LexisNexis Financial Services Logo
LexisNexis Financial Services Logo
LexisNexis

LexisNexis Financial Services

6.6 /10
Category
LexisNexis Financial Services
6.6 /10

What is LexisNexis Financial Services?

We offer innovative solutions to serve a wide range of industries and government while upholding the highest standard for security and privacy.

Company Details


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Awards & Recognition

LexisNexis Financial Services won the following awards in the Financial Risk Management category

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LexisNexis Financial Services Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on LexisNexis Financial Services.

78 Likeliness to Recommend

2
Since last award

97 Plan to Renew

1
Since last award

76 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+70 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love LexisNexis Financial Services?

8% Negative
18% Neutral
74% Positive

Pros

  • Performance Enhancing
  • Transparent
  • Reliable
  • Respectful

Cons

  • Charges for Enhancements
  • Vendor Friendly Policies
  • Less Generous

Feature Ratings

Average 74

Fraud Management

79

Credit Risk Management

77

Transaction Monitoring

76

Anti Money Laundering

75

Analytics and Reporting

74

Regulatory Compliance and Audit

74

Policy Management

74

Asset Liability Management

74

Market Risk Management

74

Stress Tests

71

Cheque Management

69

Vendor Capability Ratings

Average 71

Ease of Implementation

89

Ease of IT Administration

86

Ease of Customization

78

Product Strategy and Rate of Improvement

70

Breadth of Features

66

Quality of Features

66

Availability and Quality of Training

65

Vendor Support

65

Ease of Data Integration

64

Business Value Created

55

Usability and Intuitiveness

49

LexisNexis Financial Services Reviews

  • Role: Vendor Management
  • Industry: Banking
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Mar 2024

Effective product but customer service is lacking

Likeliness to Recommend

8 /10

Pros

  • Security Protects
  • Performance Enhancing
  • Respectful
  • Acts with Integrity

Cons

  • Less Effective Service
  • Wastes Time
  • Charges for Enhancements
  • Role: Consultant
  • Industry: Consulting
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Dec 2023

Great financial product

Likeliness to Recommend

9 /10

Pros

  • Efficient Service
  • Effective Service
  • Fair
  • Client's Interest First

Dana K.

  • Role: Human Resources
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jun 2022

Lexis is the best choice for a risk solution

Likeliness to Recommend

9 /10

What differentiates LexisNexis Financial Services from other similar products?

We had a advanced and essential implementation to take care of, and that wed LexisNexis risk resolution to supply us with full availability. They acted each ssionally and proactively for the complete duration of the project. Without their availability and having them verifverifyl steps, we wouldn’t have been able to deliver such a successful integr ion delivery. The platform has loads of completely different settings that may be organized for your specific business objectives, organizational structures, and operational process. No matter you want,what it can most likely be configured.

What is your favorite aspect of this product?

Simple dashboard use and easy navigation. The knowledge domain was filled with useful support articles. Additionally, the private tutorial was helpful duringan worker transition. The most effective side of LexisNexis risk solution, a very layered aspect in itself, is its versatility. Numerous ways in which to use the software system solution in everyday activities, and to make a complex, nevertheless coherent, and intuitive system for security.

What do you dislike most about this product?

Way too complicated. The method of setting up the platform is an enterprise-level implementation and wants their authority support. Conjointly implementation into your website isn’t all that straightforward and required many months to get it working.

What recommendations would you give to someone considering this product?

It’s a good answer that’ versatile and meets the business needs, but make sure to do your preparation on having enough resources to implement it.

Pros

  • Continually Improving Product
  • Effective Service
  • Helps Innovate
  • Reliable