NICE Actimize appointed leader against money laundering solution provider

“NICE Actimize appointed leader provider of solutions against money laundering in the annual awards ‘ leaders in innovation” of the magazine Financial-i NICE Actimize solution complies with the main selection criteria, including ease of deployment and ability to solve critical business problems.

NEW YORK, NICE Actimize, a NICE Systems Company (NASDAQ: NICE) and the provider largest and further expansion of the unique software platform for the prevention of financial crime, risk and regulatory compliance in the financial services sector, announced today that for the third consecutive year has been considered the leader in the category commercial solutions against money laundering (AML) innovation by Financial-i magazine, in the sixth edition of the “Leaders in innovation” awards. The companies evaluated were selected on the basis of the investigation carried out by the team of journalists from Financial-i with the contribution of analysts, consultants and professionals in the sector.

money laundering solution

“NICE Actimize was selected by our Advisory Committee because of the strength of the innovation that has shown this year in the environment against money laundering,” said Anita Hawser, editor Manager of Financial-I. “Our Awards recognize companies whose solutions positively affect end users and NICE Actimize continuous validating its commitment to product and service innovation, offering an impressive set of vertical capabilities specific to a variety of financial institutions.”

NICE Actimize provides an integrated package of AML solutions, including control of suspicious activity, filtering of surveillance for monitoring sanctions list, and clients for the opening of accounts and ongoing review of customer due diligence to help financial institutions comply with the regulations and recommendations for the prevention of the laundering of money in the world. NICE Actimize solutions are implemented in the global and regional, sector companies in the stock market and insurance sectors.

“\”En a historical year for the activity in the fight against money laundering in which we have seen many changes in the regulatory landscape, we are pleased that our continuous investment in innovative technology AML is recognized by Financial-i and leading industry analysts,”said Amir Orad, President and Chief Executive Officer of NICE Actimize. “Our focus as a company is to offer financial institutions a rich features and robust platform for the prevention of financial crime and this award serves as a testimony to our leadership.”

The annual awards “Innovation leaders” of the Financial-i magazine cover more than 50 categories on the bench with global operations. The total coverage of the winners will appear in the edition of the fourth quarter of 2011 from Financial-I. The awards “Innovation leaders” identify banks with global operations and suppliers of financial software and hardware that have been highlighted in the past 12 months, in terms of innovation and business solutions.

Awards methodology
The following criteria were used to determine the finalists: innovations in the solutions offered during the past 12 months; features detailed and comprehensive; differentiators counterparts; ease of deployment of the solution and interface; and the extent to which it is likely that these solutions will help companies solve or address common business problems.

We selected the winning companies on the basis of the investigation carried out by the team of journalists from Financial-i, as well as information received from a Committee consisting of industry analysts, consultants and professional advice. This year Advisory Committee included: Steve Craggs, Lustratus Research; Neil Katkov and Gareth Lodge, Celent; John Gubert, independent consultant; Peyman Mestchian, Chartis Research; Walter Kitchenman, consultant, banking and research; Gert Raeves, director of research, capital markets, TowerGroup, and Eric Sepkes, Edge International.

NICE Actimize, a NICE Systems Company (NASDAQ: NICE) is the largest and major expansion in the prevention of financial crime, risk and compliance solutions. The company provides multiple solutions in real time, prevention of fraud, money laundering, investigation of the company, risk management and surveillance of operations on the basis of a single flexible software platform. Implemented by the majority of the large financial institutions most of the world, including the 10 largest banks, the company Solutions customers reduce the risk of financial crime, improve compliance and reduce operating costs.