Relx Plc Stock Price, News & Analysis

LexisNexis Risk Solutions released a study indicating that 80% of institutions expect an increase in fraud risk over the next 24 months. The survey, which included 326 decision-makers from sectors like financial services and retail, revealed that all types of fraud surged by an average of 37% in the past year. Digital wallet scams and phishing have notably risen. Organizations struggle with privacy concerns and poor user experiences while implementing new fraud prevention strategies. The study emphasizes the need for enhanced fraud management as digital payment methods become more prevalent.

RELX, a global provider of information-based analytics, reports a 9% underlying revenue growth for the first nine months of 2022. The company's business services and specialized industry data services posted robust growth, while exhibitions saw an impressive 85% growth year-to-date. The outlook for the full year remains optimistic with expectations of continued revenue and profit growth above historical trends.

Despite challenges, the company anticipates strong growth in adjusted earnings per share, maintaining a positive business trajectory.

LexisNexis Risk Solutions has launched MarketView Patient Journey Intelligence, a comprehensive real-world data solution designed to enhance health outcomes research. This innovative platform utilizes referential tokenization technology to create accurate, longitudinal views of patient health, drawing from one of the largest de-identified medical claims datasets in the United States. The service facilitates the evaluation of healthcare practices and treatment pathways, addressing unmet patient needs and streamlining research processes.

Cirium has announced upgrades to its Fleets Analyzer tool, integrating CO₂ emissions and satellite tracking data. This enhancement allows for a detailed overview of aircraft operations globally, with a reported 9.5% reduction in average CO₂ emissions per flight in September 2022 compared to 2019. The tool boasts over 450,000 unique aircraft records and enables comprehensive analysis on supply, demand, and liquidity in the aviation sector. Major airlines like American Airlines and Virgin Atlantic have praised the accuracy of the CO₂ emissions data.

LexisNexis Risk Solutions released the 2022 U.S. Home Trends Report, analyzing seven years of data from 2015 to 2021. It shows that while loss costs and frequency decreased in 2021, severity rose 7%, primarily attributed to extreme weather events. Regions like Louisiana and Texas faced the highest loss costs. The report highlights significant trends such as a 329% increase in Weather-Related Water claims and a reversal in Theft peril trends, suggesting ongoing challenges for insurers in pricing and risk assessment.

LexisNexis Risk Solutions has launched the Gravitas™ Network, a real-world data hub designed to enhance clinical research and precision medicine. Leveraging advanced tokenization technology, the network integrates high-quality, de-identified data from multiple partners, enabling researchers to address health inequities and improve health outcomes. Early adopters include Truveta and Ovation, among others. The Gravitas Token ensures precise linking of patient data, facilitating comprehensive analyses of patient journeys and informing the development of effective therapies.

Vueling has entered a multi-year partnership with Cirium to enhance operational efficiencies through Cirium Sky, a data warehouse and analytics solution. This collaboration will provide Vueling access to insights from over 25 operational factors, aiming to improve flight planning and minimize delays. The initiative is crucial for recovery in the post-COVID-19 landscape, emphasizing data-driven decision-making to enhance passenger experiences and boost the airline's competitiveness. Cirium Sky consolidates data from multiple sources, offering predictive analytics to address future operational challenges.