LexisNexis Risk Management, a provider of legal, news, business information, and risk management services, and Intelligent Results, a provider of customer analytics software for financial services companies, have announced an alliance to create a hosted solution for the collections industry. The hosted solution will combine data amassed by LexisNexis and Intelligent Results strategy software. The LexisNexis data includes information on individuals, businesses, assets, and more.
LexisNexis Risk Management is licensing key components of Intelligent Results' Predigy platform to provide a decision management solution for the collections industry--from real-time what-if analysis, strategy development, and predictive modeling through execution, deployment, and reporting. The hosted solution will also enable small to mid-size agencies to have the same capabilities. The hosted solution is scheduled for release before the end of the year, with a jointly developed collection score scheduled for release during the third quarter.