial crime risk and determining risk appetites.
The EFI automates and digitises the regulatory requirement for ongoing financial crime assessment, producing superior results at lower cost.
The EFI allows counterparties to build trust through sharing of results. EFI results automate due diligence on transactions and counterparties.
The EFI visualises financial crime risk on an ongoing basis, enabling users to determine if investment in controls is resulting in lower risk levels.
The EFI derives insights from across the user base to identify unexpected or emerging risks, whilst maintaining strict data protection standards. We refer to this as “crowdsourcing of risk events.”
By establishing an industry baseline, the EFI enables pricing of financial crime risk.
Expand your business safely using benchmarked risk profiles of over 18,000 FIs