The methodology underlying the EFI is regulated for this purpose in the European Union and Validated using both EU and US Regulatory Standards.
Use the only regulated financial crime risk benchmark to price global payments and correspondent banking services.
Risky bank pays less and less the more it exposes its counterparties to financial crime risk, creating the wrong incentives
Desire for growth and higher revenues often at odds with the need for thorough compliance and controls
No tangible incentivisation in place for FI's to leverage the mitigation of FinCrime Risk, in their business relationships
Business model disconnected from financial crime risk management as it is treated as a matter of strict compliance
Plans to expand business are regarded as directly opposed to financial crime risk mitigation
Moving from volume-based pricing to risk-based pricing
Building transparency into your business' pricing model
Providing real incentives for your counterpartiy FIs to manage financial crime risk
Securing your business by favouring responsible, safe, and profitable clients
Benchmarking FI relationships to build robust and safe market expansion strategies
