RiskNarrative
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Overview
LexisNexis® RiskNarrative™ provides a single, unified financial crime and compliance platform, enabling all elements of Transaction Monitoring to be orchestrated from one central solution. Combining rules, data, machine learning and human intuition to stop fraud, money laundering and bad actors impacting business.
Used as part of the RiskNarrative orchestration platform, Transaction Monitoring can automatically initiate additional checks, or request further documents from the customer. This helps reduce the overall effort associated with managing transaction risk, driving greater efficiency as well as an improved customer experience.
The orchestration capacity of the RiskNarrative platform means that screening solutions can be customized to use different rulesets, depending on the circumstances. All processes within the RiskNarrative platform can be tailored to specific applications, giving the business user full control.
Key Features
• Instant decisioning: Manage the complexity of multiple transactions and data live, as the transaction occurs.
• Comprehensive detection: Detect the criminal, monitor transactions and demonstrate full regulatory compliance as part of a holistic customer risk journey.
• In-built case management and link analysis: to help remediate referrals.
• Flexibility: Plug in your own models, deployed into bespoke monitoring journeys utilizing machine learning alongside empirical rules. Or else, deploy a pre-configured transaction monitoring model from our library that can then be updated, removed, or reconfigured as required.
• Virtual Agent: Automate decisioning with the Virtual Agent machine learning algorithm and eliminate referrals and alerts, significantly reducing operational costs.
• Configuration without hardcoding: Create and update rulesets and thresholds quickly and easily, in natural language, without the need for coding expertise. Reduce dependency on IT and professional services teams to support configuration.
Key Benefits
• Comply with regulation and protect your customers and business against fraud.
• Clearly demonstrate full AML controls and regulatory compliance to regulators.
• Integrate Transaction Monitoring with risk scoring at onboarding and ongoing throughout the customer journey, enabling you to have a true ‘single customer view’
• Manage transactional risk effectively across the full customer lifecycle.
• Create and customize transaction monitoring strategies, journeys, and rulesets easily, as required, with reduced reliance on technical support.
• Eliminate irrelevant referrals and alerts, using the Virtual Agent machine learning algorithm.
• Dynamically manage risk and compliance with a complete view of all transactions.