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Welcome to today’s

SIG Webinar!

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About SIG
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Aligning Information Resources
to Risk Assessment
Why Fair Use Data Falls Short
for Due-Diligence Research

SIG Solution Deep Dive


as presented by LexisNexis
April 2017
Meet the Speakers
LexisNexis® Business Insight Solutions

Karen E. Gray – Sr. EDDM Specialist


Market Intelligence, Category Management,
Vendor Selection, Benchmarking Resource, SIG
Resource Center Thought Leadership Council

Mark Davis – Integration Solutions Specialist


Customer Technical Support, Technical Sales, Enterprise
Software Solutions, Pre and Post Sales Support,
Software Development, Chief Technical Officer

Pawana Burlakoti – Global Product Manager


Leading and Launching products for
Procurement and Spend Management, User-
Centric Design and Agile Development
About LexisNexis
A leading global provider of legal, regulatory and
business information and analytics that help
professional customers make more informed
decisions, increase productivity and serve their
c l i e n t s b e t t e r.

LexisNexis Legal & Professional, which serves


customers in more than 175 countries with 10,000
employees worldwide, is part of RELX Group, a
world-leading provider of information and analytics
for professional and business customers across
industries.
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Agenda

• Individual Subscription Vs. Aggregated Subscription


Services
• Professional Services and Outsourced Risk Advisors
• Identify, Audit, Monitor, Review
• Integration – Leveraging Existing Framework Vs.
Investigating New Tools and Solutions

LEXISNEXIS® CONFIDENTIAL | 10
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Individual Subscription Vs. Aggregated Subscription Services

41% of Users

• cited that they frequently see conflicting information in search


results and find it difficult to identify which information is correct

38% of Users

• said the sheer quantity of results returned can be overwhelming

34% of Users

• believed that search results often have gaps in critical


information

LEXISNEXIS® CONFIDENTIAL | 11
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Individual Subscription Vs. Aggregated Subscription Services
6 Factors that May Be Influencing the Quality of Your Due-Diligence
Research

Search Engine Optimization Rules the Open Web

Right to Forget Laws Bury Information

Difficult to Unearth Archival Content

LEXISNEXIS® CONFIDENTIAL | 12
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Individual Subscription Vs. Aggregated Subscription Services
6 Factors that May Be Influencing the Quality of Your Due-Diligence
Research

Open Web Features Limited Content Types & Quality

Manual Alerts Process Less Timely

Lack of Auditable Reports

LEXISNEXIS® CONFIDENTIAL | 13
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Individual Subscription Vs. Aggregated Subscription Services

Do 3rd parties
include
individuals?

Are 3rd parties Are 3rd party


in one country companies
or multiple public or
countries? private?
Yes?

Are 3rd parties Are 3rd parties


in developed based in the
or emerging U.S. or
markets? overseas?
LEXISNEXIS® CONFIDENTIAL | 14
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Individual Subscription Vs. Aggregated Subscription Services

Individual subscription
services—Such services
proactively maintain their
content, improving its
reliability.

Aggregated subscription
services—Services that pull
together all key data via a
single service offer greater
consistency and efficiency.
LEXISNEXIS® CONFIDENTIAL | 15
Aligning Information
Resources to Risk Determining Which Due-
Assessment ~ Why Fair Diligence Resources You
Use Data Falls Short for
Due-Diligence Research Need

Professional Services and


Outsourced Risk Advisors

• Immediate benefit in that the


research done for you
• Hands-on approach for conducting
investigations in particularly high-
risk markets
• The costs can be substantial for
even basic due diligence research
reports
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Identify, Audit, Monitor, Review

LEXISNEXIS® CONFIDENTIAL | 17
Aligning Information LexisNexis® SmartIndexing™
Resources to Risk Technology
Assessment ~ Why Fair
Use Data Falls Short for
Due-Diligence Research
What is LexisNexis® Thousands of news
SmartIndexing™ sources
Technology?

