ATLANTA (September 10, 2013) – LexisNexis® Risk Solutions today announced it has ranked 137 on the InformationWeek 500, an annual listing of the nation’s most innovative users of business technology. The staff of InformationWeek magazine identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America’s best-known companies. The annual list was revealed yesterday on the Information Week 500 website, www.informationweek.com/iw500/ .
Among its newest innovations and primary criteria for the awards, LexisNexis enhanced SALT or Scalable Automated Linking Technology for its HPCC Systems supercomputing platform to ensure the Georgia-based company can continue to process high volumes of complex data. HPCC Systems® is open source and an enterprise-proven platform for big data processing being leveraged by financial institutions, insurance companies, law enforcement agencies, state and federal government and other enterprise-class organizations.
“Today, companies struggle to store and analyze from increasingly large quantities of structured and unstructured data and gain insights needed make critical business decisions,” said Vijay Raghavan, EVP and CTO. “SALT links, classifies and matches information together through linking algorithms and identifies relationships between people, business entities or other information.”
SALT is also used to prevent fraud by verifying identities, addresses and other factors and using information on relationships to see where collusive activities might exist within property and casualty insurance, health care fraud , mortgage fraud and other financial services transactions.
About InformationWeek Business Technology Network
The InformationWeek Business Technology Network, www.informationweek.com , provides IT executives with unique analysis and tools that parallel their work flow—from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties such as DarkReading.com (security), NetworkComputing.com (networking and communications) and BYTE (consumer technology). The network also provides focused content for key IT targets, such as CIOs, developers and SMBs, via InformationWeek Global CIO, Dr. Dobb's and InformationWeek SMB, as well as vital vertical industries with InformationWeek Financial Services, Government and Healthcare sites. Content is at the nucleus of our information distribution strategy—IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions.
About LexisNexis Risk Solutions
LexisNexis Risk Solutions (www.lexisnexis.com/risk/ ) is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced analytics, LexisNexis Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading global provider of professional information solutions across a number of sectors.