TruNarrative will become a part of the Business Services group of LexisNexis Risk Solutions. According to company officials, this acquisition positions itself to help a wide range of businesses select the financial crime prevention components they need, then quickly enable and utilise these tools within high functioning, easy-to-use workflows.
Founded in 2016 and headquartered in Leeds, UK, TruNarrative enables organisations to manage the entire financial crime lifecycle within a unified platform that allows for automated onboarding, a dynamic risk score, and transaction monitoring. The platform allows for no-code configuration and rapid integration through one API, enabling a single view of customer risk.
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