LexisNexis Financial Services
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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Real user data aggregated to summarize the product performance and customer experience.
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76 Likeliness to Recommend
97 Plan to Renew
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77 Satisfaction of Cost Relative to Value
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1
Since last award
Emotional Footprint Overview
+75 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?
Pros
- Reliable
- Saves Time
- Performance Enhancing
- Efficient Service
Cons
- Less Generous
- Under Delivered
Feature Ratings
Fraud Management
Anti Money Laundering
Analytics and Reporting
Policy Management
Market Risk Management
Credit Risk Management
Transaction Monitoring
Regulatory Compliance and Audit
Asset Liability Management
Stress Tests
Cheque Management
Vendor Capability Ratings
Ease of Data Integration
Quality of Features
Product Strategy and Rate of Improvement
Usability and Intuitiveness
Ease of Implementation
Business Value Created
Breadth of Features
Ease of IT Administration
Availability and Quality of Training
Vendor Support
Ease of Customization
LexisNexis Financial Services Reviews

Dana K.
- Role: Human Resources
- Industry: Other
- Involvement: End User of Application
Submitted Jun 2022
Lexis is the best choice for a risk solution
Likeliness to Recommend
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
Abigail M.
- Role: Finance
- Industry: Finance
- Involvement: Business Leader or Manager
Submitted Jun 2022
Very attractive for the organization.
Likeliness to Recommend
What differentiates LexisNexis Financial Services from other similar products?
Alert management and analysis provided as a part of the Fraud management module of the suite are excellent. The analysis automatic within the solution can be fine-tuned such that there are minimal false positives. The workflow management can be sluggish at times. However overall the solution is commendable. My overall experience has been very great. It’ one amongst the simplest platform for getting information. I’m really pleased with it. It’s been an excellent help in legal analysis needs and we are very happy with it’ outcome.
What is your favorite aspect of this product?
We have a direct seller contact for our account and fast client response whenever we reach out. Vendor is knowledgeable. Though we’ve oversight of this vendor for the company, we have found that other BLs even have initiated separate contracts without informing our team which ends in many contracts and inefficiencies in use of funds. Product is effective, intuitive interface, and powerful customization abilities. Skilled expertise on subrogation recoveries with LexisNexis who are trade leaders in collection domain. Nice team to figure with.
What do you dislike most about this product?
The small projects team is under-resourced, therefore, projects are on a roll for long periods of time, often while not update. Server response times, significantly in Development and check environments is commonly not so good. Having to wait for response on some functions of Configuration may be somewhat frustrating. The quality modules can typically be troublesome to re-configure or alter for customized purposes.
What recommendations would you give to someone considering this product?
Review different vendors, as we’ve got done. LexisNexis risk solution stacks up alright against its competitors. The application is extensive, is consistently being enhanced, and is customizable in-house. It has too many amazing features that are very knowledgeable and beneficial.
Pros
- Reliable
- Enables Productivity
- Trustworthy
- Efficient Service
Cons
- Less Generous

Nikola S.
- Role: Human Resources
- Industry: Finance
- Involvement: Business Leader or Manager
Submitted Jun 2022
User-friendly financial service software
Likeliness to Recommend
What differentiates LexisNexis Financial Services from other similar products?
It is economical and price friendly. The staff posses large knowledge. The client service technicians are the best. The software system is user friendly. The loading speed is high enough. Terribly straightforward to use. Makes it easy to create profiles and open accounts. System seldom gets slow and is pretty fast to load.
What is your favorite aspect of this product?
I like that the cllients file are often fully accessed in one interface wherever you’ll be able to see all the loan information, correspondence, and documentation without having to rummage into different files or access other programs. I additionally like that their check software can be done anywhere if you’ve got the program and portable check processor with you.
What do you dislike most about this product?
Each time my pc contains a software system update, my Fiserv programs fail and make problems where I cannot even log into the software to do my job. It s a large time suck. Fiserv support staff is tough to get a hold of and they take forever to resolve your issue. The precision interface is additionally not user-friendly. I have learned it and I am used to it so it’s not hard, but the setup and site of all the data are not done well.
What recommendations would you give to someone considering this product?
Give it a try, however, don’t forget to allow different vendors an opportunity to showcase their options and advantages too!
Pros
- Helps Innovate
- Performance Enhancing
- Enables Productivity
- Unique Features