Uncover and mitigate financial crime risks in real-time
Use the EFI Platform to automate your Enterprise-Wide Financial Crime Risk Assessment (EWRA), covering all aspects of your business.
The methodology underlying the EFI is regulated in the European Union and validated using both EU and US Regulatory Standards.
The platform includes a remediation tool to log and track mitigation actions resulting from the risk assessment.
Manual information collection through surveys and spreadsheets
Time consuming and costly process performed every 12 to 18 months
No direct and measurable link between decisions, actions and residual risk
Periodic assessment of risk leaving potential blind spots
Lack of consensus around levels of financial crime risk limiting mitigation capability
Data-driven and technology-enabled risk-based approach
Upgrading to a 360°, continuous automated FinCrime Risk Assessment
Measuring the impact of actions taken to manage risk
Engaging in continuous monitoring and mitigation of financial crime risks
Creating shared metrics for Compliance and Business to work effectively together
Expand your business safely using benchmarked risk profiles of over 18,000 FIs