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Description
Maintaining current business relationships is crucial for effective risk management. The LexisNexis® Business Data Enrichment Suite streamlines this process efficiently. By leveraging an extensive database of up-to-date information combined with advanced analytics, you can swiftly enhance customer profiles, bridge information gaps, and remain informed about changes that could affect your risk landscape. Additionally, this suite serves as a valuable resource for discovering optimal ways to align your offerings with customer profiles. Customized batch packs are available to identify and clarify the details of key business figures, including executives, owners, and representatives, while also providing essential company information such as the address, phone number, and estimated size to help calculate annual revenue and employee counts. You can conveniently categorize and profile your clients using SIC and NAICS codes, which aids in minimizing risk exposure, bolstering regulatory compliance, and adhering to internal guidelines. This comprehensive approach not only enhances risk management but also fosters stronger connections with your clientele, ultimately leading to sustained business growth.
Description
Making lucrative choices relies heavily on a deep understanding of your clientele. When a potential customer expresses interest in opening a business account or obtaining a loan, LexisNexis InstantID Business empowers you to swiftly seize the opportunity while mitigating risks. By providing immediate access to verified business information, enhanced entity linking, and sophisticated analytics, you can achieve a clear decision-making perspective that accelerates the onboarding experience, lessens customer obstacles, and optimizes approval rates through a comprehensive and precise understanding of the business and its associated individuals. Additionally, you will receive timely notifications about any "red flags" that may require further investigation. With InstantID Business, you gain a competitive edge through advanced business verification technology. It is crucial to harness the capabilities of exceptional verification to facilitate instantaneous decision-making, navigate intricate fraud and identity protocols, and avoid unforeseen risks. InstantID Business not only streamlines your processes but also equips you with the insights needed for smarter business decision-making.
API Access
Has API
API Access
Has API
Integrations
LexisNexis AML Insight
LexisNexis Risk Solutions
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
LexisNexis Risk Solutions
Country
United States
Website
risk.lexisnexis.com/products/business-data-enrichment-suite
Vendor Details
Company Name
LexisNexis
Founded
1970
Country
United States
Website
risk.lexisnexis.com/products/instantid-business
Product Features
Product Features
AML
Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List