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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
to access more information on LexisNexis Financial Services.
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
83 Satisfaction of Cost Relative to Value
7
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.
+85 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
Availability and Quality of Training
Product Strategy and Rate of Improvement
Ease of IT Administration
Ease of Customization
Breadth of Features
Vendor Support
LexisNexis Financial Services Reviews
Krista D.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Oct 2024
Ultimate Tool for In-Depth Financial Insights
Likeliness to Recommend
What differentiates LexisNexis Financial Services from other similar products?
LexisNexis doesn’t just skim the surface—it gives you the nitty-gritty details.
What is your favorite aspect of this product?
The risk management tools in the sense that they provide me with a clear, actionable overview of potential financial risks.
What do you dislike most about this product?
There was a time-sensitive case where I needed client history, and the cluttered interface slowed me down more than I’d like to admit.
What recommendations would you give to someone considering this product?
It’s a fantastic tool, but if you’re expecting modern UI, you might get frustrated.
Pros
- Helps Innovate
- Effective Service
- Saves Time
- Generous Negotitation
- Role: Vendor Management
- Industry: Banking
- Involvement: Business Leader or Manager
Submitted Mar 2024
Effective product but customer service is lacking
Likeliness to Recommend
Pros
- Security Protects
- Performance Enhancing
- Respectful
- Acts with Integrity
Cons
- Less Effective Service
- Wastes Time
- Charges for Enhancements
Mayowa O.
- Role: Finance
- Industry: Banking
- Involvement: End User of Application
Submitted Mar 2025
Effective Risk
Likeliness to Recommend
What differentiates LexisNexis Financial Services from other similar products?
LexisNexis Financial Services stands out due to its comprehensive risk management approach. It offers a holistic solution covering fraud prevention, compliance, and credit risk assessment. Advanced analytics and machine learning provide accurate risk assessments. The solution's scalability and flexibility make it suitable for financial institutions of all sizes. Its advanced technology sets it apart from competitors.
What is your favorite aspect of this product?
My favorite aspect of LexasaNexis Financial Services is its comprehensive approach to risk management. The solution combines advanced analytics, machine learning, and a vast repository of data to provide accurate risk assessments. This holistic approach helps financial institutions identify and mitigate potential threats. It's a powerful tool for preventing fraud and ensuring compliance. Overall, it's a game-changer for financial institutions looking to strengthen their risk management strategies.
What do you dislike most about this product?
One thing I dislike about LexisNexis Financial Services is its complexity. Implementing the solution can be time-consuming and require significant training. This can be a challenge for smaller financial institutions or those with limited IT resources. Additionally, the solution's steep learning curve can lead to frustration for some users. Overall, while the solution is powerful, its complexity can be a drawback.
What recommendations would you give to someone considering this product?
If you're considering LexisNexis Financial Services, clearly define your risk management requirements and goals. Evaluate the implementation costs and consider the time and resources needed. Request a demo to see the solution in action and understand its capabilities. Read reviews, ask for references, and compare with other solutions to make an informed decision. Additionally, ask about training and support to ensure a smooth transition.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
