The work of fully partnering with our users to enable them to move from basic risk detection to proactive risk prevention, however, requires ongoing investment in data analytics and machine learning capabilities. Shane Riedel, co-founder and CEO at Elucidate, believes now is the right time to onboard investors: “Since launching in 2019, Elucidate has expanded data analytics coverage to over 2,500 financial institutions. The repeatability of our algorithm allows us to set up a de facto financial crime risk baseline in the industry with speed and accuracy.“ Applying deep learning in a dataset that is unparalleled in the industry allows us to see financial crime patterns that are not visible to the human eye. We apply methods that financial analyst John Moody could only have dreamed of when he started modelling risk a century ago. Unlike most financial crime offerings, which guide users to manually determine reactions to potential financial crime, the EFI uses data analysis to anticipate and prevent financial crime.įilipe Garcia, co-founder and CTO at Elucidate, explains how the platform leverages cutting-edge technology to effectively manage risk: “We are in a unique position to be able to digitise an antiquated status quo. The EFI, built using probabilistic modelling and machine learning, uses data to score financial crime risk against an objective industry baseline. The funding will enable Elucidate (2018) to further develop the company’s flagship product, the Elucidate FinCrime Index (EFI), and its ability to measure financial crime risk. Other participants in the round include Seed X Liechtenstein, Apex Ventures, Big Start Ventures and SixThirty Ventures. This article was originally published with the title "Sugar May Harm Brain Health" in SA Mind 25, 4, 14 (July 2014)ĭoi:10.Today Elucidate, the Berlin-based financial crime risk quantification agency, has announced closing a €2.5 million investment led by Silicon Valley-based 11.2 Capital. Future research will need to characterize how glucose exerts these effects and whether dietary or lifestyle interventions might reverse such pathological changes. These findings indicate that even in the absence of diabetes or glucose intolerance, higher blood sugar may harm the brain and disrupt memory function. According to study co-author Agnes Flöel, a neurologist at Charité, the results “provide further evidence that glucose might directly contribute to hippocampal atrophy,” but she cautions that their data cannot establish a causal relation between sugar and brain health. The researchers also found that the structural changes partially accounted for the statistical link between glucose and memory. Higher levels on both glucose measures were associated with worse memory, as well as a smaller hippocampus and compromised hippocampal structure. The participants performed a memory test and underwent imaging to assess the structure of their hippocampus. In the experiment, researchers at the Charité University Medical Center in Berlin evaluated both short- and long-term glucose markers in 141 healthy, nondiabetic older adults. The new study sought to identify whether glucose had an effect on memory even in people without the disease because having it could induce other brain changes that confound the data. It suggests that eating a lot of sugar or other carbohydrates can be hazardous to both brain structure and function.ĭiabetes, which is characterized by chronically high levels of blood glucose, has been linked to an elevated risk of dementia and a smaller hippocampus, a brain region critical for memory. Now a study in Neurology helps elucidate why. A poor diet can eat away at brain health.
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