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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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Get AssistanceLexisNexis Financial Services Ratings
Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
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Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
81 Likeliness to Recommend
5
Since last award
99 Plan to Renew
3
Since last award
82 Satisfaction of Cost Relative to Value
6
Since last award
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+83 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
- Performance Enhancing
- Transparent
- Respectful
- Fair
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Analytics and Reporting
Fraud Management
Asset Liability Management
Anti Money Laundering
Market Risk Management
Credit Risk Management
Transaction Monitoring
Policy Management
Stress Tests
Cheque Management
Regulatory Compliance and Audit
Vendor Capability Ratings
Usability and Intuitiveness
Quality of Features
Business Value Created
Ease of Implementation
Ease of Data Integration
Product Strategy and Rate of Improvement
Availability and Quality of Training
Ease of IT Administration
Ease of Customization
Breadth of Features
Vendor Support
LexisNexis Financial Services Reviews
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鈥� one amongst the simplest platform for getting information. I鈥檓 really pleased with it. It鈥檚 been an excellent help in legal analysis needs and we are very happy with it鈥� 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鈥檝e 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鈥檝e 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
Jenn W.
- Role: Information Technology
- Industry: Banking
- Involvement: IT Leader or Manager
Submitted Mar 2020
Software supporting Risk Managmeent
Likeliness to Recommend
What differentiates LexisNexis Financial Services from other similar products?
This tool and company has high visibility in the industry and has consistently delivered to the market a product to support risk management and helps us add definition to our customers and our portfolios.
What is your favorite aspect of this product?
The ability to search, secure and move forward with decisions based on quality information received.
What do you dislike most about this product?
There is nothing notably distasteful.
What recommendations would you give to someone considering this product?
Do the research and ensure that your LOBs are attuned to the product. Take advantage of the training and KT for IT.
Pros
- Reliable
- Performance Enhancing
- Enables Productivity
- Trustworthy
