LexisNexis Risk Solutions has introduced a new offering to help clients identify and evaluate potential risks to their businesses.
The Business Risk Information tool works to connect public sources, business repositories and patent-pending architecture, LexisNexis said Wednesday.
“Now our customers will have greater coverage of smaller businesses and associated people and greater accuracy through our linking technology,†said Tom Brown, senior vice president of financial services at LexisNexis.
The company designed the tool for credit risk decision-making, due diligence, identity authentication, collections, compliance and supplier management applications.
The offering features the Find a Business and SmartLinx database containing federal employer identification numbers.