LexisNexis Special Services Inc. Awarded GSA Schedule Contract to Help Federal Agencies Fight Financial Fraud, Waste and Abuse

WASHINGTON, June 15, 2016 /PRNewswire/ -- LexisNexis Special Services Inc. (LNSSI) today announced it has been awarded a U.S. General Services Administration (GSA) Multiple Award Schedule Contract to help government agencies reduce fraud, waste and abuse using advanced identity intelligence data, technology and analytics. The company was awarded the GSA Financial and Business Solutions Schedule 520 Contract (GSA Schedule 520), which enables government agencies to acquire solutions for financial dilemmas through auditing, financial management, financial asset, business information and credit monitoring services. The contract, GS-00F-178DA, is for a period of five years with three five-year options.

Under the GSA Schedule 520, the company will offer a suite of identity management, big data and analytical solutions to help strengthen financial management and support financial services in the federal financial community. Government agencies can use LNSSI's technology and services for applications such as identity verification, fraud discovery and revenue recovery, as well as for protecting the integrity of federal benefits programs.

"This GSA Schedules Contract will help federal government leaders make timely, accurate and insightful decisions so their agencies can better serve American citizens," said Haywood Talcove, CEO, LexisNexis Special Services Inc. "As technology evolves rapidly, federal agencies can keep pace using our suite of solutions to solve some of the most pressing financial challenges facing our nation today."

The GSA Schedule 520 Contract provides federal agencies with the company's human expertise such as data analysts, software engineers and program managers, as well as LNSSI's suite of technologies, including Accurint® for Government, which enables agencies to locate and identify people, businesses and assets; LexisNexis® Instant Verify, which helps them securely validate identities; and LexisNexis® Instant Authenticate, which enables agencies to authenticate identities, among many other technology solutions.

The contract also enables agencies to leverage the LexisNexis® Risk Solutions advanced data and technology infrastructure to gain actionable intelligence and deliver data-driven decisions quicker. Analytics are powered by LexisNexis Risk Solutions own high performance computing cluster platform, HPCC Systems® that, for the past 10 years, has efficiently helped customers who need to sort through billions of records.

Federal agencies interested in learning more about LNSSI's solutions available through the GSA Schedule 520 Contract, GS-00F-178DA, can visit here.

About LexisNexis Special Services Inc.

As a trusted leader in enabling government agencies to transform data into mission critical decisions, LexisNexis Special Services Inc. leverages more than 40 years of information solutions expertise to provide customers with global sources of data, advanced analytics and data fusion and linking technologies that address their most challenging analytical and decision-making needs. LexisNexis Special Services Inc. is a wholly-owned U.S. subsidiary of LexisNexis Risk Solutions, with a Board of Directors that includes members from the Intelligence Community, Department of Defense, law enforcement and civilian agencies. For more information, please visit http://lexisnexisspecialservices.com/.

SOURCE LexisNexis Special Services Inc.