07/17/2024
ATLANTA — LexisNexis® Risk Solutions announced that it has been ranked second overall in the 2024 Chartis Research STORM Retail Finance Analytics50 rankings. In addition to the overall ranking, LexisNexis Risk Solutions has won the following awards: the Innovation category award, the award for the Identity Analytics solutions category and for a consecutive second year, the Alt-Credit solutions category.
Chartis Research is the global leading provider of research and analysis for risk technology. For the third year in a row, the STORM rankings and analysis focused on the market from the perspective of computational infrastructures and their interaction with languages, databases and algorithms. The STORM series tracks the intersecting algorithmic engineering innovations across the multiple business lines and sub-sectors of the finance industry.
“The placing of LexisNexis Risk Solutions in the Retail Finance Analytics50 reflects its advanced capabilities, which are becoming increasingly essential for identity, device and fraud analytics,” said Maryam Akram, research principal at Chartis. “In particular, its innovative approach to packaging alternative credit data significantly enhances the fine-tuning of credit products, leading to more precise and effective credit solutions.”
The awards reflect a comprehensive evaluation of LexisNexis Risk Solutions suite of offerings. LexisNexis Risk Solutions showcased its LexisNexis® RiskView™ credit solutions, LexisNexis® Small Business Credit Report powered by alternative data, and its LexisNexis® Dynamic Decision Platform, LexisNexis® ThreatMetrix® and LexisNexis® Fraud Intelligence solutions for fraud analytics.
“Being named one of the top companies by Chartis for our retail alternative credit risk and analytics solutions and recognized as the winner of three separate awards highlights the scope and impact of our teams’ work,” said Kevin King, vice president, credit portfolio, LexisNexis Risk Solutions. “Our customers use our rich array of configurable fraud and identity risk management solutions on an integrated, system-to-system basis. This recognition is testimony to our ability to regularly seek out and integrate the usage of new and innovative data assets and technologies that have the potential to help our customers grow their business, without increasing risk.”
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About LexisNexis Risk Solutions
LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions and RELX.
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