LexisNexis Regulatory Compliance

LexisNexis has been recognised as an ABA100® Winner for Product Excellence in The Australian Business Awards 2017 for the research and development of LexisNexis Regulatory Compliance. The Australian Business Award for Product Excellence [PXA] recognises products and services of exceptional quality offering a point of difference from their competitors.

LexisNexis provides world-class content and leading-edge technology to those who advance commerce, society and justice. Every day, more than five million legal, risk management, corporate, government, law enforcement, tax, accounting and academic professionals in over 100 countries on six continents rely on LexisNexis to inform their decisions.

LexisNexis® Regulatory Compliance is Australia’s most comprehensive legal obligations register and alerting solution. Its core purpose is to empower businesses to take control of their regulatory risk by providing actionable content and practical guidance across all Australian jurisdictions.

Regardless of size, all businesses need to meet their compliance requirements. LexisNexis understands that different organisations operate under different budgetary conditions and have created a solution that can be tailored to meet the needs of our customers. That is why LexisNexis® Regulatory Compliance is available in two formats: enterprise solution & online solution.

The enterprise solution is tailored towards larger businesses that require a full scale, integrated content and software driven legal obligations register. Typically, these organisations manage regulatory compliance as part of an overall Governance, Risk & Compliance (GRC) Program that includes a dedicated compliance team. The online solution is tailored towards smaller businesses. These organisations tend to rely on their industry body to provide them with the latest regulatory changes

It is platform neutral enabling organisations who may prefer to use their existing ERM system to manage their Risk and Compliance programs. LexisNexis can input content directly into an organisation’s existing ERM system via an API. This offers clients flexibility and ensures that the onboarding process does not become a large scale IT project. In the case that businesses require an end-to-end integrated solution of content and software, LexisNexis can work alongside a panel of selected software partners offering a complete package of content and software.

To ensure that LexisNexis® Regulatory Compliance content is customer ready, our rigorous process ensures that content is current, comprehensive and concise. All content is reviewed by the legal and industry experts to ensure that the guidance provided is legally accurate, complete and is applicable in practice.

Organisations are struggling to keep up with the amount of regulatory change occurring in Australia. Not all companies have dedicated compliance managers to manage compliance. LexisNexis also recognises that operational managers and business owners are responsible for ensuring compliance and have created a solution where current and comprehensive legal and compliance content is readily understandable by all parts of the business.

For further information on LexisNexis® Regulatory Compliance go to lexisnexis.com.au