Risk & Information Analytics

The success of your financial institution hinges on its ability to accurately assess customer risk and mitigate the complex maze of compliance regulations.

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That's why LexisNexis® Risk & Information Analytics Group has aligned with Actimize, a leading provider of risk management enterprise software, to offer a single solution for managing your customer due diligence program.

Our Customer Due Diligence (CDD) Solution is an integrated, web-based tool that combines unparalleled management and analytic capabilities with a rich variety of data sources. It verifies identity, issues risk ratings, maintains comprehensive audit trails, and offers a powerful suite of administration and case management tools.

Fight fraud and manage risk Leveraging best practices in due diligence, know your customer (KYC) tools, transaction monitoring, and case management, the CDD Solution offers complete risk based due diligence. Automated case monitoring and intelligently scored alerts give you the tools you need to protect your organization against fraud, money laundering, and terrorist activities.

Eliminate costly manual reviews The CDD Solution makes it easy to monitor your customers. Our automated system keeps track of customer risk ratings on an ongoing basis, from real-time account opening to various trigger events throughout the customer life cycle. This integrated, easy-to-use tool automates what used to be manual processes, allowing managers and compliance officers to focus on the most important tasks.

Comply with federal regulations The CDD Solution was designed to help you comply with federal due diligence regulations and follow the recommended privacy guidelines published by the American Bankers Association. It also helps you meet the new account opening requirements that are outlined in Section 326 of the USA PATRIOT Act and comply with the special due diligence needs imposed by Section 312. The CDD Solution performs an automatic check of the Office of Foreign Assets Control (OFAC) and other watch lists, as well. Finally, it helps facilitate the electronic filing of Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).

Get it now: for more information about the Customer Due Diligence Solution, please call (800) 869-0751.

The information provided by the LexisNexis Customer Due Diligence Solutions is not a consumer report (as that term is defined in the Fair Credit Reporting Act, 15 U.S.C., Sec. 1681, et. seq. (FCRA) and may not be used for any purpose permitted by the FCRA. LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Other products and services may be trademarks or registered trademarks of their respective companies. ©2007 LexisNexis Risk & Information Analytics Group Inc. All rights reserved.

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