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Nexis Diligence from Nexis Solutions
Offers comprehensive background checks, risk assessments, adverse media checks, and enhanced due diligence reporting while integrating with existing workflows.
Product analysis by function
Background Verification Systems for Due Diligence
Tools for verifying founder credentials, reference checks, legal compliance, and other background elements crucial to investment decisions.
More Background Verification Systems
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Identity Verification
(11 Yes /11 Known /15 Possible features)
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KYC Module Know Your Customer module to verify government-issued identification of individuals. |
Nexis Diligence advertises KYC and customer screening modules in its product documentation. | |
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Document Upload Capability Allows founders to upload relevant identification and corporate documents securely. |
Secure upload of corporate and personal documents is included for evidence and reporting. | |
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Biometric Verification Supports facial recognition or fingerprint authentication for enhanced identity validation. |
No information available | |
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PEP/Sanctions Screening Checks whether individuals appear on politically exposed persons (PEP) or sanctions lists. |
Highlights PEP/sanctions screening as part of its compliance offering. | |
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Government Database Integration System can directly access government or public records databases for verification. |
Integrates with official and public government databases for business/ID checks. | |
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Identity Verification Speed Average amount of time required to verify an individual's identity. |
No information available | |
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False Positive Rate The frequency at which the system incorrectly flags individuals as suspicious. |
No information available | |
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Multi-jurisdiction Support Ability to verify identities in multiple countries/regions. |
Supports searches in more than 200 jurisdictions according to product materials. | |
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Audit Trail Logging Maintains tamper-proof logs for all identity verification actions. |
Nexis Diligence maintains an audit trail for compliance and regulatory purposes. | |
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Real-time Verification Offers instant feedback on the verification process. |
No information available | |
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Automated Alerts System notifies stakeholders if identity concerns are detected. |
Automated alerts and notifications are featured in case of escalations. | |
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Mobile Verification Support Allows identity verification via mobile devices. |
Offers mobile device compatibility for verification workflows. | |
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Bulk Verification Can process verifications for multiple individuals simultaneously. |
Bulk verification for multiple entities is enabled for enterprise users. | |
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User-Friendly Interface Ensures ease of use for both investors and founders during upload and verification. |
Focus on user-centric workflows and intuitive dashboard is promoted in product literature. | |
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Historical Verification Stores and retrieves previous verification details for reference. |
Keeps history of all checks, allowing historical verification and auditability. |
Reference Checks
(5 Yes /5 Known /15 Possible features)
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Automated Reference Outreach System can automatically contact referees and gather feedback via templates. |
No information available | |
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Reference Questionnaire Customization Ability to design custom questions and surveys for referees. |
No information available | |
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Referee Authentication Verifies the authenticity of individuals providing references. |
No information available | |
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Reference Response Tracking Tracks the status and completion of reference requests. |
No information available | |
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Sentiment Analysis Uses NLP techniques to analyze reference feedback for positive or negative sentiment. |
No information available | |
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Time to Complete Reference Check Average time from initiating to completing a reference check. |
No information available | |
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Reference Feedback Reports Generates summary reports and analytics from collected references. |
No information available | |
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Anonymized Reference Handling Can anonymize referee identities for privacy. |
No information available | |
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Multiple Language Support Supports collecting references in different languages. |
States multiple language options are available across its international search and reporting. | |
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Multiple Reference Channels Gathers references via email, phone, SMS, or web forms. |
No information available | |
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Reference Data Export Download reference data for offline analysis (CSV, PDF, XLS). |
Exports reference and compliance data to PDF, CSV, and Excel for analysis. | |
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Confidentiality Assurance Guarantees the privacy and confidentiality of referees’ feedback. |
Vendor emphasizes data privacy and confidentiality controls. | |
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Integration with CRM/Deal Management Links reference check processes to existing CRM or deal flow systems. |
Lists integrations with popular deal flow and CRM platforms. | |
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Template Library Access to pre-built reference check templates for different roles/scenarios. |
No information available | |
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Reference History Storage Keeps a historical log of all reference checks per individual/company. |
Archive and retrieve all previous reference and diligence checks. |
Legal Compliance Screening
(13 Yes /13 Known /15 Possible features)
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AML Screening Automated checks for anti-money laundering compliance. |
AML checks are core features of Nexis Diligence's screening service. | |
