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LexisNexis Risk & Information Analytics Group, a Solutions Provider, is Established to Serve the Multi-Billion dollar Risk and Information Analytics Industry

September 29, 2006
LexisNexis Risk & Information Analytics Group, a Solutions Provider, is Established to Serve the Multi-Billion dollar Risk and Information Analytics Industry. Check it out:
BOCA RATON, Fla. --(Business Wire)-- The LexisNexis(R) Risk & Information Analytics Group, a solutions provider, is established to serve business professionals who seek solutions for confident decisioning. The LexisNexis Risk & Information Analytics Group is a natural extension of the core competencies and technologies proven in the LexisNexis products from the past 30 years and builds on the LexisNexis tradition as a trusted provider and custodian of quality information. This group is an extension of its predecessor, the LexisNexis Risk Management business unit, and leverages new cutting-edge technology, unique data and advanced scoring analytics. The LexisNexis Risk & Information Analytics Group is specifically designed to serve the multi-billion dollar risk information industry which is comprised of organizations such as government agencies, law enforcement, financial services firms, collection agencies, insurance and health care providers, human resources, and other organizations that need to make faster and more effective decisions.



"We established the LexisNexis Risk & Information Analytics Group to better serve our commercial and government customers who need integrated next-generation information solutions to make better decisions faster," said Jim Peck chief executive officer of the LexisNexis Risk & Information Analytics Group. "After listening to customers about their needs, we've designed solutions to specifically integrate into their technology and workflow."

For commercial customers, the LexisNexis Risk & Information Analytics Group offers four solutions to help its customers build and manage the customer lifecycle, while assessing risk in key points of that customer lifecycle. The LexisNexis Risk & Information Analytics Group offers solutions that maximize ROI by delivering relevant information and analytics at the point of need. The four solutions lines are:

-- Customer Acquisition & Retention solutions help build profitable revenue streams by finding and qualifying customers for all types of businesses.

-- Authentication & Screening solutions help organizations mitigate identity-fraud and accelerate lending and hiring decisions by instantly authenticating the identity of individuals and businesses.

-- Fraud Prevention solutions help customers mitigate exposure to fraud, credit risk and money laundering to better manage customer relationships throughout the customer lifecycle and protect revenue. Fraud assessment and scoring products help to flag possible fraudulent applications and higher risk credit card/lending transactions.

-- Collections Management solutions help customers increase profitability and recover more revenue by increasing right party contacts, minimizing manual skip tracing, prioritizing efforts on most profitable accounts and limiting legal liability.

For law enforcement and Federal customers, The LexisNexis Risk & Information Analytics Group offers Advanced Government Solutions to help customers transform data into decisions. LexisNexis Advanced Government Solutions provides access to three distinct solution sets:

-- Intelligence Analysis solutions: enable intelligence analysts to anticipate and detect threats to national security by pinpointing critical information contained within massive volumes of data.

-- Investigative solutions: enable investigators to effectively locate suspects, find missing children and solve cases quicker by providing instant access to critical information that would normally take days to gather using traditional investigative methods.

-- Screening and Identity Verification solutions: enable government agencies to secure and protect access to critical systems and facilities and mitigate the problems associated with entitlements fraud and improper payments.

These three solution lines can be tailored to support the unique missions of government professionals in defense and intelligence, homeland security, law enforcement, revenue, health and human services and regulatory agencies. LexisNexis Advanced Government Solutions can be delivered via secure access through the Web or deployed within the government enterprise for integration with internal systems and agency-specific data sets.

About LexisNexis Risk & Information Analytics Group

LexisNexis(R) Risk & Information Analytics Group is a natural extension of the core competencies and technologies proven in the LexisNexis online products from the past 30 years. The LexisNexis Risk & Information Analytics Group builds on the LexisNexis tradition as a trusted provider and custodian of quality information, and leverages new cutting-edge technology, unique data and advanced scoring analytics to create advanced decision-making efficiencies, at the point of need. This group is specifically designed to serve the multi-billion risk information industry which is comprised of professionals and organizations such as government agencies, law enforcement, financial services firms, collection agencies, insurance and health care providers, hiring managers, and other professionals. Customers include almost every federal government agency, the top 100 law firms, and Fortune 500 companies in the fields of national security, financial services, collection and recovery, insurance, telecommunications, e-commerce and retail. The LexisNexis companies in the group include LexisNexis Risk & Information Analytics Group Inc. and Seisint, Inc.

About LexisNexis

LexisNexis(R) (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis(R) and Nexis(R) research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier Group plc (NYSE: ENL; NYSE: RUK) (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.


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