LexisNexis Financial Services

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.

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.