Communications

Dialing into both sides of business risk: incoming and outgoing

B2B opportunities abound for your business as companies become more device-driven and workplaces demand constant connectivity. Product and service-wise, you’re well positioned to drive new revenue channels and provide the fullest customer experiences. But how are you on the risk front? Do you have the information you need to assess business account risk? And, do you have the support of reliable suppliers and partners who can help you fulfill the demands of commercial clients?

Controlling the many forms of business risk requires thorough due diligence. A difficult proposition, given the multiple layers of data to sift through and the nuances of risk to consider.

LexisNexis Risk Solutions offers solutions to simplify these tasks on two fronts:

  • Commercial Due Diligence that helps you get a clear picture of your B2B customers and the potential risks they may pose to your business, and
  • Third-Party Risk Management that keeps you up to date not only on supplier and partner profiles but also changes in their business that can affect yours — including compliance filings, litigation and more.

For business insight, we go where the web won't take you

What's in a name? You really have no idea who’s behind the Inc., Ltd., LLC or DBA on the customer application. Commercial organizations can have many layers and hidden connections that could have implications for your business.

From multiple locations and various legal structures to networks of associated people, it’s important to understand all the nuances of the companies to whom you offer goods and services — particularly when your services involve leased devices and assets that have value.

LexisNexis Risk Solutions helps you gain more reliable business intelligence on your customers, from initial onboarding through the many changes that can occur over the lifetime of that relationship.

  • Verify the legitimacy of a business identity and assess fraud risk
  • Trace a company's history over time including transfers of ownership, key personnel. associated entities, financial health, locations and more
  • Conduct deeper analysis to assess financial, legal, compliance and reputational risks of doing business
  • Continue monitoring over time to address changes in the company’s status that could negatively impact you
  • And uncover developments that may present new sales opportunities — such as the acquisition of another firm or entry to a new market

With LexisNexis Risk Solutions, you get a depth of information you won’t be able to find through an Internet search or free tools. Don’t trust risk assessment to surface searches.

Gain exceptional supplier insight. Because you never know what you might download.

Your communications services are built on a mosaic of suppliers and partners. Whether they’re responsible for network infrastructure or device hardware, packaging or outsourced customer service, they’re the face of your company. In fact, to your customers, these partners are your company.

There’s a lot on the line with these third-party relationships. A financial downturn, a strike or a snafu of any kind can seriously impact your business — either reputationally, financially or operationally. Clearly, due diligence is key. But it's not a one-and-done activity. Your vendors’ businesses are always evolving and changing, along with regulatory requirements and your own business profile. Keeping up with it all is a continual process. And a nightmare.

LexisNexis Risk Solutions gives you fast access to information on businesses of all sizes—including 25% more small businesses than any other provider. Rely on our data and patented linking technology to quickly and efficiently:

  • Verify the identity of a business, the owner and/or authorized representative
  • Confirm the accuracy of information they’ve provided
  • Evaluate inconsistencies that may indicate high-risk activity
  • Manage compliance of a breadth of laws and regulations:  Red Flags Rule, OFAC, USA Patriot Act, AML, etc.
  • Gain greater intelligence on court and administrative filings, OFAC watch lists, OSHA inspections, labor actions, media coverage and more

For more information on our supplier risk capabilities, visit our Third Party Risk Management page.

Bridger Insight® XG
Streamline regulatory compliance, protect your business and increase revenue
Business Assurance Report
Access Critical Business Intelligence and Nationwide Courthouse Coverage
Business InstantID®
Verify the business and its authorized agent…without awkward pauses
Find A Business
Uncover pertinent details about a business
SmartLinx® Business Report
Get a complete view of businesses

    Contact a Representative

    * required
    *
    *
    *
    *
    *
    *
    *
    *
    We respect your privacy.