LexisNexis® Regulatory Compliance Recognized With “Overall RegTech Solution of the Year” In 2024 LegalTech Breakthrough Awards Program

Prestigious Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Legal Industry

SYDNEY, November 20, 2024 – LexisNexis® Legal & Professional, a leading global provider of information and analytics, today announced it has garnered “Overall RegTech Solution of the Year” in the 5th annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products and services around the globe.

LexisNexis Regulatory Compliance products are designed with Risk, Governance, and Compliance professionals in mind. LexisNexis Regulatory risk and compliance management solution is a compliance register and alerting solution that helps compliance professionals achieve compliance across Financial Services and other highly regulated industries including legal firms, privacy, cybersecurity and more.

Built on the foundation of the LexisNexis information architecture and leveraged by a global team of compliance content subject matter experts as well as a network of legal and industry experts, the solution consists of compliance registers, alerts, and information-driven tools such as checklists, decision trees and policy templates. Through their expert network, LexisNexis reviews, interprets, translates and consolidates obligations that arise from compliance sources, including legislation, codes, standards, and more. The information is then delivered in written form utilizing clear, easy-to-understand language.

Customers can choose to access content via a variety of multi-format options. This includes having content imported into an existing enterprise GRC / ERM system via API, or the availability of an online portal where users can utilize the company’s secure web-based legal obligations register. Users can also access all LexisNexis content via Excel Registers. In addition, by leveraging AI, LexisNexis Regulatory Compliance can quickly and accurately create the basis of obligations for customers, while also ensuring the content remains accurate and jargon-free.

Recent enhancements to the LexisNexis Regulatory Compliance Portal include the ability for customers to access alerts, obligations, and tools in one platform; Expanded search functionality; Modules grouped by country and industry; Simple navigation between obligations, alerts, and tools; and the ability to export all data into Excel.

“The compliance landscape is often complex and fast-moving. By combining regulatory content with technology, our products are designed to make compliance uncomplicated so you can gain more confidence in your regulatory compliance efforts and take control of your compliance obligations,” said Benjamin Hills, VP of Regulatory Compliance Global. “We humbly accept the ‘Overall RegTechSolution of the Year’ award from LegalTech Breakthrough. This underscores our commitment to helping our customers realize simplicity from complexity, making it as easy as possible for them to become compliant, and stay compliant as the landscape changes.”
The mission of the annual LegalTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the legal technology industry today. This year’s program attracted thousands of nominations from over 12 different countries throughout the world.

“LexisNexis ensures their compliance information is clear, and makes sense in the context of business for all stakeholders. While compliance is deeply intertwined with law, most individuals in charge of it are not legal professionals. In addition, regulatory changes take place every six minutes, globally, adding pressure to organizations who need to understand these complex obligations,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “LexisNexis Regulatory Compliance helps enable businesses to adhere to regulatory and legislative standards by drawing on the knowledge of some of the foremost legal experts in each compliance area, and presenting their interpretations in clear, actionable language that makes sense.”

Since 2016, LexisNexis has supported over 260 clients on their path to compliance, developed over 3,000 core obligations and reviewed 14,314 Acts, Regulations, Rules, Standards, Codes and Principles.

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About LexisNexis® Regulatory Compliance
LexisNexis Regulatory Compliance helps you forge a clear path to compliance.

With LexisNexis content know-how at the core, our compliance registers, alerts, and information-driven solutions make compliance uncomplicated for GRC professionals across the globe.

About LexisNexis Legal & Professional
LexisNexis Legal & Professional provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,300 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

About LegalTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Case Management, Client Relations, Data and Analytics, Documentation, Legal Education, Practice Management, eDiscovery and more. For more information visit LegalTechBreakthrough.com