News

LexisNexis Risk Solutions, Accuity merge operations

Thursday 18 February 2021 11:37 CET | News

Accuity and LexisNexis Risk Solutions have revealed they are merging operations to create a global provider of financial crime compliance solutions. 

Accuity is part of the LexisNexis Risk Solutions group of companies – LexisNexis Risk Solutions Group. LexisNexis Risk Solutions is the trusted data analytics provider for organisations seeking actionable insights to manage risks and improve results, delivering targeted solutions that empower well-informed decisions. Accuity powers compliant and assured client transactions to help build an interconnected and trusted financial ecosystem through financial crime screening, global payment services and financial asset verification, and fraud prevention solutions for government benefit programmes. 

The Accuity suites for payments and compliance professionals will complement LexisNexis’ existing global solutions, including Financial Crime Compliance and Fraud & Identity Management. The benefits of this merger are:

  • Combined solutions further leverage and extend high-value data and analytic capabilities from both companies to provide comprehensive risk management and payments solutions;

  • Future integrated offerings will better address critical customer needs across KYC, AML, and payments by providing comprehensive global solutions to address the evolving methods criminals use to commit financial crimes;

  • Combining two distinct data sets will enrich a joint product suite to drive customer value by enabling actionable decisions through effective customer portfolio monitoring;

  • The combined organisation will create one of the largest global providers of compliance risk solutions.


Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: LexisNexis Risk Solutions, Accuity, merger, financial crime, compliance, AML, KYC, fraud
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events