In February 2019, Thomson Reuters launched CLEAR Risk Inform, “the first risk-scoring solution to bring together analysis and public records with customizable definitions.”
According to the press release, industry experts in banking, finance, insurance, healthcare, provider enrollment and vendor management collaborated on the development of CLEAR Risk Inform, which allows organizations to create an institutionalized risk assessment from public data.
Kevin Appold, U.S. Public Records Lead for Thomson Reuters states: “Through the customization made possible by CLEAR Risk Inform, an organization can establish its own risk level by assigning certain scores for various risk factors, creating a repeatable risk analysis that is not influenced by human bias or human error and improves efficiency through a tailored workflow.” A number of legal offenses can be assessed including counterfeiting, identity theft, fraud, money laundering and more.
