For the second consecutive year, NICE Actimize, a NICE (Nasdaq: NICE) business
and the industry leader in Autonomous Financial Crime Management, was
named “Best Financial Crime Prevention Technology” category winner in
Financial Technologies Forum / FTF News 2019 Technology Innovation
Awards. The final award winners for this year’s competition were
determined by votes cast online by FTF News’ readers and industry
participants.
In describing the category, FTF News stated, “The financial crime
prevention technology award shines the light upon software, services and
systems that help firms withstand an onslaught of state-of-the-art
crime.” During the past year, NICE Actimize debuted numerous innovative
platforms and solutions categories in financial crime and compliance,
across anti-money laundering, enterprise fraud and financial markets
compliance, in support of Autonomous Financial Crime Management.
NICE Actimize’s innovations in financial crime solutions also led to
shortlisting across four additional categories, highlighting product
leadership and advanced applications of artificial intelligence and
machine learning, managed analytics and cloud-based offerings, in such
categories as compliance, trade reconstruction, cutting-edge solutions,
and artificial intelligence initiatives.
Craig Costigan, CEO NICE Actimize said, “We thank the
readers of FTF News, along with our customers and partners, for
demonstrating their continuing confidence in our commitment to our
financial crime solutions and platforms in anti-money laundering,
enterprise fraud and financial markets compliance. As we transform the
marketplaces we serve with advancements in artificial intelligence,
machine learning and the cloud, we will continue to apply modern
technologies to optimize operations, lower costs and reduce reputational
risk.”
Maureen Lowe, Founder and President, FTF News said, “This year’s
competition was our largest awards event ever, featuring more than 75
nominated organizations. Congratulations to those firms, such as NICE
Actimize, that demonstrated leadership and innovation in a highly
competitive ops field. Our winners should be proud of these
accomplishments.”
About Financial Technologies Forum:
Financial Technologies
Forum, LLC (FTF) is the place to learn from, market to and interact with
the people and companies that are driving the post-trade processing
industry. As with all information-based industries, trade processing is
in a state of rapid change. New regulations, market pressures, new types
of securities — not to mention the accelerating changes in technology —
have made it more and more difficult to keep current, much less get
ahead of the curve. FTF is committed to being a timely and reliable
source for thought-leading opinions and insights, valuable news and
effective training for everyone in post-execution operations. For
vendors to this industry, the forum provides an efficient,
cost-effective platform from which to generate top-of-mind awareness
among their target markets via content marketing, sponsorships,
webinars, advertising and much more.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190528005262/en/