LexisNexis Risk Solutions Recognized as a Category Leader in Chartis AML Transaction Monitoring Report for 2024

01/10/2025

ATLANTA — LexisNexis® Risk Solutions has been named a Category Leader in the 2024 update of the Chartis AML Transaction Monitoring Solutions Quadrant report. The Chartis report offers a comprehensive assessment of the vendor landscape for Anti-Money Laundering (AML) transaction monitoring solutions and highlights LexisNexis Risk Solutions’ exceptional capabilities.

The evaluation, based on two major criteria – completeness of offering and market potential – demonstrates the firm's advanced solutions and strategic positioning:

• Five-star ratings (best-in-class) were achieved for key criteria including data and system integration and platform and case management capabilities, reinforcing the company’s leadership position in these domains.
• Four-star ratings (industry-leading) were achieved for other key criteria, including modelling and risk typology focus, speed and volume management, workflow automation and solution packaging and deployment.

Matt Michaud, global head of financial crime compliance at LexisNexis Risk Solutions, commented, "Being named a Category Leader is a testament to our team’s tireless efforts to develop cutting-edge technology that utilizes an expansive range of data sets. Our solutions provide some of the industry’s most comprehensive insights, addressing the evolving challenges of AML transaction monitoring with precision and flexibility."

Nick Vitchev, research director at Chartis, commented, “LexisNexis Risk Solutions’ category leader placing in our transaction monitoring quadrant reflects the high degree of flexibility it delivers to a market in which putting customization in the hands of users is a significant value-add. Its solution is built on a deep layer of data and solution integrations, with an orchestration platform capability that excels in a wide range of use cases.”

LexisNexis Risk Solutions is also positioned close to leading vendors under the report’s market potential criteria, which evaluates customer satisfaction, market penetration, growth strategies, business model and financials.

The Chartis AML Transaction Monitoring Solutions Quadrant report serves as an essential resource for financial institutions and compliance professionals seeking to make informed decisions about robust AML solutions that effectively mitigate risks and adapt to rapidly changing industry demands.

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.