LexisNexis Risk Solutions and Accuity are merging operations in a move company leaders said will help government clients in their efforts to fight fraud and reduce waste.
Accuity will become part of the LexisNexis Risk Solutions group of companies and is an “excellent strategic fit,” said Rick Trainor, CEO of LexisNexis Risk Solutions business services.
“Both companies share a common vision — enabling financial transparency and inclusion around the world using innovative technology and comprehensive data to help our customers control risk, enhance and empower compliance, and optimize business processes,” Trainor said.
The Accuity capabilities for payments and compliance professionals will complement the company’s existing solutions for financial crime compliance, fraud and identity management, and other areas, he said.
Haywood Talcove, CEO of the government group of LexisNexis Risk Solutions, said the combined entities can provide even better capabilities for federal and state government customers.
“Our combined solutions will further improve efforts to effectively fight fraud, waste and abuse across a vast array of programs like Medicaid, unemployment insurance, Temporary Assistance for Needy Families, Supplemental Nutrition Assistance Program and other food and housing programs,” Talcove said.