Nonlawyer ownership of law firms has finally hit the US and could offer huge long-term opportunities for the legal solutions providers that correctly position themselves now.
CFA Institute, the world’s largest organization for certifying financial services professionals, will offer the first certification for ESG investing. The move will elevate the priority of ESG investment among firms and create greater demand for ESG data and products.
Verisk Analytics has launched its own payment platform to streamline customer workflow. The move lets it capture transactional data that will allow it to leapfrog its peers in corporate financial health assessment.
Fitch Group recently bought CreditSights, and Moody’s has now scooped up Cortera. Financial information giants continue to invest in trade credit data to enhance visibility into business health.
In a move that represents a test for other governments, Australia is the first country to introduce legislation forcing large search and social platforms to pay publishers for news content on their platforms. It’s a major step but not a magic bullet that will solve all publishers’ revenue problems.
RELX Group is merging its two third-party screening businesses, Accuity and LexisNexis Risk Solutions. The resulting entity sets a new standard for screening providers — it’s no longer just about database matching but also transaction monitoring.
The European Commission has determined that UK data-sharing rules provide adequate privacy protection, enabling businesses to continue the transfer of personal data between the UK and the EU and EEA. However, long-term uncertainty remains because the data flow tap can be turned off in an instant.
Verisk Financial’s collaboration with Enigma Technologies demonstrates that business transactional data can be extrapolated to reveal companies’ financial health.
LexisNexis is collaborating with WorkFusion to let AI identify adverse news on people and companies. The use of AI in third-party screening has expanded beyond client and partner onboarding to corporate ethics and reputation risk management.
Automating professional services is a huge growth opportunity that professional information and software providers are perfectly positioned to serve, but only if they unburden themselves from their narrow definitions of who their customers are.
Fitch Group recently bought CreditSights to bolster its credit rating business. Traditional means of rating bonds are evolving to account for a more dynamic marketplace by adding components that provide a real-time pulse on businesses.
The combined company will serve around two-thirds of all US attorneys, providing the necessary scale to grow the business and undercut the big four legal research providers.
Willis Towers Watson partners with Polecat Intelligence to account for ESG practices in corporate reputation risk assessments. With ESG data existing largely in an unstructured format, the insurance sector is helping to drive forward unstructured data analytics for the ESG solution market.
The Brexit negotiations saga has finally concluded as the UK and the EU completed a last-minute agreement on Christmas Eve. We take a comprehensive look at the implications for the data, information, and analytics industry in various key areas.