If you're looking for another Thomson Reuters alternative, LexisNexis Risk Solutions offers a comprehensive risk management platform that offers insights to companies in financial services, insurance, government and health care. The platform is used for financial crime compliance, credit risk assessment and fraud and identity management, using advanced analytics and a large data set to improve risk assessment and compliance efficiency.
Another major competitor is Intapp, an AI-powered software designed to help accounting, consulting, investment banking, law and real assets professionals. It offers tools like DealCloud for relationship and pipeline management, Compliance for onboarding and monitoring clients, Collaboration for modern work styles and Time for automating time recording. It also offers AI abilities for conversational queries, document creation and risk assessment, all designed to help professionals work more efficiently and grow their businesses faster.
For lawyers, vLex is a powerful legal research platform that uses AI to help lawyers work more efficiently. It has the world's largest legal and regulatory database and offers features like document summarization, key fact extraction and comparative legal analysis. The platform is highly customizable and offers collaboration tools, making it a good option for those looking to improve efficiency and better serve their clients.
Last, ComplyAdvantage offers an AI-powered fraud and Anti-Money Laundering (AML) risk detection platform. It automates manual processes to cut down on false positives and optimize compliance workload. The platform detects fraud and suspicious transactions in real-time and offers a variety of pricing options, helping businesses cut onboarding cycle times and improve screening efficiency.