LexisNexis Expands Company Coverage for Middle East and North Africa
August 2, 2017 — LexisNexis® —a leading provider of content and technology solutions—has entered into a content agreement with Diligencia, a respected provider of company information for the Middle East and North Africa (MENA) region, including Iran.
Recognizing that our customers need trusted, reliable company information to take advantage of emerging opportunities—while also mitigating compliance risk—LexisNexis selected Diligencia because of content quality. These company profiles are compiled from original source material in the local language of registration, and are based exclusively on official sources such as government ministries, licensing authorities and official gazettes. They include registered addresses and contact details, date of incorporation, share capital, registered directors, shareholders, subsidiaries and licensed activities.
The added content addresses several challenges that organisations face when conducting due diligence or business intelligence investigations of companies in the MENA region. Rather than undertaking a lengthy process of requesting and referencing official sources such as the Ministry of Trade registry office, the General Authority for Foreign Investment (GAFI) and official gazettes as would be the case in Egypt —in just a few clicks, companies benefit from comprehensive corporate profiles enabling users to quickly map ownership structures to identify related holdings, subsidiaries and investments of corporate entities across the MENA region.
“LexisNexis continues to proactively develop strategic content agreement to support the changing requirements of our customers. We are pleased to further enhance our content coverage to help our customers mitigate their changing regulatory, financial, reputational and strategic risks’ Mark Dunn, Segment Leader Entity Due Diligence and Monitoring, LexisNexis Business Insight Solutions.
“Diligencia commit to providing a clear view of the facts in territories where public information is not readily available. We welcome the opportunity to extend these services to the LexisNexis community and provide this information as a solid foundation for their decision-making in the emerging markets.” Patrick Lord, Managing Partner, Diligencia Group.
About LexisNexis Legal & Professional
LexisNexis Legal & Professional is a leading global provider of legal, regulatory and business information and analytics that help professional customers make more informed decisions, increase productivity and serve their clients better. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group, a global provider of information and analytics for professional and business customers across industries.
The Business Insight Solutions division of LexisNexis Legal & Professional serves companies and organizations across the globe, offering premier news, corporate information and public records through a portfolio of solutions, including the flagship and award-winning Lexis Diligence®. This unique combination of market-leading content and innovative technology helps business professionals make more insightful decisions by offering them quick and easy access to the latest news, facts and insights regarding their brand, clients, prospects, competitors, suppliers and industry trends.
About Diligencia Group
Diligencia is the most sought after service provider of company information in the Middle East & North Africa region. Established in 2008 with headquarters in Oxford, England Diligencia operates offices in Morocco and the UAE maintains a team of researchers and curators of hard facts, operating in territories where public information is not readily available. The proprietary company information provider compiles corporate profiles from official and original source material in the local language of registration—data critical to compliance teams, business intelligence professionals and credit agencies to support more informed decisions.
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Company: LexisNexis Business Insight Solutions
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