About Lexis GuaranteeHub

Lexis GuaranteeHub is a system designed to improve the process of requesting, issuing and accepting guarantees, while at the same time providing all stakeholders improved visibility and control of the guarantee process. Using LexisNexis’s electronic document certification capabilities, Lexis GuaranteeHub digitises a manual, paper-based process, resulting in a certified and tamper-proof digital document; faster processing times and reduced fraudulent activity.

Lexis GuaranteeHub protects the integrity of the information used in the digital documents by enforcing the required business rules. It also enforces the mandate granted by banks to their panel attorneys by maintaining a central mandate register. With broad acceptance from all major South African Banks, Lexis GuaranteeHub is fast becoming the standard for the issuing of guarantees in the market.

Lexis GuaranteeHub

Lexis GuaranteeHub is designed to improve the process of requesting, issuing and accepting guarantees,
while providing banks with improved visibility and control of the guarantee process.

Audit and Reporting

Guarantees are requested electronically and issued from a centralised system
owned by the Bank.

Fraud prevention

Digitally signed and encrypted electronic guarantees prevent tampering and fraud.

Risk Management and Controls

Lexis GuaranteeHub proactively manages Attorney signing limits with escalation to
Bank teams where required.

Productivity and Efficiency

Lexis GuaranteeHub automates the process of requesting, generating, issuing and distribution of guarantees to a requesting party.

Transparency and Visibility

Lexis GuaranteeHub provides real-time notification, giving the Bank complete oversight of the guarantee issuing process from the initial instruction through to registration.

Data Integrity

Lexis GuaranteeHub integrates Bank data directly from Bank systems to ensure that guarantees are only issued on
existing instructions.

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Call us: +27 31 2683007

Email: customercare@lexisnexis.co.za