NICE Actimize Selected as Winner in “Advanced Technology” Category in Celent’s 2012 Anti-Money Laundering and Fraud Vendor Review


 NICE Actimize, a NICE Systems (NASDAQ:NICE) company and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, announced it was named the Advanced Technology category winner in Celent’s XCelent 2012 awards based on survey findings contained in Celent’s recent report“Evaluating the Enterprise-Wide Compliance Vendors – Solutions for Anti-Money Laundering and Anti-Fraud.”

 Celent’s criteria for the Advanced Technology award focused on key factors including range of integration methods, scalability and system flexibility. Additional factors such as analytics,range of databases and operating systems supported, and the ability to modify the system using visual tools were also among the criteria considered. NICE Actimize’s Anti-Money Laundering Suite, Fraud Prevention Suite and Enterprise Risk Case Manager were reviewed by the analyst in consideration for this award.

 “Celent has always supported the financial crime approach, that is, consolidating AML and anti-fraud efforts on a common platform, but until now there were few concrete examples of this approach to point to,” said Neil Katkov, PhD, Senior Vice President, Asia for Celent and coauthor of the report. “We see that a growing number of firms are taking a holistic approach to these issues – NICE Actimize is a successful example of a firm applying advanced technology to this area.”

In its review of NICE Actimize, Celent notes NICE Actimize‘s transaction behavior monitoring capabilities, the solution’s cost effectiveness and voice integration capability with NICE Systems, as some of the strengths cited by NICE Actimize clients. Clients also expressed satisfaction with the information sharing among the NICE Actimize client base and with NICE Actimize’s ability to listen to their customers, ask for suggestions, and implement changes in response to client feedback.

Actimize press release link: here