2012 Best Practices for Government Libraries

Beyond news and business content, LexisNexis has a
comprehensive collection of patent data from more
than 100 patent authorities—31 in full text—available
via its TotalPatent ® service. LexisNexis also lets
you search more than 135 million federal and state
court dockets simultaneously. And you can access 8
million court documents, including 1.2 million briefs,
pleadings, and motions. Also, with more than 35 billion
documents, LexisNexis has one of the world’s largest
online collections of public records. You can access 7.9
billion unique name/address combinations that map to
approximately 591 million unique identities; more than
1.2 billion business records and 2 billion business contact
records, representing more than 352 million unique
businesses and more than 1.2 billion unique contacts;
deed, mortgage, and tax assessor records; and more.
In addition to data from publicly available sources, the
LexisNexis Public Records repository includes regulated
data, private data, and derived information that are not
readily available from other providers.
LexisNexis delivers all this multi-source data in
consistent formats, and provides well-defined
application interfaces to simplify integration. And unlike
other third-party data providers that “self report”
and rely solely on a single source for data validation,
LexisNexis has multiple sources of the same data, thus
enhancing its accuracy and credibility.
Validating Big Data
Use of data aggregated from such a wide variety of
trusted sources enables an organization to corroborate
its existing big data for more informed decision making.
Consider the following examples:
• Suppose you are thinking about doing business with a
specific firm. You want to understand as much as you
can about that company—including potential risks—
so you have amassed a wealth of information on its
executives, policies and procedures, business practices,
etc. LexisNexis data helps broaden your perspective,
not only helping you validate your assumptions based
on the business intelligence you have gleaned from
your data sources, but filling in gaps with additional
information and perhaps even highlighting differences
that need to be explored. With access to consolidated
news, business, legal, and patent records, you might
find an abstract on the CEO that contains relevant data,
rather than simply his or her corporate background; you
may discover that there is pending litigation against the
company; or you may learn that some of the company’s
patents are about to expire.
• Say you are working at a government agency related to
national security or defense, and you are purchasing
microchips from an overseas supplier. Because
technology exists by which data can be transmitted
over those microchips to unfriendly nations, you
want to fully vet the supplier. Given the complexity of
linkages across the global supply chain, you need to
be fully aware of the interrelationships of your supplier
with its various subcontractors. By complementing
your internal data with aggregated news and business
content from LexisNexis, you may find a reference
in a small news abstract linking the supplier to an
organization or individual in an embargoed or watchlisted
country. Now you are aware of potential risks to
the integrity of your supply chain.
• Picture working for a state in which tax refund fraud
is on the rise. By supplementing your data with data
from the LexisNexis Public Records repository, you
gain access to billions of public records sources and
can thus establish identity-based filters to develop a
comprehensive picture of each taxpayer’s identity. Now
you can more easily flag suspicious refund requests by
using these identity-based filters to uncover situations
such as Social Security numbers altered to elude “Do
Not Pay” lists; people using credentials of deceased
individuals; individuals incarcerated in prison; or
individuals not associated with their given addresses.
• Imagine you are part of an urban planning initiative. By
adding LexisNexis data to the data you have already
collected, you can expand your view and validate the
information you have on demographics, spending
patterns, census tract boundary files, topographical
maps, land ownership records—all of which you need for
smarter infrastructure development and transportation
planning, and thus smarter spending.
For corporations and government agencies alike, the
addition of the vast collection of credible, attributable,
relevant data from LexisNexis allows for more precise
modeling and deeper analytics for a greater return on
investment in big data technology.
Leveraging Your Big Data Technology Investment