Juniper Research Recognises LexisNexis Risk Solutions as an Established Leader on Financial Crime Prevention Leaderboard

Juniper Research has named LexisNexis® Risk Solutions as an Established Leader in the “Financial Crime Prevention Competitor Leaderboard 2023-2027.”

The report praised LexisNexis Risk Solutions for its combination of excellent data coverage with its experience in analytics, resulting in a highly competitive and powerful advantage in the market.

Juniper Research assessed 21 financial crime prevention vendors, basing its scoring on market presence, product and positioning, as well as the vendor’s capacity and capability.

“In the highly competitive financial crime prevention market, LexisNexis Risk Solutions offers comprehensive solutions with advanced analytics providing customers with better identity management,” said Nick Maynard, vice president of Juniper Research’s Fintech Market Research. “As they continue to expand their reach through a growing portfolio of acquisitions, it will only further strengthen their position in the market and allow new access into niche market segments.”

LexisNexis Risk Solutions provides a broad set of capabilities that successfully unify online and offline identity attributes to provide a complete view of client identity, enabling highly successful risk-based authentication to help customers fight fraud, mitigate risk and remain compliant. Juniper Research also highlighted past corporate acquisitions that enhanced LexisNexis Risk Solutions ability to provide behavioral biometrics-based verification and authentication.

Steve Elliot, Managing Director of LexisNexis® Risk Solutions in the UK and Ireland said, “With financial crime growing and the challenges of responding to regulations and sanctions in real time, it is essential our customers have a full suite of risk assessment and authentication tools to stop financial crime in its tracks. We strive to meet the needs of our customer base by staying ahead of new, emerging trends as the financial crime landscape continues to evolve.”