Financial Crime Compliance

Our configurable tools deliver dynamic insights that provide actionable risk intelligence at any point in the customer lifecycle, allowing your business to accelerate decisions and effectively combat financial crime risk.

Efficiently Assess Financial Counterparty Risk

Accurately identify financial counterparties worldwide and assess risk with our definitive source of data and documents. Lower the cost of compliance and accelerate financial counterparty onboarding times by removing the need to manually find and validate information from many different sources. Our Counterparty KYC solutions are available via a single online lookup tool, cloud-based workflow application or API.

Fortify compliance efforts without adding friction to the customer experience

We offer financial crimes solutions that work together to deliver robust risk perspective that enables your business to prioritize key sanctions and global financial crime compliance requirements around:

• Bank Secrecy Act (BSA) and Anti-money laundering (AML) 
• Anti-bribery and corruption (ABC)
• Customer Due Diligence (CDD) 
• Economic Sanctions 

By providing structured global risk intelligence in easy-to-utilize formats, our financial crime services help your business conform with key components of anti-terrorism and money laundering laws, including:    

• USA PATRIOT Act
• Financial Crimes Enforcement Network (FinCEN) Customer Due Diligence Guidance
• Office of Foreign Assets Control (OFAC) Regulations
• Fifth European Union Anti-Money Laundering (EU AML) Directive
• Financial Actions Task Force (FATF) and Wolfsberg Group Guidance
• Monetary Authority of Singapore (MAS) 
• Accounting and Corporate Regulatory Authority (ACRA) Act 

Access current global risk intelligence and improve decisioning efficiencies

Change is the only constant in the evolving climate of global financial crimes compliance requirements and ongoing geopolitical challenges. LexisNexis® Risk Solutions connects your business to comprehensive global risk intelligence that is continuously updated to reflect the most recent global risk realities. We offer an expansive breadth and depth of financial crime risk data in our comprehensive coverage of over 5 million structured profiles of individuals and entities that cover more than 60 risk categories and subcategories, including global sanctions, enforcement actions, Politically Exposed Persons (PEPs), state-owned enterprises, registration lists and adverse media.

Achieve more effective financial crime risk management

Our end-to-end, agile solutions are designed to enhance workflows across the customer lifecycle without disrupting day-to-day business. Our financial crime and compliance management solutions combine comprehensive global identity intelligence, cross-industry analytics, intuitive linking and innovative technologies to help your business effectively determine and prioritize relevant customer risks and utilize critical resources more efficiently:

• Enhance Customer Lifecycle Management (CLM)
• Comply with evolving global requirements and sanctions regulations
• Increase investigation accuracy
• Improve cross-enterprise operational efficiencies
• Achieve greater cost synergies
• Avoid emerging financial crime risks

Confidently balance compliance objectives with core business operations

These integrated, configurable financial crime solutions work together to enable your business to maximize efficiencies across risk assessment, decisioning and investigations and support consistency across critical workflows. We deliver actionable intelligence to automate risk decisions and reduce delays and friction for legitimate customers. With agile financial crime solutions that can be tailored to meet specific risk tolerances, we can improve cross-enterprise operational efficiencies and cost synergies. Our robust financial crime solutions enable you to confidently complete risk-based assessments while balancing compliance demands with core business operations:

• Respond to evolving global compliance regulatory requirements
• Increase the transparency of compliance activities across the enterprise
• Expand into new markets and maximize global opportunities
• Minimize friction and speed onboarding for new customers and third-parties
• Control financial crime and compliance costs

Count on an industry-proven source for stronger financial crime risk management and compliance

Our FCRM solutions connect your business to robust technology, data and analytics that can transform your Financial Crime Compliance workflows and help you achieve greater costs and operations efficiencies across the customer lifecycle. Our one-source model encompasses all of your screening, investigation and ongoing monitoring needs to support a unified, more cohesive workflow – enabling you to focus resources on your core business and the customer experience.

With over 20 years of experience, we demonstrate our strong strategic commitment to fighting financial crimes including money laundering, bribery and corruption and terrorist financing. We are proud to be the provider of choice for leading global financial institutions and corporations:

• Seven of the world’s top ten banks
• The top 50 banks in the U.S. market
• We also enabled over 140 billion sanction screens in 2019

Focus resources on relevant financial crime risk and improve investigation precision

A powerful combination of industry-proven technology, advanced analytics, expansive global risk intelligence and unmatched industry experience enables your business to achieve a more effective end-to-end financial crime compliance workflow. We offer integrated and flexible tools and AML compliance solutions that support streamlined Financial Crime Compliance, economic sanctions compliance, Bank Secrecy Act and anti-money laundering compliance and anti-bribery and corruption compliance across the customer lifecycle.

Count on LexisNexis® Risk Solutions to help your business efficiently understand customer and third-party risk and increase the effectiveness and efficiency of critical financial crime and compliance management workflows.