Interview with Shane Riedel, CEO at Elucidate

Interviews

Schedule a meeting with Shane to find out how Elucidate can help your business.

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In the dynamic world of finance, financial institutions are exposed to the challenge of managing counterparties' financial crime risk on a daily basis. Despite tireless efforts, regulatory actions persist, revealing the urgent need for standardized, independent assessments for FinCrime risk, similar to the solutions implemented in credit risk evaluations.

Elucidate was born from the lack of these solutions. Shane, together with co-founder Filipe Garcia and an exceptional data science team, developed a structured model for quantifying financial crime risk at scale, earning authorisation as the only regulated financial crime standard from BaFin in Germany and ESMA in Europe.

Elucidate’s solutions support not only banks but the entire portfolio of financial institutions, from sovereign wealth funds to crypto exchanges. We enable compliance and operations teams to save valuable time and generate significant commercial benefits, building trust and unlocking opportunities for new partnerships.

Looking ahead, Elucidate is committed to creating opportunities for its clients, reducing friction, and facilitating growth.Watch the full interview for a detailed story of Elucidate.

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