How Nexis+ AI™ Turns Your Financial Fact-Finding into Next-Level Insights

In the Future of Work survey we conducted last year, 87% of professionals expressed a willingness to adopt generative AI (genAI). Adoption, however, comes with challenges. Organizations must balance desire for productivity gains promised by genAI with ethical, secure use. Moreover, despite budding enthusiasm for genAI, concerns about hallucination and bias mean organizations need to build trust in genAI outputs. How can organizations leverage the upside of genAI while effectively mitigating its potential downsides? When it comes to company research, Nexis+ AI™ delivers.

Access to reliable information is key to making informed decisions. In this blog, we’ll show you how Nexis+ AI can help you streamline your research process using tools built to enable trust and transparency throughout your workflow.

Experience enhanced company research

Start your journey by accessing expansive company financial and news data. Our platform combines the data depth you’ve come to expect from LexisNexis with new genAI technology, providing you with detailed information on more than one million businesses. You can search for specific companies or discover new ones using filter criteria based on industry, number of employees, revenue, location and more.

Once you click into a company, Nexis+ AI provides an at-a-glance view of critical financial information, organized into tabs for your convenience.

• The Overview tab highlights the corporate hierarchy and pertinent reporting information to help you get smart quick on company information at a high level.
• The Financial tab visualizes key financial metrics, with linked company filings for you to quickly click into for specific financial data.
• The News tab showcases the most relevant recent news about the company you’re researching, keeping you up-to-date on what others are saying about the business.

In its first iteration, Nexis+ AI is launching with traditional search you’re familiar with, letting you search for specific companies, or apply filters to display what companies out there meet the criteria you are researching.

Among the first new capabilities coming soon to Nexis+ AI is Natural Language Search, a powerful tool for novice and expert researchers alike. Natural Language Search allows users to ask questions in simple, conversational language. AI then automatically applies filters according to your query, with results that reflect the criteria of company you’re searching for, but without having to manually apply filters yourself.

Quickly understand media coverage using news article insights

Staying up to date on company news can be a time-consuming part of company research, but the News tab in Nexis+ AI can help you get smart fast on the latest stories. You can easily click into articles related to a company to read contents. Further speed your time to insight by using AI to generate a summary of the article’s key points, allowing you to quickly identify the news stories that matter to your research.  

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Summarize results with full transparency to source materials

With just a few clicks, you can upload lengthy company documents to the Nexis+ AI Document Analyzer. You’ll be able to capture insights more efficiently with Document Analyzer doing the heavy lifting as you search lengthy documents like 10Ks or annual reports for companies you're interested in, whether they’re a competitor, a potential M&A target or just a new business you want to learn more about.

Document Analyzer automatically identifies other businesses mentioned in the document, providing links for you to delve deeper into their profiles with just a click. An AI chatbot further simplifies the discovery process, offering prompts for common questions or allowing you to ask specific questions regarding document contents. Because data is sourced solely from the document itself, the risk of AI generated hallucinations is mitigated, with Nexis+ AI telling you when it can’t answer a question based on the contents of the document you’ve uploaded. 

Preserving data privacy and ethical data use

Nexis+ AI makes it simple and fast to verify AI-created outputs, helping ensure transparent insight generation. Content you upload or generate is not used to influence AI model training, safeguarding your data privacy. When it comes to the licensed sources Nexis+ AI connects you to, LexisNexis takes a publisher-friendly approach, ensuring that publishers receive fair compensation for the data provided.

It’s all in service of LexisNexis’ continued mission to connect researchers with quality content. As Sara Trohanis, Vice President of Americas Revenue and Strategic Partnerships at The Associated Press noted when Nexis+ AI was first unveiled, “The Associated Press appreciates the value generative AI tools can provide in surfacing the content users seek. We are pleased to continue our work with LexisNexis in a way that leverages this technology to better connect LexisNexis users with accurate, factual AP journalism.”

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Quickly generate first draft reports

When it’s time to transform your collected intelligence into shareable insights, whether from Nexis+ AI or the open web, the Nexis® Hub Chrome Extension makes it easy to save snippets of text and their sources for future use. Using the extension in combination with Nexis+ AI, you can review your saved snippets from the Hub homepage and organize them into collections for easy future access. No more losing track of crucial sources or time-consuming hunts for that impactful quote you remember saving. Nexis Hub’s cloud storage and organization capabilities keep sources close at hand. Then Nexis+ AI can generate first draft reports with linked citations to source articles saved in Nexis Hub for added credibility.

With a first draft generated, you have more time to review and analyze your company research findings. Edit your draft, adding context, visualizations, or other details before sharing your finished report to stakeholders. With transparent sourcing that only uses the content contained in your saved collections, you can confidently present your findings and drive informed decision-making.

For greater control of the generated AI report, you can create customizable outlines based on topics of interest for specific stakeholders. This allows you to quickly reorder or remove sources to produce a report with a compelling narrative and data-backed insights that your audiences need to inform decisions.

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Explore the potential of Nexis+ AI for company research

It’s clear that AI-powered tools will revolutionize the way you access, analyze, and share business insights. Why wait? With a focus on trust, transparency, and efficiency, Nexis+ AI empowers you to make informed decisions and propel your company research success in today's competitive market.