Case Study:

A Top 10 U.S. Commercial Bank Relies on LexisNexis® Bridger Insight™ XG
for New Account Validation and USA PATRIOT Act Compliance
Overview
A Top 10 U.S. commercial bank based on asset size.

The Challenge

During testing, thebank found that Bridger
Insight XG was able toprocess data files in lessthan an hour that took
other systems up to twodays to process.

To avoid financial and reputational risk for non-compliance and alleviate riskof fraud, this Top 10 financial institution wanted a new solution to improveits current account validation process. With a rapidly growing network ofbranch and non-branch offices, the organization needed to speed up thevalidation process with a more flexible, integrated online system. It wanted asingle vendor that could provide a highly scalable and stable turnkey software
solution that incorporated the most current third-party information sources
available. Most importantly, the new solution had to enable the organization
to address all compliance issues and provide supporting documentation.

The Solution
This bank found everything it required—and more—in LexisNexis® Bridger
Insight™ XG. This solution has dramatically shortened the time it takes tocomplete account validation, evaluating thousands of names per second anddocumenting the entire process to help meet OFAC and USA PATRIOT Act
requirements. During testing, the bank found that Bridger Insight XG was able toprocess data files in less than an hour that other systems took up to two days
to process. In addition to performing identity verification for new accounts,
Bridger Insight XG checks individual names, batch files and wire transfers
against watch lists, and allows the bank to build its own custom watch lists.
The solution is easy to configure and scale for multiple predefined searches
and accept lists which reduce subsequent false positives. The organization
effortlessly runs its entire account holder database nightly against all internaland external lists.

The Results
The financial institution benefited from:• Facilitating OFAC and USA PATRIOT Act compliance and maintaining therequired five-year customer information history• Optimizing the account validation process, often evaluating thousandsof names in a fraction of the time of other systems• Accommodating the ongoing growth of the organizationRisk Solutions
Financial Services

LexisNexis: The single source for risk mitigation andfraud prevention
LexisNexis is a preferred vendor of the financial services industry forsuccessfully helping organizations reduce fraud, mitigate risk and maintaincompliance. More than 4,000 banks and financial institutions rely on
LexisNexis for risk management and compliance.
To prosper in a rapidly changing business world, you need timely access tocritical information. LexisNexis provides solutions to help you make decisions
that mitigate financial risk, enhance business relationships and help improveoverall profitability. Whether the answer lies in public filings, proprietarydatabases or analytical engines, we have the technology, tools and services todeliver information solutions quickly, cost-effectively and, most importantly,
the way you want them.

Bridger Insight XG
dramatically shortened
the time it takes tocomplete accountvalidation, evaluating
thousands of names per
second and documenting
the entire process tohelp meet OFAC

For more information:and USA PATRIOT

Call 866.858.7246 or visit
lexisnexis.com/risk/financial-services

Act requirements.

About LexisNexis Risk Solutions
LexisNexis Risk Solutions (www.lexisnexis.com/risk) is a leader in providing essential information that helps
customers across all industries and government predict, assess and manage risk. Combining cutting-edge
technology, unique data and advanced scoring analytics, we provide products and services that address evolving
client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk
Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in morethan 100 countries with more than 30,000 employees worldwide.
Our financial services solutions assist organizations with preventing financial crime, achieving regulatorycompliance, mitigating business risk, improving operational efficiencies and enhancing profitability.

The Bridger Insight XG services are not provided by “consumer reporting agencies,” as that term is defined in the Fair Credit Reporting Act (15 U.S.C. § 1681, et seq.) (“FCRA”)
and do not constitute “consumer reports,” as that term is defined in the FCRA. Accordingly, the Bridger Insight XG service may not be used in whole or in part as a factor in
determining eligibility for credit, insurance, employment or another purpose in connection with which a consumer report may be used under the FCRA. Due to the nature of
the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported
or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the publicrecords and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should
be independently verified. LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Bridger Insight XG isa trademark of LexisNexis Risk Solutions Inc. Other products and services may be trademarks or registered trademarks of their respective companies. Copyright © 2011
LexisNexis. All rights reserved. NXR1327-1 1211