Technology, data and analytics firm, LexisNexis® Risk Solutions, which is a part of RELX Group, was recognised as the category leader for Financial Crime (data) in Chartis Research’s RiskTech100® study of the leading global risk technology providers. LexisNexis Risk Solutions jumped 11 spots in the ranking this year to number 16. Chartis is the leading provider of global in-depth research and actionable advice on risk technology. The award was conveyed at a black-tie event in New York City last night.

“After deep analysis into the marketplace, we determined that LexisNexis Risk Solutions was category winner, in part because of the completeness of its financial crime information, which covers global sanctions watchlists as well as digital identity and physical identity data,” said Rob Stubbs, Head of Research at Chartis. 

LexisNexis Risk Solutions works every day with the world’s largest banks and corporates to help them grow their businesses by creating an environment that makes it easier than ever before for consumers and small businesses to transact while at the same time keeping out bad actors, which are a threat to companies’ brand reputations.   

“The complexity and ever-changing dynamics of the global marketplace lets in new and different types of risks that banks and other companies have to manage on an ongoing basis,” said Thomas C. Brown, senior vice president, U.S. Commercial Markets and Global Market Development, LexisNexis Risk Solutions. “Leveraging sophisticated technology, data and advanced analytics through easy-to-use platforms like Bridger Insight XGenables banks, fintechs, retailers and e-commerce companies to reduce exposure to money launderers while staying compliant with shifting sanctions regulations, all in an efficient way.”