Invela Risk Indicator

Risk Indicator delivers continuous, near real-time monitoring and dynamic risk scoring of third-party providers – purpose built to safeguard the open finance ecosystem.

Transparent, actionable insights empower financial institutions and aggregators to make informed decisions, maintain open finance ecosystem integrity, and manage compliance costs.

Third-party providers receive guidance on where to make improvements to strengthen their risk indicator score.

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The Open Finance Ecosystem Faces Rising Threats

The open finance ecosystem faces rising threats; fraud, data breaches, unauthorized access, third-party provider impersonation, weak consent management, mobile app vulnerabilities, payment redirection & manipulation, and opaque third-party behavior – all leading to reputational damage and financial loss.

Financial institutions and aggregators lack robust, real-time tools to assess and manage risk across a growing network of third-party providers. Meanwhile, third-party providers must navigate increasing operational risk and rising costs.

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Fraud
Data breaches & unauthorized access
Third-party provider impersonation
Weak consent management
Mobile app vulnerabilities
Payment redirection & manipulation
Opaque third-party behavior
Reputational damage
Operational risk
Financial loss

How Invela Risk Indicator Works

A side-by-side view of how Invela measures, monitors, and flags risk across the open finance ecosystem.

How Invela Risk Indicator works

Why it matters

Continuous monitoring of accredited entities using a dynamic, standardized risk score.

Enables proactive oversight and early detection of risk across the open finance ecosystem.

Risk score incorporates external data (e.g., financial health, dark web intelligence) and real-time volumetric analysis.

Delivers a multidimensional, evidence-based, objective, and independent view of risk tailored to open finance.

Analyzes open finance traffic (consent flows, authentication rates) and anomalies against use cases and peer benchmarks.

Detects misuse and deviation from expected behavior, reinforcing trust and accountability.

Transparent risk scores and analytics for financial institutions and aggregators.

Empowers participants to set thresholds and act independently without central gatekeeping.

Third-party providers can view their own risk score.

Encourages self-governance and continuous improvement to maintain ecosystem access.

Near real-time alerts as risk scores drop.

Supports timely, objective decisions to restrict or resume access — enabling fair, resilient governance.

Dashboards for financial institutions showing network-wide visibility and benchmarking.

Facilitates strategic oversight and peer comparison to inform risk posture and engagement.

Designed to support aggregators under increasing regulatory and operational pressure.

Reduces compliance burden while enhancing ecosystem stewardship.

Promotes accountability across the ecosystem.

Helps exclude bad actors and foster responsible innovation.

Strong risk scores signal ecosystem safety and soundness.

Builds confidence among participants, regulators, and consumers — sustaining data access and trust.

Financial institutions have less risk exposure, so consumers benefit from frictionless protection.

Ensures end-user safety while enabling empowered participation in open finance.

Invela Risk Indicator in Summary

Invela Risk Indicator

Proactively managing risk via live-monitored multi-domain framework.

Dynamic Risk Score

Dynamically updating risk scores for every aggregator and third-party provider.

Transparent Analytics

Enabling financial institutions to set and monitor risk thresholds.

Near Real-Time Alerts

Detecting anomalies and inappropriate data activity.

Evidence-Based Decisions

Enabling financial institutions to confidently restrict or resume data access.

Ecosystem Resilience

Protecting all participants.

Consumers, Covered

Enabling frictionless protection and empowered participation.

Got Questions?

Our FAQs have the answers

See Open Finance Risk Management in Action

Discover how the Invela Network manages open finance risk, while delivering scalable operational efficiency and resilience.

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Todd Taylor,

Co-Head of Intellectual Property and Commercial and Technology Transactions at Moore & Van Allen, has joined Invela as a strategic advisor. He is a highly skilled professional, recognized for his expertise in data privacy, security, third-party risk management, and technology-related transactions.

Todd’s extensive experience comes from his time as an in-house attorney at Bank of America, where he developed skills in technology licensing, supply chain management, risk management, and cross-border arrangements. His recognition by Business North Carolina as a Legal Elite in Intellectual Property, along with his listing in the IAM Patent 1000, highlights his legal proficiency and deep understanding of commercial strategies.

With a focus on data privacy and third-party risk serving, Todd is well-equipped to advise Invela on all aspects of Open Banking Risk Management. His role as a strategic advisor is invaluable to Invela, and we are fortunate to have him on board.

Dan Murphy

Strategic Advisor, Supporting Invela

Dan Murphy is the Founder of Sunset Park Advisors, Inc., and co-led the CFPB’s recent open banking initiatives, including the 1033 rulemaking and standard-setting processes. Before his role at the CFPB, Dan was the Policy Manager at the Financial Health Network, where he focused on consumer data rights, public benefits delivery, and various policy issues related to financial health and fintech. Before his position at the Financial Health Network, Dan held roles at the Milken Institute Center for Financial Markets, on Capitol Hill, and at the World Bank. The Brookings Institution has published his research, and he has been quoted in major media outlets, including CNBC, the Financial Times, and Politico, among others.

Dan currently serves as a strategic advisor to the Invela Leadership Team, offering valuable insights and guidance on consumer data rights, regulatory compliance, and other policy matters related to financial inclusion and fintech. He is also an active member of the Government Affairs and Strategy Committee, where he contributes to the development of Invela’s strategic direction and policy initiatives.

Marianne Sullivan

Independent Advisor, Invela Board of Directors

Marianne Sullivan is an accomplished executive leader and board director with over 30 years of experience in the financial services and fintech sectors. Known for her ability to define transformative strategies and reengineer business operations, she has a strong track record in driving profitability and scalable growth.

Marianne has worked with both startups and publicly traded companies, helping them align their business models with emerging technologies and customer needs, particularly in areas such as open banking and digital lending. She is recognized for her operational leadership and deep understanding of customer expectations and regulatory demands.

Her board experience includes roles at Pennymac Mortgage Investment Trust, Finicity (acquired by Mastercard), Ardley Technologies, CreditXpert, and Sagent Technologies. In these roles, she has made significant contributions to governance, strategic planning, and innovation-led growth, particularly by aligning business models with emerging technologies and customer needs.

Richard Cordray

Independent Advisor, Invela Board of Directors

Richard Cordray has been an innovative leader for over three decades in both the public and private sectors, including service at all levels of government. He has extensive background in a wide range of legal and financial services.

Richard was the first Director of the Consumer Financial Protection Bureau for six years, and was an ex officio member of the FDIC Board of Directors, the Financial Stability Oversight Council, and the Vice Chair of the Financial Literacy and Education Commission. He later served a three-year term as Chief Operating Officer of Federal Student Aid, which administers all grants and loans for higher education and manages the $1.6 trillion U.S. student loan debt portfolio. He previously served in elected office as the Ohio Treasurer and Ohio Attorney General.

As an attorney, Richard has argued seven cases before the U.S. Supreme Court, including as the first Solicitor General of Ohio and by special appointment from the U.S. Justice Department. His board and consulting work includes roles at Finicity (acquired by Mastercard) and Beneficial State Bank. He is the author of Watchdog, about the CFPB and its work to protect consumers.