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Description

Maintaining current business relationships is crucial for effective risk management. The LexisNexis® Business Data Enrichment Suite streamlines this process efficiently. By leveraging an extensive database of up-to-date information combined with advanced analytics, you can swiftly enhance customer profiles, bridge information gaps, and remain informed about changes that could affect your risk landscape. Additionally, this suite serves as a valuable resource for discovering optimal ways to align your offerings with customer profiles. Customized batch packs are available to identify and clarify the details of key business figures, including executives, owners, and representatives, while also providing essential company information such as the address, phone number, and estimated size to help calculate annual revenue and employee counts. You can conveniently categorize and profile your clients using SIC and NAICS codes, which aids in minimizing risk exposure, bolstering regulatory compliance, and adhering to internal guidelines. This comprehensive approach not only enhances risk management but also fosters stronger connections with your clientele, ultimately leading to sustained business growth.

Description

LexisNexis Risk Solutions presents a highly regarded solution for AML Transaction Monitoring, equipped with actionable and pertinent risk intelligence to aid businesses in adhering to global standards for Anti-Money Laundering (AML), Customer Due Diligence (CDD), and Know Your Customer (KYC) protocols while effectively addressing the risks posed by financial crimes. This comprehensive solution includes an extensive array of configurable rules that span various factors such as jurisdiction, transaction value, volume, and velocity, as well as advanced behavioral monitoring rules designed to detect unusual behaviors and transaction patterns. The adaptability of these rules and thresholds ensures ongoing risk evaluation throughout the customer journey, tailored to align with an organization’s specific risk appetite. Notable features encompass real-time oversight of high-risk transactions based on customized criteria, user-friendly case management for prompt alert investigation, and smooth integration capabilities via a single API, making it a versatile tool for risk management. Additionally, the solution's flexibility allows businesses to stay ahead of emerging threats in the ever-evolving landscape of financial compliance.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

LexisNexis Risk Solutions

Country

United States

Website

risk.lexisnexis.com/products/business-data-enrichment-suite

Vendor Details

Company Name

LexisNexis

Founded

2000

Country

United States

Website

risk.lexisnexis.com/global/en/financial-services/financial-crime-compliance/aml-transaction-monitoring

Product Features

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

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