LexisNexis® Risk Solutions
We’ve partnered with LexisNexis Risk Solutions who offer law firms the ability to screen all clients and associated parties against:
- politically exposed persons (PEPs)
- adverse information, and
- enhanced due diligence data
These extensive data assets help law firms to conduct meaningful client risk assessments that underpin an effective risk-based approach.
Want to improve and streamline your AML compliance processes?
With LexisNexis Risk Solutions data and technology, law firms can evaluate risk at every stage of a client engagement with minimal friction for fee earners and clients:
- onboarding – perform know your client (KYC) identity checks and evaluate the risk associated with an entity
- before opening files and matters – screen clients and transactions for potential AML risk
- ongoing monitoring – keep a check on client risk and flag any changes in risk profile at the earliest opportunity
LexisNexis Risk Solutions is trusted by law firms of all sizes…
- four of the top five UK law firms
- 11 of the top 20 UK law firms
- 47 of the top 100 UK law firms
Find the right solution for you
To discover the AML compliance solution that works for you, contact LexisNexis Risk Solutions and let them know that you’re a member of the Law Society.
Know your client – electronic identity checks
Truly know who your clients are with the LexisNexis Risk Solutions e-ID tool. Through a simple search interface, checks can be conducted instantly.
The client doesn’t need to be present or even in the UK; accessible via a mobile app, your clients can verify their identity remotely, from anywhere in the world.
Screen for PEPs and sanctions
The LexisNexis Risk Solutions global research network (+450 researchers) maintains a market leading database of PEPs and sanctions.
Available through their identity check and screening solutions, LexisNexis® WorldCompliance™ Data can also be integrated directly into your existing systems.
Monitor for changes in risk
Today’s low-risk client can become tomorrow’s high-risk exposure. LexisNexis Risk Solutions will enable you to continually monitor client risk and flag any changes at the earliest opportunity.
Enhanced due diligence
When higher risk is identified, enhanced due diligence will enable you to evaluate the risk and better understand individuals, business structures and beneficial ownership.
To reveal further unseen risk, you can search adverse information that enables you to delve into the deep web and find information not available through traditional search engines.
LexisNexis Risk Solutions is working in collaboration with the Law Society and offers AML technology and risk data to help firms meet their AML obligations. This webpage does not constitute AML guidance. Firms should make their own investigations as to whether these tools will be right for them.
LexisNexis is a registered trademark of RELX Inc. WorldCompliance is a registered trademark of World Compliance, Inc.