Actimize Joins IBM PartnerWorld Networks Program
Companies to offer open and integrated risk management solutions
New York, New York – January 10, 2005 – Actimize, which provides industry-leading analytics and monitoring solutions for enterprise operational risk management, today announced its participation in the IBM PartnerWorld Industry Networks for ISVs program. Working with IBM, Actimize will provide a host of benefits to prospective clients including more rapid deployment, effectively reducing a financial institution's exposure to operational risk. Actimize current offerings include enterprise Operational Risk Management solutions for Anti-Money-Laundering, Brokerage and Banking Surveillance, Risk Monitoring and Fraud Prevention.
"The Actimize and IBM solutions offer insight into trading activities that maintain regulatory compliance and mitigate operational risk at banks, brokerages, and other financial services institutions," said June Felix, General Manager of Banking Solutions for IBM. "Together the companies can help financial institutions cost-effectively deal with a host of growing compliance challenges."
"The sheer volume of daily financial transactions makes it imperative that financial institutions take advantage of the most sophisticated technology available, in order to satisfy dynamic regulatory requirements and reduce their risk exposure," said David Sosna, Actimize president and CEO. He added, "Our close alliance with IBM has enabled us to optimize the efficiency of our industry-leading solutions on IBM hardware and middleware, simplifying and expediting implementation for our clients using IBM platforms."
The IBM PartnerWorld Industry Networks provide ISVs with comprehensive go-to-market sales support and technical resources that are specifically tailored to their industry requirements. As part of the PartnerWorld Industry Networks, ISVs can team with IBM and bring joint solutions out to market faster and industry-by-industry, reflecting how customers are buying technology today. ISVs who achieve the optimized level have successfully enabled and validated their industry applications on IBM infrastructure software and hardware. IBM has Networks covering eight industries, with plans to introduce more next year.
ISVs can sign up for PartnerWorld Industry Networks at www.ibm.com/isv.
Actimize offers solutions for Operational Risk Management including Anti-Money-Laundering, Brokerage and Banking Compliance, Brokerage Surveillance, Risk Monitoring and Fraud Prevention. With over 40 current enterprise clients, including 6 of the top 10 leading financial organizations, Actimize provides surveillance and compliance monitoring for over $4 trillion U.S. in assets. Its customer base includes banks, brokerages, regulatory bodies, telcos, and government agencies.