LexisNexis Risk Solutions Recognized as a Strong Performer in Enterprise Fraud Management Solutions Report

08/27/2024

ATLANTA — LexisNexis® Risk Solutions has been acknowledged as a Strong Performer in The Forrester Wave™: Enterprise Fraud Management (EFM) Solutions, Q2 2024 report. It benchmarks the most significant providers in the industry against 21 criteria.

The LexisNexis® Dynamic Decision Platform garnered scores of 3.3 in the current offering category, 3.5 in the strategy category and a 5 out 5 in the market presence category. The Forrester report notes that the platform’s innovation process, support and adoption-boosting strategy stand ahead of the competition. The report also states LexisNexis Risk Solutions is a great fit for organizations transitioning from cyber channel fraud management to financial transaction monitoring.

“The vendor boasts capable built-in, productized machine learning models for risk scoring. Analyst investigation screens are customizable and provide flexible investigative capabilities to investigators,” wrote Andras Cser, vice president and principal analyst, security and risk management at Forrester Research, in the report. “The solution is a great fit for organizations expanding from cyber (online) channel fraud management into financial transaction monitoring.”

"We are honored to be recognized by Forrester as a Strong Performer in the EFM category," said Kimberly Sutherland, vice president, fraud and identity at LexisNexis Risk Solutions. "This ranking reflects for us our unwavering dedication to address evolving global fraud detection and prevention challenges for our private and public sector customers. Our team’s relentless focus on delivering exceptional support and driving adoption through strategic initiatives has been pivotal in achieving this milestone."

The Forrester Wave™: Enterprise Fraud Management Solutions, Q2 2024 report provides a detailed analysis of 12 top EFM providers and covers key differentiators such as built-in models and the integration of identity verification, contextual authentication and behavioral biometrics.

Read more about the company’s placement in the report.

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.