NICE Actimize received highest scores possible
in such currrent offering criteria as data integration, users and
roles, watch list management and screening, and case management
NICE Actimize, a NICE business (Nasdaq: NICE) and leader
in Autonomous Financial Crime Management, today announced
that it has been recognized as a leader in Anti-Money Laundering
solutions by Forrester Research, a leading global research and
advisory firm. The analyst group included NICE Actimize among the
most significant vendors in the market, in its recent report
titled, “The Forrester Wave™: Anti-Money-Laundering (AML)
Solutions, Q3 2019”.
NICE Actimize scored the highest scores possible within both
“Current Offering” and “Strategy” categories. In the “Current
Offering” area, NICE Actimize’s current Anti-Money Laundering
solutions offering received Forrester’s highest score possible in
such measured criteria as data integration, users and roles, watch
list management and screening, case management, transaction types,
reporting, and scalability (transaction volume).
NICE Actimize also received Forrester’s highest score possible
for criteria within the strategy category, including watch list
management plans, customer screening plans, AML administration and
reporting plans, FRAML (Fraud and Anti-Money Laundering) plans,
vendor’s POC and demonstration; as well as in staffing categories
in the areas of development, sales and support.
In NICE Actimize’s vendor profile, the Forrester Anti-Money
Laundering Report cited, “NICE Actimize provides a full AML
offering with automatic customer segmentation. The solution is a
well-rounded, purpose-built AML offering. The vendor plans to 1)
augment existing typologies with additional machine learning, 2)
expand robotics and automation to support investigation processes,
and 3) introduce an X-Sight marketplace that offers solutions to
augment AML capabilities.”
The Forrester report also said, “The solution provides intuitive
functionality and a visual workflow to set up data sources, manage
watchlists, and define investigator queues. It features flexible
rules to custom assign cases to investigators. System
administrators can use built-in, productized k-means unsupervised
learning algorithms and define rules to allow the risk scoring
engine to learn from investigators’ decisions. Dashboards and
reporting are extensive and customizable and allow admins to track
the effectiveness of risk scoring continually.”
“Offering two decades of experience in anti-money laundering
solutions implementation, NICE Actimize continues to lead the
industry in its investments in both portfolio development and in
the talent required to advancing this category. We have applied a
range of innovative technologies to our suspicious activity
monitoring and customer due diligence solutions, including
artificial intelligence, machine learning, and collective
intelligence capabilities and have moved significantly into the
cloud,” said Craig Costigan, CEO, NICE Actimize. “We are
honored that Forrester has recognized us as a leader in this year’s
Anti-Money Laundering Wave report.”
To download a complimentary copy of the “The Forrester Wave™:
Anti-Money-Laundering (AML) Solutions, Q3 2019” report, please
visit this page here.
Additional assets:
- For more information on NICE Actimize’s Autonomous
Anti-Money Laundering Solutions, please click here.
- For more information on NICE Actimize’s ActimizeWatch for
AML delivered by X-Sight, please click here.
The Forrester Wave™ is copyrighted by Forrester Research, Inc.
Forrester and Forrester Wave™ are trademarks of Forrester Research,
Inc. The Forrester Wave™ is a graphical representation of
Forrester's call on a market and is plotted using a detailed
spreadsheet with exposed scores, weightings, and comments.
Forrester does not endorse any vendor, product, or service depicted
in the Forrester Wave™. Information is based on best available
resources. Opinions reflect judgment at the time and are subject to
change.
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 world's 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: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: 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/20190924005817/en/
Corporate Media Cindy Morgan-Olson,
551-256-5202 cindy.morgan-olson@niceactimize.com
Investors Marty Cohen, +1 551 256 5354, ET
ir@nice.com
Yisca Erez +972 9 775 3798, CET ir@nice.com
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