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The table below summarises some key information about Existence from LexisNexis Risk Solutions and Know Your Customer from Fenergo, giving you some points to compare.
| Existence | Know Your Customer | |
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| Product Description |
LexisNexis Risk Solutions' Existence platform provides advanced verification tools to confirm the legitimacy of businesses and individuals. By leveraging global data sources and proprietary analytics, the platform identifies discrepancies, detects potential risks, and ensures compliance with regulatory requirements. Existence integrates seamlessly into onboarding and risk assessment workflows, enabling organizations to prevent fraud, enhance operational efficiency, and build trust with clients and partners. Its real-time verification capabilities empower businesses to make informed decisions quickly and confidently. |
Fenergo's Know Your Customer (KYC) solution ensures compliance with local and global KYC requirements by providing pre-packaged data, document, and ownership rules across over 120 jurisdictions. It streamlines operational efficiencies through seamless integration with leading data, ID&V, and screening partners, reducing client outreach and eliminating silos between operational and compliance teams. The solution incorporates continuous risk monitoring to ensure ongoing compliance throughout the client lifecycle. :contentReference[oaicite:2]{index=2} |
| Vendor | LexisNexis Risk Solutions | Fenergo |
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| Vendor Headquarters | United States | Ireland |
| Vendor Founded | 1970 | 2008 |
| About the vendors |
LexisNexis Risk Solutions is a global data and analytics company that provides information-based analytics, decision tools, and data management services to help organizations make informed decisions, stay compliant, reduce risk, and improve operations |
Solutions to manage risk across the customer lifecycle |
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