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LexisNexis Risk Solutions
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==History== A subsidiary of [[RELX ]](formerly Reed Elsevier), LexisNexis Risk Solutions first began as the Risk & Information Analytics Group (RIAG) within [[LexisNexis]], a corporation offering legal database services. In 2000, Reed Elsevier acquired RiskWise and PeopleWise, which together became the basis of RIAG.<ref>{{cite news|url=https://www.nytimes.com/2000/06/03/business/company-news-nexis-agrees-to-purchase-of-riskwise-international.html|title=Reed Elsevier Acquire RiskWise|newspaper=The New York Times|date=3 June 2000|access-date=17 April 2019|last1=Jones|first1=Dow}}</ref> The creation of RIAG expanded LexisNexis offerings to include public records collections. In 2000, LexisNexis also launched [[HPCC]] Systems, its data-intensive computing system platform. In 1994, Reed Business Information (later Reed Elsevier and now RELX),acquired ICIS-LOR thereby adding extensive price reporting on chemicals and oil to the Reed Business Information chemicals portfolio.<ref>{{cite web | url=https://icis.shorthandstories.com/icis-heritage-timeline/index.html | title=History of ICIS }}</ref> LexisNexis Risk Solutions moved into Collections after Reed Elsevier acquired the public records businesses of Dolan Media Company in 2003.<ref>{{cite news|url=https://www.michigansthumb.com/news/article/LexisNexis-to-Buy-Dolan-Media-Records-7357572.php|title=LexisNexis to Buy Dolan Media Records|date=26 June 2003|newspaper=Huron Daily Tribune|access-date=17 April 2019}}</ref> That same year, the LexisNexis Special Services Inc. (LNSSI) was founded to provide government agencies with global sources of data fusion technology and analytics. LNSSI also granted Reed Elsevier the ability to participate in classified U.S. government programs as a foreign-owned entity. In 2004, Reed Elsevier purchased Seisint Inc., based in [[Boca Raton, Florida]].<ref>{{cite web|url=https://www.spectrumequity.com/news/reed-elseviers-lexisnexis-acquires-seisint-for-775-million|title=Reed Elsevier's LexisNexis Acquires Seisint for $775 Million|publisher=Spectrum Equity|access-date=17 April 2019}}</ref> Seisint housed and operated the [[Multistate Anti-Terrorism Information Exchange]] (MATRIX).<ref>{{Cite web |date=2004-05-20 |title=Privacy Backers Eye Matrix's Power - CBS News |url=https://www.cbsnews.com/news/privacy-backers-eye-matrixs-power/ |access-date=2024-07-01 |website=www.cbsnews.com |language=en-US}}</ref> In September 2008, Reed Elsevier purchased [[data aggregator]] ChoicePoint.<ref>{{Cite news |date=2008-02-21 |title=Reed Elsevier to acquire ChoicePoint for $3.6 billion (Published 2008) |work=The New York Times |url=https://www.nytimes.com/2008/02/21/technology/21iht-reed.4.10279549.html |access-date=2024-03-04 |language=en}}</ref> This acquisition included an insurance business and the C.L.U.E. database, an underwriting database for the [[Vehicle insurance in the United States|U.S. auto insurance]] market. LexisNexis completed the migration of public records to [[HPCC Systems]] the same year. Reed assumed $600 million in debt with the acquisition.<ref>{{Cite web |author=Toby Anderson|agency=Associated Press |title=Reed Elsevier buys ChoicePoint for $4.1 billion in cash |url=https://www.metrowestdailynews.com/story/business/2008/02/21/reed-elsevier-buys-choicepoint-for/41339317007/ |access-date=2024-03-04 |website=MetroWest Daily News |language=en-US}}</ref> ===Launch=== In September 2009, ChoicePoint was integrated with the Risk & Information Analytics Group (RIAG), and the combined new entity became LexisNexis Risk Solutions. In 2011, LexisNexis Risk Solutions was officially launched as a separate company within the Reed Elsevier portfolio. Mark Kelsey was named CEO of LexisNexis Risk Solutions in December 2012.<ref>{{cite web|url=https://www.daytondailynews.com/business/lexisnexis-risk-solutions-names-new-ceo/gM7h3yvxin6aIsnjS7daWL/|title=LexisNexis Risk Solutions names new CEO|publisher=Dayton Daily News|access-date=17 April 2019}}</ref> Over the next two years the company purchased 12 companies, including WorldCompliance, Enclarity, Mapflow, Tracesmart, Wunelli and Health Market Science. ===Divestiture=== In January 2013, LexisNexis Risk Solutions announced it would sell its background screening business to the Palo Alto-based private equity firm Symphony Technology Group (STG). STG planned to combine LexisNexis screening with its portfolio company, First Advantage.<ref>{{cite web|url=http://www.stgpartners.com/2013/01/17/symphony-technology-group-to-acquire-the-lexisnexis-screening-business-from-reed-elsevier/|title=Symphony Technology Group to Acquire the LexisNexis Screening Business from Reed Elsevier|date=17 January 2013|publisher=STG|access-date=17 April 2019}}</ref> ===Coplogic (2014)=== In December 2014, LexisNexis Risk Solutions acquired Coplogic, a provider of citizen self-reporting software solutions to law enforcement agencies. The acquisition – which includes Coplogic’s technology, staff and book of business – adds a citizen incident reporting capability to the LexisNexis eCrash solution.