Data Accuracy and Compliance Risk

Inaccurate consumer data is increasing compliance risk, driving up operational costs and eroding customer trust. As data continues to change rapidly, organisations must rethink how they manage and maintain data accuracy to stay ahead in an increasingly complex environment.

In this video, Don Strong from LexisNexis Risk Solutions shares insights from more than 20 years of experience in identity resolution and data quality. He explains how constantly evolving consumer data creates challenges for compliance teams and impacts efficiency, accuracy and overall business performance.

The discussion explores the risks tied to duplicate records, false positives and incomplete data, and how these challenges are intensified by growing regulatory pressure. You will also learn how identity resolution can help eliminate duplicates, create a single customer view and improve decision-making across the organisation.

Watch the full video to discover practical strategies to improve data accuracy, reduce manual remediation and leverage large-scale referential data to strengthen compliance and enhance customer experience.