Top Ranking for LexisNexis Risk Solutions in AML Systems Competitor Leaderboard by Juniper Research

26/06/2024

LONDON — LexisNexis® Risk Solutions has ranked first position in the Juniper Research AML Systems Competitor Leaderboard 2024, for its expansive product portfolio and innovative solutions to long-standing AML challenges.

Juniper Research highlighted the screening products that LexisNexis Risk Solutions offers, including LexisNexis® Firco Continuity and LexisNexis® Bridger Insight® XG, which enable customers to carry out sanctions screening, AML checks and other compliance functions. These screening solutions can be combined with LexisNexis® WorldCompliance™ Data, which includes sanctions and enforcements, politically exposed persons (PEPs), adverse media and other financial crime data points, as well as third-party and internal lists.

The analyst firm also looked at LexisNexis® RiskNarrative™,  a single API platform that enables businesses to manage KYC, AML and fraud prevention within a unified environment for streamlined onboarding.

"Organisations striving to meet their regulatory obligations to prevent money laundering and avoid exposing their business to risk relating to sanctioned entities, rely on up to date, actionable intelligence and advanced technology to make the best decisions,” said Dhaval Patel, Director of Financial Crime Compliance Market Planning at LexisNexis Risk Solutions. “Juniper Research recognised that our combination of data and analytics allows customers to adapt in real time to changes in the risk status of individuals and entities, ensuring continuity of compliance with regulations, regardless of which territories they operate in.”

“LexisNexis Risk Solutions sit at the forefront of AML Systems technology,” said Dan Bedford, research analyst at Juniper Research. “Its WorldCompliance™ Data solution consolidates highly accurate and up to date intelligence to meet compliance risk, alongside continually maintaining constantly up-to-date worldwide sanctions, PEP and adverse media watchlists data to assist the fight against financial crime.”

LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions and RELX.