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OFAC List Checking Searches for individuals and entities on the US Treasury's Office of Foreign Assets Control lists. |
OFAC and global sanctions list screening are provided out-of-the-box. | |
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GDPR/Privacy Compliance Checks Assesses compliance with privacy regulations (GDPR, CCPA, etc.). |
Compliance with privacy/GDPR is directly mentioned and covered by controls and workflow. | |
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Employment Eligibility Verification Verifies the legal right to work in a given country. |
Employment eligibility is checked during onboarding and due diligence. | |
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Licenses and Permits Validation Checks validity of business or professional licenses. |
Documentation mentions validation of business and professional licenses. | |
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Litigation & Legal Proceedings Screening Searches for ongoing or past lawsuits involving the company or individuals. |
Ongoing and past litigation records are checked as part of due diligence. | |
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Regulatory Database Integration Connects directly to national or regional regulatory authorities’ databases. |
Connects to official regulatory databases across multiple jurisdictions. | |
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Compliance Status Dashboard Visual dashboard summarizing legal and regulatory compliance checks. |
Compliance dashboard provides overview of all legal/regulatory status. | |
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PEP/Watchlist Refresh Frequency How often relevant lists and databases are updated for screenings. |
No information available | |
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Automated Compliance Alerts System generates alerts on compliance issues or expirations. |
Configured to send automated alerts on key compliance issues. | |
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Audit Logging of Compliance Actions Detailed logs of all compliance-related checks and their outcomes. |
Completes audit logging for all compliance activities. | |
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Legal Document Storage Centralized and secure storage/place for legal documents. |
Centralized, secure document repositories for legal docs is a feature. | |
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Dynamic Jurisdiction Configuration Easily adapt compliance checks for different legal jurisdictions. |
No information available | |
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Custom Rule Creation Allows users to define and automate custom compliance requirements. |
Custom compliance rule creation supported for enterprise workflows. | |
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Compliance Analysis Reports Creates comprehensive reports on legal and regulatory status. |
Comprehensive compliance and audit reporting tools available. |
Education and Employment History Verification
(8 Yes /8 Known /15 Possible features)
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Education Certification Checks Automated or manual verification of academic qualifications. |
No information available | |
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Accredited Institution Database Access Connects to official academic institution databases. |
No information available | |
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Degree Authentication Speed The average time to authenticate an educational credential. |
No information available | |
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Accreditation Verification Confirms institutional and programmatic accreditation. |
No information available | |
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Transcripts Upload/Validation Allows uploading and systematic checking of transcripts or certificates. |
Transcript upload and document validation is supported for diligence. | |
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Employment Record Verification Validates an individual's employment history with previous employers. |
Employment history verification and reference checks are key product features. | |
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Job Title & Duration Validation Checks that claimed job titles and employment durations are accurate. |
Job title and employment duration verification is part of standard workflow. | |
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Reference Contact Collection Stores and manages contact information for employment and education verification. |
No information available | |
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Degree/Title Fraud Detection Detects inconsistencies or fraud in declared academic and professional records. |
Fraud detection tools built into record and credential screening engines. | |
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Bulk Verification Capabilities Verifies multiple employment or education records in batch mode. |
Bulk verification capability mentioned in enterprise features. | |
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Geographical Coverage Number of countries/regions covered for background checks. |
No information available | |
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Integration with LinkedIn/Professional Networks Cross-checks credentials with profiles on professional networking sites. |
No information available | |
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Automated Reminders Sends reminders to candidates for missing/required information. |
Sends automatic reminders for missing or delayed documents/info. | |
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PDF/Formatted Output Produces verification reports in polished, shareable formats. |
Output to PDF and other formats for reporting/sharing is available. | |
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Falsification Alerting System flags potential false or suspicious education or job claims. |
Alerts and flags for potential falsification in education/employment. |
Criminal and Litigation Checks
(10 Yes /10 Known /15 Possible features)
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Criminal Record Search Conducts background checks for criminal convictions or records. |
Conducts criminal record checks through various databases. | |
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Civil Litigation Search Identifies involvement in past or current civil lawsuits. |
Searches for civil litigation mentioned in product workflow. | |
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Bankruptcy Search Checks for individual or company bankruptcy filings. |
Bankruptcy checks included in background investigation. | |
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Court Record Integration Direct access to official court/litigation record databases. |
No information available | |
