Welcome to our dedicated page for Relx Plc news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on Relx Plc stock.
RELX plc (RELX) is a global provider of information-based analytics and decision tools for professional and business sectors. This news hub offers investors and professionals timely updates on strategic developments across its scientific, legal, and risk management divisions.
Access curated press releases and market-moving announcements including financial results, technology partnerships, and regulatory developments. Our collection spans RELX's innovations in data analytics, event organization, and sector-specific solutions that shape industries from healthcare to corporate compliance.
Key updates cover acquisition activity, product launches, and leadership changes impacting the company's global operations. Monitor evolving trends in information services through verified reports on RELX's expansion in digital solutions and risk assessment technologies.
Bookmark this page for streamlined tracking of RELX's market position through carefully vetted news sources. Return regularly to stay informed about developments affecting one of the world's most influential analytics providers.
On November 8, 2021, LexisNexis Coplogic Solutions emphasized the critical role of data sophistication in improving traffic safety, as traffic fatalities hit a 15-year high. A survey revealed that 60% of law enforcement officials prioritize reducing fatalities to zero, yet 49% reported low data sophistication. The company offers tools like Crash Mapper to enhance data analytics for better decision-making. By advancing data collection and analysis, agencies can adopt a preventive approach to traffic safety, potentially saving lives.
Cirium has launched the Diio Schedule Snapshot, revealing that major US airlines cut 20% of their planned flights for September 2021, compared to a mere 3% removed in 2019. This tool allows airlines and airports to analyze flight schedule changes more dynamically, responding to ongoing pandemic uncertainties. The Diio Schedule Snapshot will enable better planning, revenue management, and yield optimization. The launch indicates a significant shift in airline scheduling practices, as carriers adjust routes closer to departure dates.
LexisNexis Risk Solutions published its sixth annual Home Trends Report, highlighting that extreme weather events have led to significant increases in weather-related loss costs for homeowners and insurers in the U.S. Catastrophic weather drove 39% of claims in 2020, marking the highest level in six years. Overall loss costs rose by 6% year-over-year, presenting challenges for carriers in pricing policies profitably. The report emphasizes the need for insurers to utilize the latest peril-related trend data to enhance underwriting decisions.
LexisNexis Risk Solutions has launched its Healthcare Identity Management platform on the Epic App Orchard, allowing health systems using Epic's EHR to enhance patient onboarding. This innovative platform offers real-time identity verification, ensuring secure access to patient accounts while supporting Spanish-speaking patients. It leverages extensive data sources to verify identities, ensuring unmatched authentication and fraud prevention. With Epic managing records for over 250 million patients, this integration is poised to improve identity management across hundreds of healthcare organizations in the U.S.
ComplySci, a regulatory technology provider, has initiated its M&A growth strategy by acquiring National Regulatory Services (NRS), enhancing its compliance offerings for financial services. This strategic acquisition combines ComplySci's technology with NRS's expertise, growing their market presence. The transaction follows a $120 million investment from K1 Investment Management. NRS will operate as 'NRS, a ComplySci Company,' under President John Gebauer, aiming to deliver an integrated compliance solution. This move is expected to position ComplySci for significant growth and increased industry recognition.
RELX reports a 6% underlying revenue growth in the first nine months of 2021. The company anticipates full year growth rates to exceed historical trends based on improved performance across divisions. Key highlights include a 10% increase in Risk segment revenue, driven by fraud prevention demand and new insurance sales. Scientific and Technical divisions grew 4%, while Legal saw a 3% growth. Exhibitions segment revenue increased by 9%, aided by venue reopenings. Market capitalization stands around £43bn.
On October 12, 2021, LexisNexis Risk Solutions announced it received four prestigious awards recognizing its leadership in fraud prevention, identity authentication, and cybersecurity. The accolades include:
- CyberSecurity Breakthrough Awards - Overall Cybersecurity Company of the Year
- Global Banking & Finance Awards - Decade of Excellence Anti-Fraud/Security Solution
- Juniper Research Future Digital Awards - Gold Winner for AI in Fraud Prevention Innovation
- Pan Finance Awards - Best Financial Services Cybersecurity Solutions
These recognitions highlight the company's commitment to adapting to evolving digital fraud challenges.
