RiskView™

Assess consumer creditworthiness and risk potential

LexisNexis® RiskView™ Solutions is a comprehensive suite of proven credit risk management data analysis tools and non-tradeline data. These credit risk modeling tools can increase your predictive intelligence far beyond traditional credit bureau scoring. Drawing on public records and multiple proprietary data sources, RiskView™ Solutions provides you with a greatly enhanced understanding of the risk, scoring, profitability potential and credit worthiness of your customers and prospects.

Our non-tradeline data augments traditional credit bureau scoring to provide a more complete consumer profile and insights that enable you to better anticipate consumer behavior. Access unmatched insight into consumer life events to reduce your risk exposure across all three phases of the customer lifecycle: targeting, credit risk management / decisioning and account management.

In addition to improved credit risk analysis at customer acquisition, you'll know more about current customers so you can leverage opportunities and extend new relationships at just the right time. LexisNexis credit risk management solutions are also customizable to your specific needs, so you can improve the business metrics that matter most to your organization.

With over thirty years of serving government and Fortune 500 companies with information solutions, LexisNexis® offers financial institutions unique data, advanced linking and matching and analytics, along with historical experience to provide solutions that keep you ahead of changing consumer financial conditions.

Challenging times demand innovative solutions

Today's struggling economy, along with more rigorous compliance regulations, are making your job increasingly demanding and difficult. You require the ability to pinpoint the right customers at the right time. If you don’t have enough information, or the right information, you can end up wasting valuable time, money and resources on misguided targets and prospects. RiskView Solutions can stand alone or supplement existing scoring solutions to substantially improve credit risk management, predictive risk scoring accuracy and help ensure regulatory compliance.

Our Solutions evolve with your needs

As the economic and regulatory landscapes constantly change, our solutions are updated and enhanced to meet your needs. In the face of record delinquency and chargeoffs and the onset of the CARD Act, the latest release of RiskView Solutions included over 300 attributes and other enhancements to improve your decisioning capability and efficiency, including:

  • Age and Predicted Income-related Attributes
  • New Property Automated Valuation Model (AVM) attributes—reveal prospects' property values
  • Education Attributes
  • Characteristics of Input and Previous Address Attributes
  • Most Recent Property Sale Attributes
  • Transient Person Attributes
  • Sub-prime Credit Service Solicitations Attributes
  • Phone & Higher Risk Address Attributes

Non-tradeline data leads to more profitable decisions

Gone are the days of relying solely on traditional credit bureau tradeline data for credit risk analysis and scoring. Technology now enables lenders to access a much more holistic view of customers and prospects. RiskView Solutions offer unique alternative, non-tradeline data that looks much deeper than traditional credit bureau data, providing a more complete picture of consumers' lives. Not only can you choose the best customers but you can also monitor and anticipate their risk to you as it changes. Credit risk management at its finest.

Effectively score the traditional and non-traditional market

Consumer lifecycle and lifestyle data are highly effective predictors of behavioral patterns and financial risk levels. Traditional bureau credit scores don't take this type of data into account, and therefore, they can overlook a large segment of the population, including thick-file, thin-file and no-file customers. RiskView performs credit risk analysis based on the following reliable indicators:

  • Residential stability
  • Asset ownership
  • Derogatory status
  • Life-stage analysis

Access a large pool of untapped profitability

Approximately 70 million U.S. adults* are considered "non-traditional" because they don't have enough credit history to allow for traditional credit scoring. In other words, a credit score can't say much about someone with little or no credit history. Now there's an effective alternative. RiskView™ Solutions is a proven, non-traditional method for predicting and scoring risk that allows you to tap in and profit from this huge, underbanked market, without taking on added risk.

Mitigate up front and ongoing credit risk

It's simple. The more you know about people, the better decisions you can make. This complete credit risk management solution includes up-front identifiers so you can predict whether or not a prospect will make a profitable customer. It also includes ongoing account monitoring, so you can predict if a normally profitable customer has suddenly become a potential risk.

Get it now: for more information about LexisNexis® RiskView™, please call (800) 869-0751.

*Source: Rachel Schneider and Arjan Schutte, The Predictive Value of Alternative Credit Scores, The Center For Financial Services Innovation, November 2007.

Predictive credit risk management

The effectiveness of a predictive score depends on the underlying quality of the data used to produce it. RiskView™ Solutions scores are generated from a vast collection of public records, consumer attributes and non-traditional information, such as property deeds and mortgages, liens, personal property titles, tax records, and criminal history. This data is then used to assess such factors as asset ownership, address stability and tenure, plus other items that can differentiate an individual's creditworthiness.