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International Crime Database Access Searches global databases for cross-border criminal/litigation checks. |
International crime and regulatory checks with global coverage. | |
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Disqualification Checks Confirms if the individual is barred or disqualified from directorships or officer roles. |
Disqualification and director watchlists are part of legal checks. | |
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Watchlist Screening Comparison with global crime and regulatory watchlists. |
Screening against global watchlists is a feature. | |
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Litigation Monitoring Frequency Frequency of automated checks for new civil or criminal cases. |
No information available | |
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Incident Severity Scoring Assigns a risk score to the severity of any detected incidents. |
No information available | |
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Automated Stakeholder Alerts Notifies relevant parties if high-risk or criminal connections are found. |
Automated alerts to stakeholders for high-risk findings. | |
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Result Export & Reporting Exports litigation/criminal check results and summary reports. |
Full export and reporting of check results, including summaries. | |
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Custom Search Parameters Enables users to tailor search criteria for background checks. |
No information available | |
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Historical Coverage Range Time period covered by retrospective check. |
No information available | |
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Repeat Checks Automation Schedules regular or recurring checks for the same individuals/companies. |
Enables scheduling of recurring/repeat checks for ongoing diligence. | |
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Privacy Controls Ensures compliance with privacy and fair use of criminal/litigation data. |
Vendor emphasizes data privacy, fair use, and compliance controls. |
Corporate and Business Validation
(14 Yes /14 Known /15 Possible features)
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Business Registration Number/Status Check Verifies the official registration status of a company with government registries. |
Company registry status check available for corporate verification. | |
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Company Incorporation Document Retrieval Securely accesses or receives official incorporation documents. |
Access and retrieval of incorporation documents supported by platform. | |
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Certificate of Good Standing Validation Validates a company's standing with authorities. |
Standing validation with authorities is included (Good standing certificates). | |
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Director/Shareholder Register Verification Checks the current list of directors/shareholders against filings. |
Director/shareholder verification through registry and filings. | |
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Business Address Confirmation Verifies the legitimacy of registered business addresses. |
Business address and existence checks are performed. | |
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Tax Identification Number Verification Verifies the company’s tax compliance credentials. |
TIN and tax credentials are checked during business validation. | |
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Corporate Structure Mapping Creates diagrams or reports outlining company group structures. |
Corporate structure mapping is part of standard reporting features. | |
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Beneficial Ownership Disclosure Identifies ultimate beneficial owners. |
Beneficial ownership checks are advertised and supported. | |
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End-to-End Audit Trail Logs all corporate validation activities from request through verification. |
End-to-end tracking/audit log for every verification and request. | |
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Digital Company Dossier Creation Produces comprehensive digital files of company credentials. |
Generates digital company files/dossiers for each entity. | |
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Document Verification Speed Average time to verify a set of incorporation documents. |
No information available | |
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Multi-country Corporate Registry Access Can access official company registers in multiple countries. |
Accesses business registers in 200+ countries according to product info. | |
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Historical Director Checks Validates previous directors’ involvement. |
Validates past and current directors as part of corporate checks. | |
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Business Lifespan Validation Confirms company’s age and operating history. |
Business existence, longevity, and trading history are included. | |
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Corporate Document Storage Centralized and secure storage for validated corporate documents. |
Stores all submitted and validated corporate documents securely. |
Financial Background Evaluation
(13 Yes /13 Known /15 Possible features)
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Credit Score/Report Acquisition Retrieves official company or personal credit ratings and reports. |
Can retrieve credit score and full report through integrations. | |
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Bankruptcy and Insolvency Check Evaluates records of bankruptcies and insolvencies. |
Checks records for bankruptcy/insolvency directly. | |
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Tax Compliance Records Checks for outstanding tax liabilities or disputes. |
Tax compliance records are part of business, PEP, and entity screening. | |
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Financial Statement Collection Ensures secure submission and storage of financial documents. |
Includes modules for financial statement/evidence collection and storage. | |
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Profit/Loss History Analysis Analyzes multi-year profit and loss performance. |
Profit/loss trend analysis is embedded in financial reports. | |
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Debt/Obligation Screening Checks for undisclosed loans, liens, or other obligations. |
Checks for outstanding debt, liens, and other obligations. | |
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Fraud & Irregularities Detection Identifies patterns that may suggest fraudulent activity. |
Fraud and financial irregularity detection are core risk features. | |
