LexisNexis Risk Solutions UK & IRL - Financial Services and Businesses

Novuna: Adoption of our risk orchestration platform successfully delivers digital transformation. During the interview Lindsay shares: 🔑 The key challenges Novuna were facing before implementing an orchestration platform, and how those challenges impacted the workflow and customer journey. 🚀 What drove the business case to implement the LexisNexis® RiskNarrative® platform. 📊 What they learned from implementing an orchestration platform during their initial six-month proof of concept, and how the efficiencies it drove paid for itself. 🧩 The main challenges of implementing an orchestration platform and overcoming the different architecture nuances in linking it in with existing workflows and suppliers. Watch Now: ➡️ https://splr.io/6047mpXHZ #RiskOrchestration

📣 7 of the 10 top UK law firms trust LexisNexis® Risk Solutions with future proofing their KYB/KYC checks. Say goodbye to the frustration of using multiple products in different environments. Our all-in-one orchestration platform creates a seamless onboarding journey for customers and fee earners, all in one place. We have created an all inclusive process map to illustrate a typical journey a Law Firm would use with in our platform. Download it today to discover if this matches up with your goals: ➡️https://splr.io/6043mpn9F #LegalTech #KYC #AML #RegTech

𝟒𝟑% 𝐨𝐟 𝐭𝐫𝐮𝐬𝐭𝐞𝐞𝐬 𝐡𝐚𝐯𝐞 𝐧𝐨𝐭 𝐭𝐞𝐬𝐭𝐞𝐝 𝐭𝐡𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐈𝐓 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐩𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬 𝐟𝐨𝐫 𝐩𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐧𝐠 𝐜𝐲𝐛𝐞𝐫𝐜𝐫𝐢𝐦𝐞. This alarming oversight leaves organisations vulnerable to potentially devastating cyberattacks, making it crucial for trustees to take immediate action. Are you prepared? Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: ➡️https://splr.io/6049mpnXT #PensionsFraud #FraudPrevention #FraudDetection

Is the Cost of Financial Crime Compliance Motivating a Move to a Risk Orchestration Platform? The growing cost of managing compliance means that many firms are reviewing operational practices in a bid to find a more streamlined, efficient, and cost-effective approach to combating financial crime and fraud. Our latest insights article delves into: ◾The difference between hub platforms and true orchestration, and the impact of chasing automation and digitalisation without truly orchestrating ◾How a holistic view of customer risk is essential to identifying and assessing fraud risks more effectively ◾The link between orchestration-enabled workflow efficiencies, cost savings and improved customer experience ◾How dynamic risk score indicators help reap the anticipated benefits firms are looking for Read here: https://splr.io/6040mPgcG #FinancialCrime #FinCrime #Fraud #SeeWhatMatters

🚨 𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐑𝐞𝐯𝐞𝐚𝐥𝐞𝐝! For the third year, Insurance Post and LexisNexis Risk Solutions explored the top concerns related to insurance fraud. Discover why ID fraud is now the hardest to detect and how industry leaders are overcoming these challenges through collaboration and data integration. Get the full report today: ➡️ https://splr.io/6045mOkCV #Fraud #insurancefraud #FraudPrevention

Improve debt recovery rates and free up your resources. LexisNexis® understands the complexities of debtor tracing. That's why we offer LexisNexis® TraceIQ®, a comprehensive solution designed to locate missing customers efficiently. TraceIQ® helps you: 🔴 Enhance debt recovery rates and minimise write-offs. 🔴 Reduce the time and costs associated with debtor tracing. 🔴 Free up your staff to focus on other critical tasks. Learn more about TraceIQ® and how it can benefit your business today: 👉 https://splr.io/6043mOkaX #Debt #ConsumerFinance #Lending #Collections

September is Cares Month, and we’re stepping up for a great cause! Our Leeds office recently took on a 20km Charity Walk in support of Leeds Mind conquering the summit of Ingleborough in just 6 hours! It was an inspiring day full of determination, fresh air, and fantastic company. A massive well done to everyone for their incredible energy and commitment to such an important cause! #RELXCaresMonth

UK financial institutions spent £38 billion on financial crime compliance in 2023, this is up by almost 33% since 2021. Get a comprehensive snapshot of UK financial crime compliance trends in the latest True Cost of Compliance report. Download the 2024 report to discover: [Link: ➡️https://splr.io/6042mOXzo] ◾How much UK firms are spending collectively per hour and annually on financial crime #screening ◾The effects of rapid technology adoption on high-volume #KYC (Know Your Customer) processes ◾Which #CDD (Customer Due Diligence) screening processes have achieved the highest levels of automation ◾The future technology investments most firms are planning #TrueCostOfCompliance

𝐈𝐧 𝐭𝐡𝐞 𝐫𝐮𝐧 𝐮𝐩 𝐭𝐨 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧, 𝐢𝐬 𝐭𝐡𝐞 𝐩𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐬𝐞𝐜𝐭𝐨𝐫 𝐛𝐮𝐫𝐲𝐢𝐧𝐠 𝐢𝐭𝐬 𝐡𝐞𝐚𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐚𝐧𝐝? Our report warns that the #pensions sector's current identity verification standards are too basic to stop sophisticated #fraud attacks... and that's only the beginning. Download our exclusive whitepaper produced in collaboration with PASA, Digital Pensions Fraud: A looming crisis awaits: 👉https://splr.io/6043mGwDT #PensionsFraud

Novuna: Adoption of our #RiskOrchestration platform successfully delivers digital transformation In this keynote session filmed at Trust:Live, Lindsay Gustafsson (Bainbridge), Head of Risk, at Novuna candidly shares why Novuna chose the LexisNexis® Risk Solutions orchestration platform to reduce #fraud, comply with #AML regulations and drive business savings and efficiencies. Watch Now: https://splr.io/6045mzLAB