SINGAPORE - LexisNexis® Risk Solutions announced today the global launch of the latest version of its flagship AML compliance platform Bridger Insight® XG that helps all risk, compliance and anti-money laundering professionals to increase operational efficiencies, consolidate compliance technology and simplify their due diligence processes.
“Risk and compliance professionals, like you, want the same thing: the right platform to comply with increased regulatory scrutiny and to reduce risk exposure in an efficient manner,” said Thomas C. Brown, senior vice president, financial services, LexisNexis Risk Solutions. “In many cases you are the first line of defence, when combatting financial crimes. Working with LexisNexis Risk Solutions, you’ll receive a comprehensive view into who you are conducting business with so that you can confidently comply with the ever changing regulatory requirements in a timely manner.”
Already established as the platform of choice for many leading financial institutions in Asia, the latest version of Bridger Insight XG is available in seven languages: English, Spanish, Portuguese, Simplified Chinese, German, French and Japanese, which facilitates its global adoption.
Chrisol Correia, director, global AML, LexisNexis Risk Solutions said: “When we began the journey to bring a new version of Bridger Insight XG to the global marketplace, we started with our customers’ feedback and expectations. Their views and ideas contributed to make Bridger Insight XG the most advanced screening solution available to address a broad range of requirements in the AML Compliance space. We listened to our customers, understood the relevant features and benefits they wanted, and then we delivered. Bridger Insight XG was designed by our customers, for our customers.”
Bridger Insight XG is known for its ease-of-use and straightforward operability. An important differentiator, though, is that banks experience significant operational efficiencies to resolve more false positive alerts with fewer people. Compliance professionals significantly reduce the amount of time to review their alerts by nearly half with Bridger Insight XG false-positive reduction capabilities. With integration into WorldCompliance™, Bridger Insight XG users have access to the most compelling financial intelligence, including over 35 billion public records, across 240 countries and territories from 30,000 media sources, to help them conduct very thorough investigations.
Operations teams and compliance officers now are able to standardise and deliver consistent results, controls and reporting across the board, which aids in important communications with examiners and regulators.
Bridger Insight XG is powered by expansive data and analytic linking technology, which combined enable financial institutions to simplify due diligence while accelerating account openings and other types of transactions.
Other features and benefits include:
Read more about Bridger Insight XG here.
Request a demo here.
About LexisNexis® Risk Solutions
LexisNexis Risk Solutions 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 RELX Group plc, a world-leading provider of information solutions for professional customers across industries.