Elucidate: Data-Driven Risk Management

The market benchmark for risk and risk pricing

Elucidate is a ratings and data analysis company for financial institutions

Banks across the world use our products to establish, manage, and delight their banking relationships, generating new opportunities and business growth.

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Better banking relationship with low effort and less risk

Build relationships and create new opportunities with data-driven risk analysis.

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A unified framework across the three lines of defence

Speak a common language for your due diligence across your front and back office.

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Effortless Enhanced Due Diligence (EDD) for all entities

Turn every institution's risk assessment into an in-depth report for more accurate business decisions.

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Automated data point analysis and risk reports

Assess and be assessed. Save time and costs for you and your counterparties.

Our products

Elucidate provides financial Institutions with two core products:
Ratings and Risk Pricing

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

Risk Pricing

Elucidate's Risk Pricing product enables the pricing of financial crime risk for Cross-Border Payments

Start making decisions through objective data analysis, while generating new revenue by charging respondents fees based on risk exposure rather than volume.

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Transaction-level monitoring of risk profiles for bank relationships

Gain instant understanding of market risk profiles and outliers within your portfolio

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Pricing differentiation according to risk levels and risk appetite

Build commercial growth action plans and determine accurate pricing based on your risk appetite

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Customised summary reports of risk metrics for correspondent relationships

Use objective data analysis to make decisions and benefit from reduced costs or increased revenue

Learn more about Risk Pricing

Regulated Benchmark

Elucidate GmbH is an authorised Benchmark Administrator under the EU Benchmarking Regulation (BMR) on the ESMA register and is overseen by the Federal Financial Supervisory Authority (BaFin) in Germany.

ISO027001:2013 Certification

We hold an ISO 27001:2013 certification covering our data security, technology, legal compliance and human resources.

GDPR Compliant

We have a comprehensive compliance framework to adhere to GDPR and store data exclusively in certified and secure facilities in the European Union.

”Elucidate enriches our internal analyses with additional external data-based assessments. This raises the discussion with our clients to a new qualitatively and quantitatively improved level and makes our compliance framework even more robust.”

Valerie Brunner

Group Head of Institutional Clients at Raiffeisen Bank

HOW WE WORK

Rethink financial crime risk through the credit rating lens

Inspired by the credit rating agency approach we've built a comprehensive method for evaluating and mitigating the risk of financial crime through data-based insights and standardized risk profiles.

Our Ratings and Risk Pricing products enable your business and revenue growth, while promoting lawful behavior and contributing to a fairer and more transparent system.

Solutions for every size

Discover how Elucidate can help you whether you are a global, regional or domestic bank.

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.

Solutions for Network Banks

"Elucidate also developed a scoring model, and brought substantial transparency into the behaviour of our downstream respondent banks, this was exactly what we needed, because not only our clearing partners but also regulators were asking us to do this."

Christoph Lehner

Head of Group Compliance, Raiffeisen Bank International

Domestic banks

Reduce your front office and compliance teams workload with automated risk assessments and access to market data.

Compare your institution against the market standard, prioritize resources towards key performance metrics and expand to new markets establishing new correspondent relationships.

Solutions for Domestic Banks

"It's always very easy to present the right paperwork and choose the right examples to present to your correspondent banks, your counterparty stakeholders, whoever they may be. With Elucidate you've actually got a full 360 view and you're going in depth into the database which you cannot manipulate."