• Harvest millions of content from


thousands of news sources

Scored and
• Patented algorithm uses specialized ranked news
indexing and matching engine to
filter the articles for relevancy and
accuracy
Important

• Surface matched content based on


the parameters you set up
Aligning Information Resources to Risk Assessment ~ Why Fair
Use Data Falls Short for Due-Diligence Research
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research

LEXISNEXIS® CONFIDENTIAL | 20
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Integration – Leveraging Existing Framework Vs. Investigating
New Tools and Solutions

Existing Framewok New Tools & Solutions


• Investment has been made • New ways to analyze data
• Users are familiar with it • New types of data
• Already part of processes • Data consolidation features
• Need to use existing framework’s data • Ease of use
• Consolidating data in one framework • Provides other features (ex. Analytics,
• Easier first phase Sharing)
• Potential to be leveraged in other ways
in company
• Additional cost

LEXISNEXIS® CONFIDENTIAL | 21
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
ARCHER
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
IBM EMPTORIS
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
ARIBA
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
OUTLOOK
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research

Microsites/Portals
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Business Intelligence Tools
Aligning Information Resources to
Risk Assessment ~ Why Fair Use
Data Falls Short for Due-Diligence
Research
Integration – Leveraging Existing Framework Vs. Investigating
New Tools and Solutions

Simple Medium Complex


• Basic Reading Only • Basic feed integration • Complex Mapping integration
• Most Recent Alerts • Email Alert Integration • Combine with other feeds
• Access to article content • Some filtering capability • Data can be transformed
• No filtering capability • Content can be organized • Additional Analysis
• No archiving • Archiving possible • Archiving possible

Examples Examples Examples


• Outlook • Ariba • Archer
• RSS Reader • Outlook – Rules Wizard • QlikView
• SharePoint • IBM Emptoris • Tableau Software
• Micro Dynamics • TIBCO Spotfire
• Zycus* • SQL Server
• Hiperos*

LEXISNEXIS® CONFIDENTIAL | 28
Wo u l d y o u l i ke t o r e c e i ve a c o p y o f
our free white paper?

Quality Counts: W hy Fair Use Data Falls


Shor t for Due-Diligence Resear ch

Yes!

No, Thank you!


Q & A
Follow us on Twitter @LexisNexisBiz or
Subscribe to our blog
www.LexisNexis.com/BizBlog

Thank You for attending!


A b o u t To d a y ’ s S p e a ke r s

Karen E. Gray has 22 years of


experience at LexisNexis. Karen is a
Senior Entity Due Diligence and
Monitoring Specialist and serves as
LexisNexis' expert and central point
person for all Supply Management
solutions. She is a resource for
Benchmarking, Market Intelligence,
Strategic Category Management, and
Vendor Selection, and focuses on
efforts to improve profitability and
cash flow, risk mitigation and
operational efficiencies with regard to
vendor selection and monitoring.
Karen serves on SIG’s Resource
Center Thought Leaders Council.
karen.gray@lexisnexis.com
A b o u t To d a y ’ s S p e a ke r s

Mark Davis is an Integrated Solutions


Specialist at LexisNexis. Mark has 20
years of experience in technical sales
and customer technical support. Prior to
joining LexisNexis Mark worked at other
enterprise software companies in roles
ranging from software development to
pre-sales support. Most recently, he
was the Chief Technical Officer at
SafeSourcing, an eProcurement
software provider.
mark.davis@lexisnexis.com
A b o u t To d a y ’ s S p e a ke r s

Pawana Burlakoti joined LexisNexis in


January 2017 as a global product manager.
Prior to LexisNexis Pawana worked at
SciQuest where she had been leading and
launching products in Procurement and
Spend management. Prior to SciQuest,
Pawana had been involved with a wide
variety of product portfolio as Product
Manager for PeopleFluent, and IBM -
Kenexa. In addition, Pawana brings a wealth
of experience in the area of user-centric
design and agile development. Pawana is
passionate about solving customer pain
points and providing thought leadership to
supply chain management community.
pawana.burlakoti@lexisnexis.com

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