Skip to content

Cloud hosting services introduced in Australia by LexisNexis Risk Solutions

LexisNexis Risk Solutions launches first Australian cloud hosting facility for streamlined localized risk management services. This innovative service lowers latency, enhances load time and response rate, and simplifies compliance via access to LexisNexis RiskNarrative, a platform enabling...

Cloud hosting services now available in Australia, provided by LexisNexis Risk Solutions.
Cloud hosting services now available in Australia, provided by LexisNexis Risk Solutions.

Cloud hosting services introduced in Australia by LexisNexis Risk Solutions

LexisNexis Risk Solutions has announced the launch of a new cloud hosting facility in Australia, designed to meet heightened compliance requirements and intensifying demands. The new services aim to build better and safer digital experiences for the local business community, providing innovative and comprehensive solutions.

The cloud hosting service offers reduced latency, improved load time, and response rate, ensuring a seamless and efficient digital experience for businesses. The launch demonstrates LexisNexis Risk Solutions' commitment to providing robust data security and supporting businesses in evolving without sacrificing customer satisfaction.

The new cloud hosting facility adopts a holistic approach, integrating Know Your Customer, Know Your Business, anti-money laundering activity, identity documentation, biometrics, and enhanced fraud detection. This comprehensive approach allows businesses to make faster risk decisions within a single application program interface and platform environment.

Konstantin Poptodorov, ANZ Director at LexisNexis Risk Solutions, emphasised the importance of data governance and privacy. He stated that the cloud platform fulfils specific data residency and regulatory requirements, ensuring the security and integrity of data. The platform holds ISO 27001, CSA certification, and HIPAA compliance certifications, further emphasising its commitment to data security.

Organisations using the LexisNexis Risk Solutions cloud solution include Hobson Prior and the Industrial and Commercial Bank of China (ICBC). The technology simplifies compliance procedures through access to LexisNexis RiskNarrative, allowing businesses to integrate multiple information sources.

With the new Australian cloud hosting facility, LexisNexis Risk Solutions continues to demonstrate its leadership in the risk management and compliance space. The company's new services are poised to revolutionise the way businesses approach risk management, providing a secure, efficient, and comprehensive solution.

In conclusion, the launch of the new Australian cloud hosting facility marks a significant step forward for LexisNexis Risk Solutions and the local business community. The new services are designed to meet the needs of businesses in a rapidly changing digital landscape, offering a secure, efficient, and comprehensive solution for risk management and compliance.

Read also:

Latest