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LexisNexis Negative News Search Helps Identify People, Organizations with Negative Affiliations Such as Criminal Acts, Bankruptcies or Illicit Behavior
New LexisNexis feature searches over 13,000 news sources for negative news content
BOCA RATON, FL, October 13, 2005 - LexisNexis, a leading provider of legal, news, business information and risk management services, announces the addition of a powerful new search capability for its Anti-Money Laundering, Risk Management, and RiskWise® applications. Called Negative News, the new feature searches over 13,000 news sources for negative news content relating to a specific subject person or business entity.
The Negative News search enables users to find out important information about an individual or organization that might not be readily available through regular public records searches. Users only need to input the name of a person or business, and Negative News automatically builds a powerful search that identifies articles in which the name of the person or business appears in close proximity to mentions of criminal acts, bankruptcies or illicit behavior. Examples of terms that Negative News looks for in the text of articles include "bribe," "drug," "felony," "misconduct," "negligence," and "theft."
"It is sometimes difficult to truly know your business partners, vendors and customers, especially when there is limited public information available on a particular person or company," said Thomas C. Brown, vice president, market planning – financial services at LexisNexis. "LexisNexis has worked with its customers to identify possible behavior that might suggest an individual warrants additional consideration and investigation. By using Negative News, users can leverage the full power of the current and archived LexisNexis news sources to provide critical background information they need, when they need it."
The LexisNexis® Negative News search automatically performs a search of news articles that contain mentions of the subject, be it a person or business, in close proximity to a derogatory term.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis® research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.
For more than 30 years, LexisNexis has been a pioneer in secure data sharing, information policy, and personal privacy. Through its risk management flagship products, Accurint®, Banko®, PeopleWise® and RiskWise®, LexisNexis helps to locate people and assets, authenticate identity, enable commerce, conduct background screening, and support national security initiatives. Customers include almost every Federal Government agency, the top 100 law firms, and Fortune 500 companies in the fields of national security, financial services, collection and recovery, insurance, telecommunications, e-commerce and retail.
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