DigitalCFO Newsroom | 3 December 2021
LexisNexis® Risk Solutions announced that it ranks 11th in the 2022 Chartis Research RiskTech100®, rising six spots since last year in the most comprehensive independent study of the world’s major players in risk and compliance technology. LexisNexis Risk Solutions has also been selected by Chartis Research as the category winner for Financial Crime – Data for the fourth consecutive year.
“Change is constant and LexisNexis Risk Solutions continues to evolve and adapt its risk and compliance technology to meet the needs of its customers,” said Phil Mackenzie, Senior Research Specialist at Chartis Research. “Both its fourth category win in a row and its impressive rise in our annual rankings showcase the company’s commitment to innovation. We look forward to seeing what the future holds for its capabilities in financial crime compliance.”
LexisNexis Risk Solutions has pioneered the collection of expansive data sets across the global financial crime compliance space through its analytic linking and game-changing technology that leverages digital identity data to transform financial crime compliance workflows. In 2021, LexisNexis Risk Solutions announced a merger with Accuity, creating one of the largest global providers of risk and compliance solutions. The combination of businesses has enriched a product suite that now drives even greater customer value by enabling actionable decisions through effective customer portfolio monitoring.
In August of 2021, LexisNexis Risk Solutions bolstered its financial crime compliance portfolio with the acquisition of TruNarrative,
This year, LexisNexis Risk Solutions also announced the availability of its Financial Crime Digital Intelligence solution that leverages digital identity data to transform financial crime compliance workflows. The solution offers compliance teams the ability to keep pace with and mitigate escalating sanctions risks associated with accelerated digital transaction adoption.
“We’re honored that Chartis Research has once again recognized LexisNexis Risk Solutions as an industry leader in risk and compliance technology,” said Leslie Bailey, vice president of financial crime compliance strategy, LexisNexis Risk Solutions. “2021 has been a transformative year for our business and we continue to develop new products that set the industry standard in financial crime compliance solutions for our customers.”