Invela's open finance risk indicator score is a continuously updated measure, from 0 to 100, of a network participant's current risk profile – with 100 representing the lowest risk. Invela's Risk Indicator generates this score for aggregators and third-party providers alike, and banks can see the scores of every aggregator and third-party provider they're connected to across the network.
The score updates as conditions change, not on a fixed review schedule. A traditional audit score reflects a provider's standing at one point in time and stays fixed until the next scheduled review. Invela's Risk Indicator score moves as the underlying signals change – which is what lets an institution see a shift in a third-party provider's risk profile as it happens, rather than discovering it at the next annual cycle.
-p-2000.jpg)
