AML Insight by LexisNexis® vs Avid AML - Which Anti Money Laundering Software Platform Is Better in July 2025?

Pros and Cons of AML Insight by LexisNexis®

• AML Insight™ speeds up KYC, CIP, and BSA processes through extensive public and private data sources, helping businesses verify individuals and entities efficiently and accurately.

• With access to adverse media, beneficial ownership, and asset records, the platform enables deep, investigative due diligence, strengthening decision-making and compliance confidence.

• Tools like FraudPoint® provide intelligent fraud scoring using predictive analytics, enabling faster identification of high-risk profiles and potential criminal behavior.

• Seamless integration of OFAC, PEPs, and global sanctions lists supports regulatory obligations and helps businesses stay compliant with international laws.

• The platform does not offer built-in tools for direct e-filing of Suspicious Activity Reports (SARs) or regulatory submissions, requiring additional systems or manual processes.

• Due to the depth of data and investigative features, new users may face a learning curve without sufficient training or onboarding.

Pros and Cons of Avid AML