NICE Actimize’s Autonomous AML suite combines
AI, machine learning, and domain expertise to better combat
money-laundering
NICE Actimize, a NICE (Nasdaq: NICE)
business and the leader in autonomous financial crime
management announced today that for the sixth consecutive year it
has been voted the “Best Anti-Money Laundering Compliance Solution
Provider” in Waters Magazine’s 2019 Rankings competition, selected
through an online voting process conducted by the publication. NICE
Actimize was honored for its Autonomous Anti-Money Laundering suite
of solutions.
“For the sixth year in a row, NICE Actimize was recognized by
our readers as the top provider of anti-money-laundering
solutions,” said Anthony Malakian, Editor-in-Chief of
WatersTechnology Group. “Six in a row is a testament to their
consistency and innovation.”
“We thank the readers of Waters, and our own customers, for
demonstrating their continued support of our anti-money laundering
technology and services,” said Craig Costigan, CEO, NICE
Actimize. “We continue to make significant investments across
our integrated AML suite, with a focus on further developing
intelligent automation, machine learning and artificial
intelligence-based solutions that function as enablers to enhance
the quality and consistency of AML programs while reducing the cost
of compliance.”
NICE Actimize’s Autonomous Anti-Money Laundering Solutions Suite
consists of Suspicious Activity Monitoring, Customer Due Diligence,
CTR Processing and Automation, and Watchlist Filtering, as well as
the capability to address FATCA legislation. The suite also
includes the “AML Essentials” SaaS solution, targeting mid-sized
financial institutions.
Additionally, the suite includes ActimizeWatch for AML,
delivered by X-Sight. ActimizeWatch is a cloud-based managed
analytics service that continuously monitors criminal typologies
and AML model performance. With AML expertise and machine learning,
ActimizeWatch proactively optimizes Actimize anti-money laundering
models, when needed, with minimal impact to on-premises resources
at a financial services organization.
The 2019 Waters Technology Rankings awards competition consisted
of a total of 33 awards covering five categories, including: Trading Services; Trading
Tools; Data Management; Compliance, Risk Management and the Back
Office; and Infrastructure and Connectivity.
About Waters Each month, Waters reports and analyzes the
business reasons for and practical implementation of financial
technology in the capital markets and securities industry. With
more than 10,100 subscribers around the world, Waters' readers
enjoy the insights of CIOs and CTOs from the global markets. The
magazine also releases the electronic newsletter, WatersNews, each
Tuesday to more than 14,000 industry professionals and it sponsors
conferences in New York, London, and Singapore plus briefings and
training courses in many of the world's financial centers. For more
information, visit www.watersonline.com.
About NICE Actimize NICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions
for regional and global financial institutions, as well as
government regulators. Consistently ranked as number one in the
space, NICE Actimize experts apply innovative technology to protect
institutions and safeguard consumers and investors assets by
identifying financial crime, preventing fraud and providing
regulatory compliance. The company provides real-time,
cross-channel fraud prevention, anti-money laundering detection,
and trading surveillance solutions that address such concerns as
payment fraud, cybercrime, sanctions monitoring, market abuse,
customer due diligence and insider trading. Find us at
www.niceactimize.com, @NICE_Actimize or Nasdaq:NICE.
About NICE NICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Trademark Note: Actimize, the Actimize logo, NICE and the NICE
logo are trademarks or registered trademarks of NICE Ltd. and/or
its subsidiaries. All other marks are trademarks of their
respective owners. For a full list of NICE's marks, please see:
http://www.nice.com/nice-trademarks.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Costigan are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190807005287/en/
Press: Cindy Morgan-Olson +1-551-256-5000 NICE Actimize
cindy.morgan-olson@niceactimize.com
Investors: Marty Cohen +1-551-256-5354 ir@nice.com
Yisca Erez +972-9-775-3798 NICE Ltd. ir@nice.com
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