Hoboken, N.J., August 6, 2019 – Helping financial services organizations keep up with a changing market landscape,
NICE Actimize, a NICE business (Nasdaq: NICE) and leader in autonomous financial crime management, today announced that
Alloy has joined the X-Sight Marketplace, the industry's first financial crime risk management-focused ecosystem designed to assist financial services organizations evaluate new point solutions and move to stay on top of a challenging regulatory and criminal environment.
The X-Sight Marketplace leverages the X-Sight Platform-as-a-Service and further expands the functionality offered by the platform. The NICE Actimize X-Sight Platform-as-a-Service offers a single, unified, cost-effective way for financial service organizations to rapidly innovate and to introduce new services while supporting best-in-class financial crime, risk and compliance management capabilities.
Alloy, known for its identity and risk decisioning, will offer a single API and dashboard to the X-Sight MarketPlace community. Alloy will bring the NICE Actimize Marketplace community stronger capabilities to allow them to make better decisions around KYC, AML, fraud and more, from signup and throughout the life of the customer. NICE Actimize customers will be able to utilize this capability to reduce their fraud rates, improve customer experience and grow their topline revenue.
Technology providers such as Alloy that join the NICE Actimize X-Sight Marketplace ecosystem, are reviewed for their ability to complement financial crime and compliance solutions. Once approved, software and service providers become available to the NICE Actimize community via the X-Sight Marketplace. FSOs can quickly browse through X-Sight Marketplace solution categories to find scalable options that solve their unique business problems.
"Alloy appreciates this partnership with NICE Actimize as we bring innovation and business value to financial services organizations looking for a faster selection and assessment process that bolster their financial crime operations," said
Tommy Nicholas, CEO, Alloy. "There is strong synergy and alignment between the industry-leading financial crime solutions and platforms that NICE Actimize offers its community and Alloy. We look forward to building our presence on this innovative community platform."
"We are excited that Alloy, who shares our common goal of fighting financial crime through the benefits of a Marketplace ecosytem, is partnering with us and joining the X-Sight Marketplace community," said
Craig Costigan, CEO, NICE Actimize. "By connecting via a Cloud environment, community participants will experience a quicker time to value and minimized integration cost as they evaluate new solutions for their financial services organizations."
Additional categories that will be added to NICE Actimize's X-Sight Marketplace from other partner participants will include: ID Verification, Ultimate Beneficial Ownership, Value-added Data & Adverse Media, Watchlist, Device Identification, and User Authentication & Fraud. Additional partners will be announced as the X-Sight Marketplace grows.
Alloy helps companies make better decisions with better information, using a single API service and dashboard to manage identity verification from signup through the lifecycle of the customer. Alloy makes it easy for financial services companies to quickly and safely decision more customers and transactions, mitigating fraud and high-cost financial risk.
www.alloy.co to learn more and follow them on Twitter @UseAlloy.
For more information on the X-Sight Marketplace, please click here.
If you are a technology company or financial institution wishing to be part of the first financial crime and compliance marketplace, please contact us at
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.
NICE (Nasdaq: NICE) is the worldwide 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
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