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Tool:The ARACHNE risk scoring tool

From BACID
The ARACHNE risk scoring tool is available to help Member States identify the most risky projects, beneficiaries, contracts and contractors that are potentially vulnerable to errors and fraud. Arachne is a risk scoring tool developed by the European Commission. It supports managing authorities responsible for the European Structural and Investment Funds by detecting effectively and efficiently the most risky projects, contracts, contractors and beneficiaries. This brochure will give shows the vast possibilities of the Arachne risk-scoring tool and how managing authorities can profit from its innovative and sophisticated features. Arachne is an integrated IT tool for data mining and data enrichment that has been

developed by the European Commission since 2009, aimed at supporting managing authorities and intermediate bodies in their administrative controls and management checks on European Regional Development Fund, Cohesion Fund and European Social Fund projects.

Source: http://ec.europa.eu/social/main.jsp?catId=738&langId=en&pubId=7883&type=2&furtherPubs=no

Tool details

Name The ARACHNE risk scoring tool
Type Assessment
Tool topic Policy-making & Strategy, Public procurement, Financial management
Keywords risk scoring, IT Tool, ARACHNE, management verifications, Implementation, Admissibility, state Aid
Institution European Commission
Department
Year 2016
Target group national
Related File KE-04-15-934-EN-N.pdf
Last update 14. 09. 2017 by Admin