In 2021, McKinsey, in collaboration with the Federation of European Risk Management Associations (FERMA), conducted a survey on resilience behavior and organizational management. Noting a “striking difference between corporates and financial services organizations, the research revealed a much higher percentage of staff allocated to risk and compliance within financial services than corporate entities. The reason...
How well do you know your individual financial services competitors and the competitive landscape in which you operate? When it comes to putting together useful business intelligence, SWOT analysis is an important piece of the puzzle. SWOT Analysis is a common way for businesses in financial services to assess how they stand up to their competitors. By assessing each element of SWOT--strengths, weaknesses, opportunities...
The media landscape is always changing. New platforms and communications channels are seemingly introduced daily; trends develop at a moment’s notice and then are gone in a flash. What that means is that no communications strategy is ever perfect—it’s always a work in progress, a living and breathing thing. The impact of individual messages, tactics, and content should not just be tracked in real time...
As issues around sustainability, human rights and social responsibility continue to dominate headlines, corporations are facing increased pressure to prioritize Environmental, Social and Governance (ESG) in their business strategies. This has been true in the financial sector for years, and ESG initiatives have quickly gone from nice-to-have endeavors that earn goodwill from stockholders and potential investors to table...
In today's climate, saving money, fueling growth, and protecting against risk are imperative goals for financial service organizations. While there are a million and one ways to accomplish any of these, determining your strategy will come down to what's best for your company, clients, and community. This requires knowing your company, industry, and consumer inside and out, which means conducting business intelligence...
In the last month, some of the world’s biggest banks have faced votes from investors to improve their ESG investments and climate records. This is just the latest evidence that a growing proportion of shareholders, employees, and consumers want to invest in, work for, and buy from companies that can demonstrate a positive, ethical impact on the world. In this blog, we explain how Nexis® Solutions can help...
With new sources of content popping up every minute, finding reliable, relevant sources for your research projects can be a major challenge. It might seem that searching on the open web is a free and easy way to find the information you need, but it's often more trouble than it's worth. If you are using the open web, you can run into a whole host of research obstacles: paywalls, bad writing and reporting, unrelated...
The Wolfsberg Principles are widely regarded as authoritative guidance for how financial institutions should respond to the rising risks of bribery and corruption. New guidance has recently been released for the first time in six years. We unpack its main recommendations of risk factors which should prompt banks to carry out enhanced financial due diligence reports and explain how technology can help to improve and...
Performing due diligence on third-party entities is a crucial part of any risk management program. However, traditional manual approaches often fall short, proving inadequate for regularly screening large volumes of partners, vendors, customers and more. Choosing the right due diligence tool like Nexis Diligence+ can transform the process through automation and enhanced insights. But with many options on the market...
With the wealth of information available today developing at a breakneck speed, conducting quality research is more vital than ever. However, sifting through the sheer volume of content to find precisely what you need remains a challenge—not to mention the added obstacles of fact-checking and validating information. Investing in the right research tool can make an enormous difference in work efficiency and output...
Imagine you’re on the Nexis ® home page. Your cursor is on the search bar, and you know that typing in a single word or phrase will execute a search across a vast collection of data—from news archives and company details to biographical information, legal records, and social media content. But with so much data at your fingertips, how can you be sure your search efforts are delivering the most relevant...
For nonprofits, one of the most critical challenges is finding new donors who are not only willing, but eager, to support your cause. The quest becomes less daunting when you consider a key insight: individuals who have a history of donating are significantly more likely to contribute elsewhere. OneCause writes: “Donors who have contributed between $5,000 and $10,000 to an organization are 5 times more likely...
Billions of internet searches are made every day--but how many are made well? Even experienced researchers can find themselves wasting time on inefficient searches that yield questionable results. The problem? Open web search engines with endless answers. Using open web search engines is second nature for most people, but answering casual questions about a restaurant’s hours is a far cry from doing in-depth professional...
Today’s PR specialists shoulder many responsibilities—but there is perhaps nothing more fundamental to a successful communications strategy than ongoing media monitoring. After all, how can you accurately measure the effectiveness of your key messages or conduct competitive research if you don’t understand how your brand is being portrayed? While automated solutions are ideal for day-in, day-out media...
New technology allows many job responsibilities to be delegated to machines, but there are some tasks that just need a human touch—and proper research is one of them. As data-driven decision-making has become ubiquitous in organizations around the world, the ability to efficiently locate, analyze, and synthesize research findings is an indispensable skill for employees across a range of industries--from journalism...
While conducting a news search can certainly be as easy as typing in a few keywords and hitting “enter,” there are many ways to optimize searches that you’re likely missing out on. Did you know you can specify what length of article you want to read, what languages the terms should be published in and even fine-tune your results to only see negative news? If you’re not using search commands,...
Searching databases might seem simple, but if you’re not up-to-date on commands, you might be falling way behind. Nexis ® is already revolutionizing the way searches are conducted online, from offering unparalleled databases to building out automatic portfolios and alerts. However, if you’re unaware of the plethora of search tricks, you might not be getting the most you can out of your Nexis subscription...
If you scroll through a handful of job descriptions today, odds are that most—if not all—will list “proficient in research and analysis” as a requirement. But despite the need for quality research skills, there’s no one-size-fits-all approach to collecting and organizing information. Some might opt for a rigid process of sourcing publications or authors with relevant expertise before diving...
For many PR pros, it can be difficult to pinpoint in real time whether your communications strategy is paying off. Total impressions, share of voice, and social engagement are great—but do they capture whether the key messages you toiled over are resonating? Do they paint an accurate picture of your campaign’s effectiveness? Or are you leaving valuable insights behind? We asked our Nexis® Media Intelligence...
As a communications professional, you know intuitively that public perception can impact your campaigns, for better and for worse. These days, not much is more top of mind with the public than matters related to Environmental Social Governance (ESG). Research shows that customers, investors and other stakeholders are placing an increased focus on ESG initiatives, with companies leading the charge finding themselves with...
The modern workplace has undergone a dramatic transformation in the last few years, weathering a global pandemic, widespread talent shortages, and the emergence of game-changing technologies. Amid all this change, today’s workers are shouldering more responsibility and larger workloads than ever —and struggling to find enough hours in the day to accomplish everything on their to-do lists. Just like time...
If you’re a risk manager, the creation of an efficient and effective risk management workflow should be at the top of your priority list. Because risk managers are now juggling so many pieces, it can too often seem like you can have fast or effective risk analysis, but not both. The idea that you must choose between a well-informed due diligence investigation or an expedited one with a greater potential for blind...
In a world where data-driven decision-making has become all but necessary, research professionals are faced with a unique challenge: to find and collect the information they need amid an ever-growing sea of data. Today’s researchers are drowning in information; the total amount of data created, captured, copied, and consumed globally reached 64.2 zettabytes in 2020 , and is projected to hit 180 zettabytes by 2025...
When it comes to the data used for predictive modeling and risk management, you can’t afford to leave anything to chance. Risk managers today have an ever-increasing number of AI applications and risk management tools to improve risk visibility and expedite their due diligence and risk monitoring processes. To monitor risk in the most valuable way, these tools and applications must have rapid access to a large...
Despite predictions of a “new normal,” the post-pandemic world feels just as tumultuous as ever. In fact, you could say unpredictability is as constant as the tide. The pressure to adapt or risk being swept into obsolescence is great. That’s why organizations increasingly turn to premium news data to help navigate a business landscape that continues to churn and change. Like a reliable lighthouse,...