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What is Lexi?

Streamlining your data across the entire supply chain is essential for effective management. During the data processing stage, we standardize all information from different file types, naming conventions, and columns, resulting in a cohesive dataset. Each data collection point often presents information in varying formats, languages, and structures. Lexi effectively consolidates all data into a consistent format and ensures synchronization across every collection point. Once the data is harmonized and cleansed, it can be effortlessly aggregated, providing a unified view that enables all stakeholders to work with the same information. Lexi’s Cloud Platform is equally proficient in managing both new products from R&D and established ones, ensuring versatility in data handling. Additionally, our data analytics can provide accurate should-cost estimates within +/- 5% for new products, even when they are still in the early conceptual stages, showcasing our dedication to precision and efficiency in data management. This capability not only improves decision-making processes but also promotes enhanced collaboration among diverse teams, ultimately leading to more successful project outcomes.

What is LexID?

LexisNexis utilizes a proprietary linking technology paired with its unique identifier, LexID®, to accurately resolve, match, and manage data pertaining to over 276 million consumer identities across the United States. This innovative linking and clustering method forms the backbone of various LexisNexis products designed for authentication, verification, and identity management. When a new record is obtained, LexisNexis assigns it a distinct LexID® that remains unlinked to personally identifiable information, such as social security numbers, ensuring privacy. Records that contain shared data elements are connected through LexisNexis® patented Scalable Automated Linking Technology, which facilitates the assignment of a consistent LexID. The identity profiles are continuously updated to reflect new records, maintaining the currency of the information. This ongoing refinement process results in an exceptionally accurate depiction that captures the evolution of identities over time, thereby significantly improving data reliability. Additionally, this meticulous approach allows LexisNexis to adapt to the dynamic nature of consumer identities, ensuring their products remain effective and trustworthy.

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Integrations Supported

Integrations Supported

KAPS
LexisNexis InstantID
LexisNexis SmartLinx Person Report
Mortgage Industry Data Exchange (MIDEX)

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Lexi Solution

Company Location

Sweden

Company Website

www.lexisolution.com/solutions/

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/our-technology/lexid

Categories and Features

Sourcing

Spend Management

Categories and Features

Identity Verification

Not specified

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