LexisNexis Risk Solutions Brings Cloud Hosting to the Australian Market

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LexisNexis Risk Solutions has rolled out its first Australian cloud hosting facility to support easy access to localised risk orchestration services.

The technology behind the cloud hosting service delivers reduced latency, improved load time and response rate and simplified compliance procedures through access to LexisNexis RiskNarrative, which allows businesses to integrate multiple information sources.

Organisations can confidently accelerate risk decisions within a single application program interface and platform environment, adopting a more holistic approach that integrates Know Your Customer, Know Your Business, anti-money laundering activity, identity documentation, biometrics and enhanced fraud detection.

“We understand the importance of data governance and privacy requirements that organisations face,” said LexisNexis Risk Solutions ANZ Director Konstantin Poptodorov. “Amid heightened compliance requirements and intensifying demands, we support businesses with new cloud-hosted services so they can evolve without sacrificing customer satisfaction. This launch demonstrates our commitment to providing innovative and comprehensive solutions for the local business community as we strive to build better and safer digital experiences.”

LexisNexis Risk Solutions uses a cloud platform to deliver robust data security that fulfils specific data residency and regulatory requirements. The platform boasts a variety of compliance certifications, including ISO 27001, CSA certification, and HIPAA.

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