For more than 6 years, RSA, the Security Division of EMC, and LexisNexis® Risk Solutions have successfully collaborated in providing RSA’s consumer-oriented Identity Verification service which utilizes dynamic knowledge-based authentication (KBA) to validate user identities in real-time through a series of generated questions within databases containing billions of public and commercially available records.
In continuing this collaboration, we recently saw an opportunity to evolve our relationship so we could each focus more on our core competencies. On March 31, 2013, we sold LexisNexis the RSA Identity Verification service which RSA acquired through its acquisition of Verid in 2007.
LexisNexis has been a key data services provider for the RSA Identity Verification service, supplying the identity-specific data necessary to perform identity proofing and verification. LexisNexis has also been a reseller of the RSA Identity Verification service into a number of accounts. The success of these combined efforts is why we both believe this new direction is a good path for the relationship and for our customers. We believe this move will provide better alignment with each organization’s strategic direction. RSA will continue to focus on intelligence-driven security, leveraging big data and real-time data analytics across its portfolio. Through LexisNexis, Identity Verification customers will have the benefit of having a closer association with the underlying data that powers the identity verification and authentication offering.
So what does this mean for customers?
RSA and LexisNexis are committed to making this transition as seamless as possible for customers. Following a brief transition period, LexisNexis will assume full command over operations, roadmap, and support.
In the near-term, the majority of the changes for customers will be transparent. Over time, however, customers will see new account team assignments, changes to the domain and branding of the service, and communications from LexisNexis.
We are excited about this move and believe it will benefit our mutual customers above all else. We are grateful to all of our RSA Identity Verification customers for their support and the opportunity we have had to serve them as well as the opportunity we will have to continue to serve them into the future.