Bridger Insight by LexisNexis Risk Solutions is a comprehensive compliance, risk mitigation, and due diligence platform designed to help organizations meet their regulatory obligations while minimizing operational complexities. Primarily serving financial institutions, insurance companies, and other regulated entities, Bridger Insight delivers robust screening and monitoring capabilities to identify high-risk individuals, entities, and transactions efficiently and accurately. It addresses critical compliance mandates such as anti-money laundering (AML) regulations, Know Your Customer (KYC) requirements, counter-terrorist financing directives, and sanctions screening obligations imposed by authorities like the U.S. Office of Foreign Assets Control (OFAC) and other global regulatory bodies. One of the key features of Bridger Insight lies in its advanced watchlist screening capabilities. The solution continuously updates and references a wide range of watchlists—including global sanctions lists, politically exposed persons (PEPs), adverse media sources, and other proprietary datasets—to deliver comprehensive risk assessments. By leveraging sophisticated matching algorithms and “fuzzy logic” techniques, the platform can detect potential matches even where variations in name spellings, incomplete data, or cultural naming conventions exist. This level of precision not only reduces the chance of missing truly risky parties but also helps minimize false positives, enabling compliance teams to focus on legitimate red flags and accelerate decision-making processes. Bridger Insight also integrates seamlessly with core banking systems, customer relationship management (CRM) platforms, and other internal compliance and case management applications. This interoperability supports a more holistic and efficient workflow by allowing data to flow freely between systems, thereby streamlining investigations and enhancing collaboration among compliance, risk, and legal teams. In addition, the platform’s user-friendly interface, configurable settings, and robust reporting capabilities empower organizations to tailor their compliance controls to their unique risk profiles and evolving regulatory obligations. Ultimately, Bridger Insight’s comprehensive dataset coverage, flexible deployment options, and ongoing regulatory updates contribute to a nimble and scalable compliance infrastructure. By enabling organizations to proactively identify hidden risks, maintain robust due diligence procedures, and confidently meet global regulatory standards, Bridger Insight plays a critical role in safeguarding both their operations and reputations.
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
Founded: 1970
Example Customers: TSB, Prudential, Metro Bank, Capita
Visit Vendor WebsiteAwarded By: AI Breakthrough Awards
Topic: AI Breakthrough Awards
Date: June 01, 2024
Learn MoreRanked By: Forrester
Topic: Enterprise Fraud Management Solutions, Q2 2024
Date: June 05, 2024
Learn MoreRanked By: Chartis
Topic: Financial Crime and Compliance 50
Date: March 14, 2024
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