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Liquidity Ratio Evaluation Calculates liquidity ratios to assess financial health. |
No information available | |
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Annual Revenue Validation Verifies declared revenue through third-party data or audits. |
Validate revenue data against audits and third-party sources. | |
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Adverse Media Monitoring Monitors news and public databases for negative financial coverage. |
Monitors public and news sources for adverse financial media. | |
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Financial Document Authentication Speed Average time to validate submitted financial documents. |
No information available | |
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Third-party Financial Data Integration Connects to external sources for independent verification. |
Connects to a wide range of third-party financial data providers. | |
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Automated Data Extraction Uses AI/ML tools to extract data from scanned pdfs and images. |
AI-driven extraction from scanned PDFs and documents highlighted in product. | |
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Internal/External Audit Integration Supports upload and analysis of audit certificates. |
Audit document integration and audits certificate upload supported. | |
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Financial Compliance Alerts Notifies on suspicious financial patterns or regulatory breaches. |
Alerts for suspicious financial operations and compliance breaches provided. |
Technology and Security Features
(13 Yes /13 Known /15 Possible features)
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Data Encryption at Rest & Transit Encrypts sensitive data during storage and while in transit. |
Encrypts data in transit and at rest per legal/compliance guidance. | |
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Role-based Access Control Restricts access to sensitive data based on user roles. |
Role-based access is standard to segregate sensitive data management. | |
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Multi-factor Authentication Strengthens user authentication with multiple credentials. |
Supports multifactor authentication for all accounts. | |
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Audit Logging & Activity Monitoring Comprehensive tracking of all user and system actions. |
Full audit and user activity tracking is explicitly supported. | |
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API Integrations Supports integration with third-party platforms, CRMs, and databases. |
API integrations supported for major third-party platforms. | |
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Secure Document Storage Centralized, encrypted, and compliant document repository. |
Centralized secure document management and archiving is available. | |
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Penetration Testing Frequency Regular third-party penetration and security testing intervals. |
No information available | |
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Disaster Recovery and Data Backups Ensures continuity and data availability in case of failures. |
Describes robust backup/disaster recovery as part of reliability. | |
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Uptime Guarantee Percentage of guaranteed platform availability. |
No information available | |
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ISO/SOC2 Certification Meets internationally recognized security standards. |
ISO27001/SOC2 certification is frequently claimed by LexisNexis/Nexis. | |
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Data Retention Policy Configuration Customizable settings for data storage and deletion. |
Data retention and deletion policies configurable at the admin level. | |
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Mobile Device Compatibility Works securely on a range of mobile devices. |
Mobile accessibility with security controls is highlighted. | |
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Single Sign-On (SSO) Supports enterprise authentication protocols. |
Single sign-on with SAML and enterprise IdPs is available. | |
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User Activity Analytics Tracks platform usage and security trends. |
User action and dashboard analytics are available. | |
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Privacy by Design System design follows privacy and minimal data principles. |
References privacy by design and minimal data handling. |
Usability and Workflow Management
(11 Yes /11 Known /15 Possible features)
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Customizable Workflows Allows teams to create and adjust due diligence steps. |
Workflow steps and checklist customization are highlighted in features. | |
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Collaboration Tools Enables real-time collaboration, notes, and discussions between users. |
Enables collaborative investigation and note-taking between users. | |
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Role Assignment and Permissions Assigns and restricts user roles per project or deal. |
User and project-based permissions structure described. | |
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Automated Task Assignment Distributes verification tasks among team members automatically. |
No information available | |
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Due Diligence Progress Tracking Gives visual indicators of current status for each due diligence element. |
Status and progress indicators for workflow tasks are provided. | |
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Template Management Store and reuse due diligence checklist and report templates. |
Templates for diligence processes and reports can be stored and reused. | |
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Notification and Reminder System Automated alerts and reminders for pending or overdue tasks. |
Automated notification and reminder systems are included. | |
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Bulk Data and Document Management Facilitates upload, tagging, and organization of large volumes of documents. |
Bulk document upload and management for due diligence is supported. | |
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Task Completion Metrics Tracks number of completed verifications per team member. |
No information available | |
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User Dashboard Customization Allows users to personalize dashboards for their workflow needs. |
No information available | |
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PDF/Printable Reports Generates printable overview reports of all due diligence activities. |
Generates detailed PDF and printable reports for all due diligence activity. | |
