Strategic alliance to deliver practitioner-centred expertise
to LexisNexis Risk Solutions clients while providing Temple Grange
Partners with cutting-edge analytics capabilities
LONDON and ATLANTA, May 30,
2018 /PRNewswire/ -- Temple Grange Partners, an
innovative risk, regulatory and compliance consultancy firm is
delighted to announce that it has entered into an alliance with
LexisNexis® Risk Solutions, the leading global provider of business
information and risk analytics.
Temple Grange Partners will support and complement LexisNexis®
Risk Solutions information and analytics capabilities for global
financial services clients, together providing comprehensive
compliance solutions for information and analytics content,
consultancy advisory, programme implementation and on-going
support. Temple Grange Partners and LexisNexis Risk Solutions will
work closely together to share expertise and resources, which will
enhance the solutions being offered to financial services clients
by both firms.
The compliance function today is critical for many reasons. It
has become a central repository of customer information in heavily
siloed organizations and because of this reality, the opportunities
for this function to become a growth driver is high. This current
environment makes the Temple Grange and LexisNexis Risk Solutions
alliance that much more important to the marketplace.
Thomas C. Brown, Senior Vice
President, U.S. Commercial Markets and Global Market Development,
LexisNexis Risk Solutions, said:
"According to the European edition of our True Cost of AML
Compliance study, most organizations believe that streamlining or
improving the efficiency of the KYC/customer due diligence
processes is a priority. This efficiency can provide other
departments a single view of a consumer and can positively
influence the customer onboarding process. Efficiency is critical
to compliance departments, which endure heavy operational
workloads.
"When a Chief Compliance Officer combines deep practitioner
expertise with risk data and technology capabilities, the
compliance function can achieve much-desired efficiencies. When
efficiencies are achieved, compliance analysts' and managers' job
satisfaction tend to increase significantly, reducing another
compliance leadership struggle − high-employee turnover.
Efficiencies that only technology, combined with expertise, can
yield enable the compliance function to evolve into a department
that helps their companies grow."
Eoin O'Shea, Chief Executive
Officer of Temple Grange Partners, said:
"This is an exciting milestone for Temple Grange Partners.
While compliance as a discipline relies on seasoned and
practitioner-based advice, technology and analytics has an
important role to play in enhancing this. Temple Grange Partners
shares LexisNexis Risk Solutions commitment to delivering insight
and excellent service to clients, which we are confident will be
strengthened by this alliance, as both Temple Grange Partners and
LexisNexis Risk Solutions continue to develop the products and
offerings that clients need in a world replete with
uncertainty."
Contacts
Maitland
+44 020 7379 5151
Jais Mehaji
tgp-maitland@maitland.co.uk
LexisNexis Risk Solutions
Jean Creech Avent
Director, Public Relations
Jean.creech@lexisnexisrisk.com
+1-770-862-7978
About Temple Grange Partners
Founded in 2017 by
Eoin O'Shea, former Global Chief
Central Compliance Officer at Credit Suisse, and other senior
industry practitioners, Temple Grange Partners is a
practitioner-centred global compliance, risk and regulatory
consultancy firm with offices in London, New
York, and Hong Kong.
For further information, please visit:
http://www.templegrangepartners.com/
About LexisNexis® Risk Solutions
LexisNexis
Risk Solutions harnesses the power of data and advanced analytics
to provide insights that help businesses and governmental entities
reduce risk and improve decisions to benefit people around the
globe. We provide data and technology solutions for a wide range of
industries including insurance, financial services, healthcare and
government. Headquartered in metro Atlanta, Georgia, we have offices throughout
the world and are part of RELX Group (LSE: REL/NYSE: RELX), a
global provider of information and analytics for professional and
business customers across industries. RELX is a FTSE 100 company
and is based in London. For more
information, please visit
www.risk.lexisnexis.com and www.relx.com.
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SOURCE LexisNexis Risk Solutions