Case Study: Enigma achieves deeper financial insight with CARTO

Enigma and CARTO bring context to FinTech with location data

Enigma, a fintech company working with location data, wanted to improve how it understood financial risk and anti-money laundering by combining financial information with geographic context. The company partnered with CARTO and used its location intelligence capabilities to explore how location data could add true insight to its business model, especially for its Sanctions Tracker project.

With CARTO, Enigma mapped sanctions data to reveal the geographic spread of violations and uncover links between sanctioned individuals and entities, including shared addresses and clustering patterns. This made the impact of sanctions easier to understand and gave Enigma a clearer view of relationships hidden in the data, creating more actionable intelligence for compliance and risk analysis.

Enigma

Angel Nguyen Swift

VP of Compliance and Financial Crime Solutions