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LexisNexis Risk Solutions

 

LexisNexis Risk Solutions is a global leader in the financial crime compliance space, providing a high-capacity ecosystem designed to manage risk through the entire customer lifecycle. The platform leverages vast proprietary data assets and advanced analytics to help organizations navigate the complexities of modern regulatory environments. By integrating identity verification, fraud detection, and anti-money laundering tools into a unified framework, the provider enables firms to consolidate their risk management efforts. This approach is particularly effective in an era where data volume and velocity can easily overwhelm traditional, siloed compliance systems.

The Solutions LexisNexis Risk Solutions Provides

The company offers a comprehensive suite of tools centered on risk orchestration and financial crime prevention. Key solutions include:

  • RiskNarrative: A central orchestration platform that unifies onboarding, monitoring, and fraud detection.

  • Bridger Insight XG: A specialized tool for automated screening of accounts and payments against global sanctions and watchlists.

  • WorldCompliance Data: Access to an extensive database of PEPs, sanctions, and adverse media, curated by a global team of researchers.

  • Identity Verification: Real-time authentication using biometrics, document extraction, and digital identity intelligence.

  • Transaction Monitoring: A behavioral analytics engine that identifies anomalous patterns to prevent money laundering and terrorist financing.

The type of customers LexisNexis Risk Solutions Works With

The provider caters to a broad spectrum of regulated and non-regulated entities that require deep risk intelligence. Their clientele includes:

  • Tier 1 and Tier 2 Banks: Large-scale financial institutions that require high-availability systems and deep regulatory coverage.

  • Insurance Companies: Firms utilizing data to assess applicant risk and prevent claims fraud.

  • Law Enforcement and Government Agencies: Organizations relying on public records and linking technology for investigations.

  • Corporate Legal Departments: Businesses needing to perform deep due diligence on suppliers and third-party partners.

  • E-commerce and Retail: Companies focused on reducing friction for legitimate customers while blocking synthetic identity fraud.

What sets LexisNexis Risk Solutions Apart

The primary differentiator for this provider is the sheer scale and depth of their proprietary data linking technology. Unique advantages include:

  • LexID Linking Technology: A patented method that resolves disparate data points into a single, persistent identity for individuals and businesses.

  • Hybrid Integration: The ability to offer both cloud-native orchestration and traditional on-premise deployments for highly sensitive environments.

  • No-Code Configuration: Through RiskNarrative, compliance teams can adjust risk models and workflows using natural language without involving IT.

  • Multi-Source Verification: Beyond standard lists, they integrate alternative data such as utility records and professional licenses to confirm identities.

Features
AI Agents
Automated Entity Data Collection
Automatic UBO Collection
Client Lifecycle Management
Client Portal
Credit Scoring
CRM Integration
Crypto Regulatory Classification
Custom Policies
Customizable Transaction Monitoring Rules Engine
Data Provider
Dashboard & KPIs
Development Toolkit
Document Processing
Email Integration
IBAN Check
Identity and Verification (ID&V)
No-Code Configuration
OCR
Offboarding
Onboarding
On Premise
Payment Screening
Private Cloud
Public Cloud
Perpetual KYC (pKYC)
Preconfigured Policies
Product Provisioning
Regulatory Outlook
Relationship Management
Reporting
RESTful APIs
Risk Scoring
Screening
Straight-Through Processing (STP)
SMS Integration
Task Delegation
Task Lists
Transaction Monitoring
Transaction Monitoring AI
Workflows
How to get in touch
Social Accounts

Disclaimer

The information above has been collected from various sources and may contain errors or inaccuracies.
Do not hesitate to reach out to them, or to us at info@fincrimecentral.com, for more details.