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Advanced Search and Filtering Quickly finds deals, companies, or individuals based on custom parameters. |
Advanced search/filter for companies, individuals, or cases supported. | |
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Calendar and Scheduling Integration Connects to external calendars for task awareness and scheduling. |
Calendar integration for task and review scheduling available. | |
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Access from Multiple Devices Ensures platform can be used seamlessly on different hardware. |
Usable on multiple device types per documentation. | |
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Instant Messaging within Platform Supports direct communication among users without leaving the platform. |
No information available |
Integration and Extensibility
(9 Yes /9 Known /15 Possible features)
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API Availability Offers public or private APIs for programmatic data access and automation. |
Public/private API for programmatic data access is supported. | |
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CRM Integration Connects seamlessly with major CRM platforms (e.g., Salesforce, Hubspot). |
Integrates with Salesforce, HubSpot, and other major CRMs. | |
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Third-party Data Source Integration Easily connects to background check providers, news, or compliance feeds. |
Third-party data integrations for compliance feeds and KYC checks. | |
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Webhook Support Allows real-time notifications and data exchanges via webhooks. |
Webhook/event notification support for real-time updates offered. | |
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Single Sign-On Integration Supports out-of-the-box integration with enterprise identity solutions. |
SSO integration available for enterprise solutions. | |
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Custom Data Field Creation Allows businesses to define and store data unique to their workflows. |
Allows user-defined custom data fields for enhanced flexibility. | |
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Data Import/Export Engines Powerful data transfer capabilities between platforms. |
Supports data import/export for integration with other tools. | |
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Marketplace for Extensions/Plugins Repository of add-ons or extensions developed by third parties. |
No information available | |
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Integration Onboarding Assistance Support or documentation for connecting other systems. |
Onboarding assistance and integration documentation provided. | |
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No-code/Low-code Integration Tools Allows custom integrations without need for software development. |
No information available | |
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Data Sync Frequency Determines how regularly data is refreshed with connected systems. |
No information available | |
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Bulk Integration Capacity Maximum volume of integration transactions per unit time. |
No information available | |
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Integration Health Monitoring Tracks performance and failures in integrated systems. |
Integration health and monitoring features are included for enterprise users. | |
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Custom Connector Support Ability to build connectors for non-standard systems. |
No information available | |
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Integration Audit Trail Logs every data transfer and system integration event. |
No information available |
Reporting and Analytics
(14 Yes /14 Known /15 Possible features)
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Real-Time Dashboards Visual dashboards with live metrics and status updates. |
Live dashboards with risk/compliance status indicators included. | |
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Custom Report Builder Enables user-designed reports based on any available data. |
Custom reports and analytical dashboards are supported. | |
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Scheduled Report Generation Ability to schedule automated reporting at regular intervals. |
Automated report scheduling and periodic report generation available. | |
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Data Export in Multiple Formats Exports reports in PDF, XLS, DOC, CSV, etc. |
Reporting export to PDF, XLS, CSV, and DOC is available. | |
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Key Risk Indicator Tracking Highlights key risk trends by company, founder, or deal. |
Tracks and highlights key risk factors across companies and deals. | |
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Customizable Analytical Dashboards Visualizes data with custom charts, KPIs, and widgets. |
Analytical dashboards are customizable with widgets/KPIs. | |
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Audit-Ready Compliance Reporting Supports generating reports for regulatory/audit needs. |
Supports audit and regulatory readiness with compliance reporting. | |
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Benchmarking Tools Compares key background, legal, or reference metrics to industry or historical benchmarks. |
Benchmarking against industry provided in analytics features. | |
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Drill-down/Filterable Insights Interactive exploration of data by category, time period, or individual. |
Data exploration and drill-down capabilities provided. | |
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Automated Insights & Anomaly Detection Highlights significant changes or inconsistencies automatically. |
Automatically detects anomalies and delivers insights via alerts. | |
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Analytics API Provides data access for external analytical tools. |
No information available | |
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Data Visualization Library Built-in charts, graphs, and advanced visualizations. |
Built-in data visualization tools with charting/graphing supported. | |
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Stakeholder Sharing Tools Enables sharing specific insights/reports securely with external parties. |
Allows secure, permissioned sharing of reports and results. | |
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Customizable Alerts/Thresholds Configurable alerts for when data crosses certain user-defined parameters. |
Configurable risk and compliance alerting/thresholds available. | |
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Longitudinal Trend Analysis Tracks changes over time across multiple due diligence cycles. |
Tracks and visualizes longitudinal trend analyses in entity/diligence data. |
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