About Elucidate
A dedicated collective of technology and data science experts committed to safeguarding the integrity of financial systems worldwide.
Mission
Risk & Data Ops, reimagined for the regulated era.
Our expertise lies in deploying AI and machine learning algorithms to enhance data and risk management workflows, empowering financial institutions to improve their operational frameworks.
Our strategic insight fosters robust relationships with banking partners who instill trust in their operations. We invite you to discover our innovative approach to integrated Risk and Data Ops today.
Shane Riedel, CEO and co-founder of Elucidate, shares his journey from leading financial crime compliance in banking to innovating in financial crime risk management. He underscores the need for systemic solutions akin to a Moody’s for financial crime risk — a vision that led to the creation of Elucidate.
Watch · Shane Riedel, Co-Founder & CEO
Journey of Elucidate
Elucidate developed a financial crime risk model approved by BaFin and ESMA, becoming the sole regulated standard in the field — with a vision to analyse over two billion payments in 2024 for detailed risk assessments.
Out of a frustration with manual, opaque risk methodologies inside the banks themselves.
A scorecard for financial crime risk, designed to be benchmarkable across institutions.
Becomes the only authorised standard for financial-crime risk benchmarking in Europe.
Customers span major banks, sovereign wealth funds, payment providers and crypto.
Composable modules and autonomous agents — built for the next decade of compliance.
Watch · How the platform was built
From the first scorecard to the regulated benchmark of today — how Elucidate built a financial-crime risk model that banks, regulators, and counterparties can all read the same way.
The People
A small team with deep roots in banking, regulation, and engineering — backed by a board of advisors whose careers span financial crime risk, industry-wide regulation, cutting-edge tech, and global sales.
Advisory Board
Veterans of regulation, banking, and global compliance.
Ex-Managing Director, Bank of America. Non-Executive Director at the FCA.
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Elucidate’s financial crime risk solutions, originally designed for banks, now serve a broad spectrum of clients — major banks, sovereign wealth funds, payment providers, and crypto exchanges — all united in managing financial crime risk under global regulations.
Watch · Who Elucidate works with
Watch · Why customers stay
Elucidate replaces manual methodologies and extensive reporting with efficient, data-driven risk assessment — fostering commercial growth through trust and transparency in financial partnerships. Customers celebrate not just risk management, but the commercial opportunities Elucidate unlocks.
Partner with Elucidate: elevate risk management with AI-driven insights and unlock global growth opportunities. Together, we’ll pave the way for seamless expansion and inclusivity.
Watch · How partnerships start
Next step
Schedule a call with our team of experts to get a comprehensive view of Elucidate’s products — and what they could do for your institution.
Talk to our team— Or read more · Meet Eli · See the ratings