Comprehensive data to evaluate credit worthiness

RiskView™ Solutions incorporates a wealth of constantly updated public records, and has the ability to evaluate the credit worthiness of consumers across all segments, including thick-file, thin-file and no-files. Once the data is gathered from multiple sources, it is vetted through a sophisticated linking and analytics process that ultimately assigns a score based on an individual's likelihood to default within the next 18 months.

Industry specific results

The LexisNexis® RiskView™ Solutions suite of tools includes several different solutions that have been tailored to the needs of specific industries, including bank card, retail credit, automotive, money service business, and telecommunications.

Convenient ordering and delivery options

RiskView™ scores can be ordered one at a time through our secure online interface, through machine-to-machine processing or in batch files. LexisNexis® can also integrate RiskView™ Solutions into your current risk assessment software.

Outstanding Support

All of our data, tools and technology are backed by a dedicated support team that is available to answer questions and proactively assist you in maximinzing the effectiveness of your LexisNexis Solutions.

Get it now: for more information about LexisNexis® RiskView™, please call (800) 869-0751.

*Source: Rachel Schneider and Arjan Schutte, The Predictive Value of Alternative Credit Scores, The Center For Financial Services Innovation, November 2007.

RiskView™ Total Solutions includes these powerful tools:

RiskView™ Attributes

Providing creditors with a risk-predicting score is only the beginning. RiskView™ Attributes also includes the underlying data that makes up the score. Your organization can use this data for internal credit risk modeling to build your proprietary scorecard.

RiskView™ Report

LexisNexis® RiskView™ Report delivers insights into key consumer data and behavior attributes to help strengthen lending decisions, expand your addressable market and reduce risk with a multi-faceted view into the financial health of a consumer. With the perspective gained from the RiskView Report your business can improve judgmental lending decisions and streamline exception processing while capturing more market share by better differentiating opportunities within your full-file portfolio and more efficiently serving thin- or no-file consumers.

RiskView Report offers options to fit your decisioning requirements. Choose your report type, Score or Premium, and take advantage of our industry-driven scoring models based on your search needs. RiskView Score Report delivers an actionable score and reason indicators. When decisioning demands a deeper view into the consumer, select RiskView Premium Report to access the details that comprise the RiskView Score. Understand the consumer and their current financial standing with FCRA compliant content that supports well-informed decisions and more efficient exception processing. Put RiskView Report to work today.

Get it now: for more information about LexisNexis® RiskView™, please call (800) 869-0751.

White Papers

  1. Additional Uses of Alternative Data for Credit Risk Decisioning
    Now, more than ever, understanding one's customers and prospective customers, and accurately assessing their credit worthiness, is of critical importance. This paper attempts to provide a more complete picture of alternative data and how it can be used to get a better understanding of a consumer's risk profile.
  2. Successfully Lend to the Underbanked Consumer
    The recent turmoil in the credit market challenges retail lenders to consider all viable avenues for profitable growth. Opportunities lie in the use of new technologies that provide incremental growth in existing markets while opening up new and alternative markets for growth. In particular, the long-ignored underserved population is a very large untapped market that is garnering new attention from financial institutions and other lenders. In this paper, LexisNexis answers questions such as, "Why should lenders consider the underserved market as a growth opportunity?" and "How do Thin-File consumers and No-File consumers perform in terms of creditworthiness?"
  3. The Population Dynamics and Credit Quality of the Underbanked Market
    LexisNexis® conducted two research studies aimed at quantifying and understanding the credit performance of the underbanked population. The results revealed large untapped segements that are favorable for expanding your lending universe.
  4. Evaluating the Credit Risk of Non-Traditional Borrowers
    Non-traditional data can augment credit bureau-based scoring techniques helping lenders discover profitable prospects and more accurately evaluate the creditworthiness of applicants.

Literature

  1. LexisNexis® RiskView™ Solutions
  2. LexisNexis® RiskView™ Report - Sample Report

Get it now: for more information about LexisNexis® RiskView™, please call (800) 869-0751.

Contact Us

For more information about our products call 800.869.0751 or contact us online

RiskView™ is a consumer reporting agency product provided by LexisNexis Risk Solutions Bureau LLC and may only be accessed in compliance with the Fair Credit Reporting Act, 15 U.S.C. 1681, et seq.

Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors.Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified.

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Did you know?

RiskView is FCRA compliant. It employs proprietary scoring methodology based on public record and non-traditional consumer credit data, not credit bureau based data.




LexisNexis RiskView Report Demo



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