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Germany-based Elucidate, a financial crime risk management company, has established its US headquarters in Miami, Florida. The new head office will provide dedicated customer support across the Americas. The opening also reaffirms Elucidate’s ability to comply with US data regulations.

The company’s head of sales for the Americas, Ben Arber, commented: “We considered more traditional hubs such as New York and San Francisco but are convinced Miami is the best place to grow Elucidate’s operations. Not only is the city going through a technology boom, which we are excited to be a part of, but its location enables us to better serve customers in the Caribbean and Latin America – two regions that will greatly benefit from our platform.”

Elucidate currently serves customers in more than seven countries. The company employs more than 35 staff across Europe and plans to create new business development roles focused on the US market.

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By GlobalData