NICE Actimize Voted “Best Anti-Money Laundering Compliance Solution Provider” for Fifth Consecutive Year in 2018 Waters Magazine Rankings
NICE Actimize is recognized for its new Suspicious Activity Monitoring solution which reduces investigation time for a single alert by up to 70 percent
July 17th, 2018
Hoboken, NJ, July 17, 2018 –NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management announced today that for the fifth consecutive year it has been voted the "Best Anti-Money Laundering Compliance Solution Provider" inWaters Magazine's 2018 Rankings competition, selected through an online voting process conducted recently by the publication. "In a highly competitive playing field, once again NICE Actimize was recognized by our readers and the anti-money laundering industry as a leader in AML compliance," said Anthony Malakian, U.S. Editor,Waters Magazine. "Winning year after year is an impressive achievement for our top-ranked companies, securing votes from our publication's readers representing both leading buy-side and sell-side financial institutions.""We continue to make significant investments across our integrated AML suite and are currently focused on developing intelligent automation, machine learning and artificial intelligence-based solutions that function as enablers to enhance the quality and consistency of AML programs while reducing the cost of compliance," said Joe Friscia, President, NICE Actimize. "We thank the readers ofWaters for demonstrating their continued support of our anti-money laundering technology and services for an impressive fifth year in a row." The 2018 Waters Technology Rankings awards competition consisted of a total of 30 awards covering five categories, including:Trading Services; Trading Tools; Data Management; Compliance, Risk Management and the Back Office; and Infrastructure and Connectivity.NICE Actimize's recently updated Suspicious Activity Monitoring (SAM) solution, which combines machine learning analytics for laser-accurate crime detection with robotic process automation, virtually eliminates the manual search for third party data, increasing team productivity, and reducing investigation time for a single alert by up to 70 percent. The new Suspicious Activity Monitoring solution introduces NICE Actimize's innovative concept of Autonomous Financial Crime Management to the anti-money laundering category for the first time. NICE Actimize's Autonomous Financial Crime Management approach represents a massive shift in unifying and mitigating risk through targeted utilization of big data, advanced analytics everywhere, artificial intelligence and robotic process automation which in concert reduce reputational risk.NICE Actimize's Anti-Money Laundering Solutions Suite consists of Suspicious Activity Monitoring, Customer Due Diligence, CTR Processing and Automation, and Watchlist Filtering, as well as the capability to address FATCA legislation. The suite also includes the "AML Essentials" Cloud Solution, targeting mid-sized financial institutions.Other NICE Actimize resources:
www.nice.com.
Press Contact:
Cindy Morgan-Olson
+1-551-256-5000
NICE Actimize
cindy.morgan-olson@niceactimize.comInvestors:
Marty Cohen
+1-551-256-5354
ir@nice.comYisca Erez
+972-9-775-3798 NICE Ltd.
ir@nice.com, ET
Trademark Note: Actimize, the Actimize logo, NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. and/or its subsidiaries. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: https://www.nice.com/nice-trademarks.Forward-Looking StatementsThis 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. Friscia, 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.
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www.nice.com.
Press Contact:
Cindy Morgan-Olson
+1-551-256-5000
NICE Actimize
cindy.morgan-olson@niceactimize.comInvestors:
Marty Cohen
+1-551-256-5354
ir@nice.comYisca Erez
+972-9-775-3798 NICE Ltd.
ir@nice.com, ET
Trademark Note: Actimize, the Actimize logo, NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. and/or its subsidiaries. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: https://www.nice.com/nice-trademarks.Forward-Looking StatementsThis 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. Friscia, 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.