Elucidate is a RegTech/RiskTech start-up based in Berlin building an innovative SaaS-based solution for Financial Crime risk management. Our primary product offering, the Elucidate FinCrime Index, or EFI for short, is a platform aimed at providing quantified risk assessments to financial institutions with the goal of identifying and minimising their financial crime risk exposures, specifically focusing on money laundering, terror financing, and corruption risks. Think of us as the Moody’s of financial crime risk. The EFI is the first step towards a more interconnected and internationalised financial system actively working against criminals.
Guessing legal action was taken. The comments here predicting a takedown were spot on.