A genuine open finance risk solution combines independent accreditation, continuous risk scoring, and a defined path for liability.
Five things to check before you buy
- Independent accreditation, not self-attestation: Confirm scores are based on independently verified evidence, not just information the provider supplied about itself.
- Continuous scoring, not a periodic refresh: Ask whether the score updates as a provider's risk profile changes, or only on a fixed review cycle.
- Factor-level transparency: Check that a score change comes with the specific factor behind it, not just a number, so both sides can act on it.
- Clarity on where liability lands, not just visibility: Look for a defined mechanism for where liability lands when something goes wrong, not just a dashboard reporting that something did.
- Portability across the network: Confirm a provider's accreditation and score travel with it to other counterparties, rather than resetting with each new relationship.
About Invela
Invela is the infrastructure layer that makes open finance trustworthy – accrediting who's in the network, monitoring risk in real time, and ensuring liability lands in the right place. Open finance, covered.
