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LexisNexis Canada Helps Protect Companies from Doing Business with Money Launderers and Financiers of Terrorism
Industry-Leading Technology Simplifies Compliance and Due Diligence
TORONTO, July 26, 2010 - LexisNexis Canada, a leading provider of information and services solutions to law firms and corporate, government and academic professionals, today announced that its Anti Money Laundering (AML) screening service is now available to Canadian organizations. LexisNexis® Bridger Insight™ XG is used by thousands of customers worldwide to conduct due diligence and comply with government regulations efficiently and cost-effectively through a single platform. Bridger Insight XG helps banking, insurance and retail organizations perform screening and ongoing monitoring of their clients to protect themselves from doing business with clients who are engaged in money laundering or terrorism-related activities. Organizations also can use the product to better adhere to Canada’s anti-money laundering and terrorist financing regulations.
Bridger Insight XG provides a fast, easy way for organizations to streamline the business processes required to conduct real-time and automated batch screening to facilitate essential ongoing monitoring. The product easily integrates into companies’ established workflows and processes with its case management and tracking tools. Users can capture supporting due diligence within the product itself and take advantage of archiving and reporting tools to ease the stress of audits.