How does RiskNarrative compare to FinCrime and AML?

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The table below summarises some key information about RiskNarrative from LexisNexis Risk Solutions and FinCrime and AML from Datavisor, giving you some points to compare.

RiskNarrative FinCrime and AML
Product Use-cases
AML
AML
Product Description

RiskNarrative, offered by LexisNexis Risk Solutions, is a comprehensive decision-making platform designed to streamline customer onboarding and risk assessment processes. By analyzing customer data, the platform identifies risks associated with fraud, financial crime, and regulatory compliance in real-time.

The solution integrates seamlessly with internal systems, offering customizable workflows, automated decisioning, and actionable insights. RiskNarrative empowers businesses to enhance onboarding efficiency, mitigate risks, and maintain compliance while delivering an exceptional customer experience.

DataVisor's FinCrime and AML solution is designed to help organizations detect and prevent financial crimes, including money laundering and terrorist financing. By leveraging advanced analytics and machine learning, the platform identifies suspicious activities and transaction patterns that may indicate financial crime.

The solution provides real-time alerts and detailed reports, enabling businesses to meet regulatory compliance requirements while maintaining operational efficiency. With DataVisor's FinCrime and AML solution, organizations can address evolving threats proactively and ensure the integrity of their financial operations.

Vendor LexisNexis Risk Solutions Datavisor
Vendor Awards
  • 🏆 Ranked - Strong Performer by Forrester (2024)
  • 🏆 Best Overall AI Company by AI Breakthrough Awards (2024)
  • 🏆 Named on RegTech100 by FinTechGlobal (2024)
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 4 by Chartis (2024)
  • 🏆 RiskTech100 2024 - Ranked 13 by Chartis (2024)
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 31 by Chartis (2024)
  • 🏆 Category Winner - Risk Appetite Tuning by Chartis (2024)
Vendor Headquarters United States United States
Vendor Founded 1970 2013
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

Datavisor offer an end-to-end fraud and risk SaaS platform powered by AI and machine learning, for financial institutions and large organizations to combat against a variety of fraud and financial crimes

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