"Rapid Mastery: LexisNexis' User-Friendly Interface and Extensive Database"

Submitted

5.0
5.0
Overall User Rating

Product(s): LexisNexis Risk Solutions

Overall Comment:"Overall my experience is excellent as we used to use previously other software, however if I compare the lexis nexis has a good feature with great PEP and fin crime related searches, however I can say that lexis nexis is a good product in the field of financial crime and AML/KYC related domain."

Lessons Learned

Description
Description

What do you like most about the product or service?

I like most about lexisNexis part is their User-friendly Interface as when It's first deployed in the company I have learned the product and their most feature in 1 day, also their extensive search data base also very good to find the result, and last point is to do our PEP cases in lexisNexis as those details helps us to close our cases faster than previous.

Description
Description

What do you dislike most about the product or service?

Lexis nexis is highly regarded but I face the problem in few things, Their search result is very high due in number and if an analyst want to close the cases to get their productivity done it can be very tedious at times. Limited support from their customer support. In some part there is no customization available.

Evaluation & Contracting

5.0
Description

Why did you purchase this product or service?

  • Improve business process outcomes
  • Improve customer relations/service
  • Enhance decision making
  • Create internal/operational efficiencies
  • Drive innovation
  • Reduce time to market
  • Improve business process agility
  • Cost management
  • Improve supplier or partner relationships
  • Improve compliance & risk management
Description

What were the key factors that drove your decision?

  • Strong user community
  • Strong consulting partnership
  • Product functionality and performance
  • Strong services expertise
  • Overall cost
  • Pre-existing relationships
  • Strong customer focus
  • Financial/organizational viability
  • Breadth of services
  • Product roadmap and future vision
Description

Which other vendors did you consider in your evaluation?

  • Zendesk
  • Chainalysis
  • ActivePrime
  • Amazon Web Services (AWS)
  • IBM
  • Alteryx
  • Ellipsys
  • SAP
  • Zoho
  • SAS
  • SQLite

Integration & Deployment

5.0

Service & Support

5.0

Product Capabilities

5.0

Additional Context

Description

Deployment architecture

Cloud (SaaS or PaaS or IaaS)
Description

In which country(s) did your deployment take place?

India