LexisNexis® Earns Ranking on 2013 InformationWeek 500 List Of Top U.S. Technology Innovators
September 10, 2013 —
ATLANTA — LexisNexis® Risk Solutions today announced it has ranked 137 on the InformationWeek 500, an annual listing of the nation's most innovative users of business technology. The staff of InformationWeek magazine identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. The annual list was revealed yesterday on the Information Week 500 website, www.informationweek.com/iw500/.
Among its newest innovations and primary criteria for the awards, LexisNexis enhanced SALT or Scalable Automated Linking Technology for its HPCC Systems supercomputing platform to ensure the Georgia-based company can continue to process high volumes of complex data. HPCC Systems® is open source and an enterprise-proven platform for big data processing being leveraged by financial institutions, insurance companies, law enforcement agencies, state and federal government and other enterprise-class organizations.
"Today, companies struggle to store and analyze from increasingly large quantities of structured and unstructured data and gain insights needed make critical business decisions," said Vijay Raghavan, EVP and CTO. "SALT links, classifies and matches information together through linking algorithms and identifies relationships between people, business entities or other information."
SALT is also used to prevent fraud by verifying identities, addresses and other factors and using information on relationships to see where collusive activities might exist within property and casualty insurance, health care fraud, mortgage fraud and other financial services transactions.
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About LexisNexis Risk Solutions
LexisNexis Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced analytics, LexisNexis Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading global provider of professional information solutions across a number of sectors.