Tool:The ARACHNE risk scoring tool
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.
|Name||The ARACHNE risk scoring tool|
|Tool topic||Policy-making & Strategy, Public procurement, Financial management|
|Keywords||risk scoring, IT Tool, ARACHNE, management verifications, Implementation, Admissibility, state Aid|
|Last update||14. 09. 2017 by Admin|