<ref>{{cite web |last=Haas| first=Regina |date=4 December 2014 |title=LexisNexis Acquires Coplogic, Adds Citizen Incident Reporting Capability to eCrash Solution |url=https://risk.lexisnexis.com/about-us/press-room/press-release/08-12-2014-acquires-coplogic |access-date=9 June 2023}}</ref> ===Insurance Initiatives Ltd. (2016)=== In July 2016, LexisNexis Risk Solutions acquired Insurance Initiatives Ltd. (IIL), a data distribution platform that extracts, hosts and processes large quantities of data to deliver information into the point-of-quote in the U.K.'s Property and Casualty Insurance industry.<ref>{{cite web|url=https://www.finextra.com/pressarticle/65378/lexisnexis-risk-solutions-acquires-insurance-initiatives|title=LexisNexis Risk Solutions acquires Insurance Initiatives|date=20 July 2016|publisher=FinExtra|access-date=17 April 2019}}</ref> ===Appriss (2016)=== In August 2016, LexisNexis Risk Solutions acquired the Crash and Project business group Appriss, a public safety business that provides technology solutions for the efficient collection of crash reports and electronic citations. LexisNexis will utilize the acquired technology within its LexisNexis Coplogic Solutions portfolio, a comprehensive electronic crash and incident reporting suite, to enhance its capabilities to provide a more complete solution to the law enforcement community.<ref>{{cite web |last=Shabbir |first=Syed |date=8 August 2016 |title=LexisNexis Risk Solutions Completes Acquisition of Crash and Project business group of Appriss |url=https://risk.lexisnexis.com/about-us/press-room/press-release/08-10-2016-acquisition-of-crash |access-date=9 June 2023 |publisher=FinExtra}}</ref> ===ThreatMetrix (2018)=== RELX purchased ThreatMetrix, a digital identity and risk-based authenticator platform, in February 2018.<ref>{{cite web|url=https://techcrunch.com/2018/01/29/relx-threatmetrix-risk-authentication-lexisnexis|title=RELX Acquires ThreatMetrix|date=29 January 2018 |publisher=TechCrunch|access-date=17 April 2019}}</ref> ===Lumen (2019)=== In May 2019, LexisNexis Risk Solutions purchased Lumen, an integrated data platform leveraged by public safety and law enforcement from Numerica Corporation.<ref>{{cite press release| url = https://www.prnewswire.com/news-releases/lexisnexis-risk-solutions-announces-threatmetrix-acquisition-close-300602421.html| title = LexisNexis Risk Solutions Announces ThreatMetrix Acquisition Close}}</ref> ===ID Analytics (2020)=== In January 2020, LexisNexis Risk Solutions closed its acquisition of ID Analytics, a provider of fraud and credit risk solutions.<ref>{{Cite web |last=Kobialka |first=Dan |date=2020-01-13 |title=LexisNexis Acquires NortonLifeLock's ID Analytics Business - |url=https://www.msspalert.com/news/lexisnexis-acquires-nortonlifelock-id-analytics |access-date=2024-06-24 |website=MSSP Alert |language=en}}</ref> Previously ID Analytics was a NortonLifeLock company.<ref>{{Cite web|url=https://risk.lexisnexis.com/about-us/press-room/press-release/20200131-id-analytics-close|title = LexisNexis Risk Solutions Announces ID Analytics Acquisition Close}}</ref><ref>{{Cite web |date=13 January 2020 |title=Relx snaps up ID Analytics for $375 million |url=https://www.reuters.com/article/business/relx-snaps-up-id-analytics-for-375-million-idUSKBN1ZC1EW/ |access-date=11 July 2024 |website=Reuters}}</ref> ===Emailage (2020)=== In February 2020, LexisNexis Risk Solutions, announced that it would acquire Emailage, an Arizona-based fraud prevention and identity verification start-up for $500 million.<ref>{{Cite news |last=Chernova |first=Yuliya |date=3 February 2020 |title=LexisNexis Parent to Pay About $500 Million for Arizona Startup Emailage |url=https://www.wsj.com/articles/lexisnexis-parent-to-pay-about-500-million-for-arizona-startup-emailage-11580779456 |access-date=24 June 2024 |work=[[The Wall Street Journal]]}}</ref><ref>{{Cite web|url=https://risk.lexisnexis.com/about-us/press-room/press-release/20200319-emailage-close|title = LexisNexis Risk Solutions Announces Emailage Acquisition Close}}</ref> ===ICIS (2020)=== In 2020, ICIS (Independent Commodity Intelligence Services) acquired Chemical Data LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis and [[predictive analytics]] that complement ICIS’ existing US market coverage.<ref>{{Cite web |title=History of ICIS |url=https://icis.shorthandstories.com/icis-heritage-timeline/ |access-date=2024-07-11 |website=icis.shorthandstories.com |language=en}}</ref> ===Brightmine (2024)=== In April 2024, it was announced that XpertHR was to be renamed, Brightmine.<ref>{{Cite web |last=Webber |first=Ashleigh |date=17 April 2024 |title=XpertHR becomes Brightmine in strategic rebrand |url=https://www.personneltoday.com/hr/xperthr-becomes-brightmine-in-strategic-rebrand/ |website=Personnel Today}}</ref><ref>{{Cite web |date=2024-04-17 |title=XpertHR Announces Strategic Change to Brightmine |url=https://finance.yahoo.com/news/xperthr-announces-strategic-change-brightmine-153000756.html |access-date=2024-07-11 |website=Yahoo Finance |language=en-US}}</ref>
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