NICE Actimize Selected by Otkritie Capital to Provide Cloud-Based Market Abuse Surveillance and Anti-Money Laundering Solutions


NICE Actimize, a NICE Systems company (NASDAQ:NICE) and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced that Otkritie Capital has selected NICE Actimize to provide cloud-based Market Abuse Surveillance and Anti-Money Laundering solutions in support of its cross-asset Direct Market Access (DMA) platform and broker dealer activities. Services will be hosted by NICE Actimize from the company’s UK data center.

Otkritie Capital services are rendered in the UK by Otkritie Securities Limited, an indirect subsidiary of Otkritie Financial Corporation JSC, one of the leading financial services providers and prime brokers in Russia. According to Otkritie Capital, its direct market access (DMA) platform allows customers to take advantage of the latest technology to reduce costs and greatly increase the speed of transactions, opening up more trading strategies and opportunities than ever before. Otkritie Capital will rely on NICE Actimize’s cloud-based technology for its trading practices compliance program to detect and report potential market abuse and money laundering activities across its European business. A combined global team based in London, Moscow and Frankfurt will coordinate delivery of NICE Actimize’s Market Abuse Surveillance and Anti-Money Laundering solutions.

Detailed news link: here