NICE Actimize, a NICE (Nasdaq: NICE) business and the industry
leader in Autonomous Financial Crime Management, was named the
category winner for “Best Trade Surveillance Solution for MAD/MAR
Technology” in A-Team Group’s 2019 RegTech Insight Awards
for the second consecutive year. Following its shortlisting, derived
from reader/online nominations from within the RegTech
Insight community which were verified by A-Team Group editors and
the RegTech advisory board, NICE Actimize was the recipient of the most
online votes in its category.
With this year’s competition, the 2019 RegTech Insight Awards continued
to acknowledge leading technologies and third-party vendors in the areas
of their expertise. The RegTech Awards evaluation considered depth of
involvement in capital markets, relevance of a solution or service to a
selected award category, and the potential interest of a solution or
service to the publications’ RegTech community.
Chris Wooten, Executive Vice President, NICE, said, “For the
second year in a row, our customers and partners showed their continuing
confidence in our ability to support their requirements for meeting the
demands for MiFID II and MAR compliance with our markets surveillance
portfolio. We thank the readers of A-Team Group publications for their
support on behalf of our category. As we continue to transform our
solutions in financial markets compliance, with innovations in
artificial intelligence, machine learning and cloud, we will work
closely with our customers to optimize operations and lower costs while
meeting the demands of the regulatory environment.”
“We are delighted that our cross-platform readership of over 20,000
senior technology officers and data specialists clearly rated NICE
Actimize Markets Surveillance for MAD/MAR as the Best Trade Surveillance
Solution for MAD/MAR in a very competitive field. We congratulate them
on their prestigious RegTech Insight Award win,” said Angela
Wilbraham, CEO of A-Team Group, which hosts the RegTech Insight
Awards.
For additional information on NICE Holistic Trade Surveillance Solutions
for MAR/MiFID:
-
NICE
Actimize Markets Surveillance helps firms comply with the MiFID II
microsecond requirement, while improving firms’ ability to detect and
mitigate market abuse. Advanced detection models cover every
regulation and asset class out-of-the-box, including over-the-counter
and exchange-traded instruments, as well as cross-product and
cross-market manipulation. -
NICE
Communications Surveillance uses next generation machine learning
and Natural Language Understanding capabilities to accurately detect
risky communications across all channels from eComms to voice.
-
NICE
Trading Recording (NTR) and NICE
COMPASS Compliance Assurance: With MiFID II and MiFIR, firms must
ensure recording of all regulated employees, communication channels
and devices, easily prove they are being successfully recorded and
retained, and quickly retrieve and share all recorded communications
related to a trade. -
NICE
Actimize Sales Practices & Suitability uncovers when
investment advice is not suitable for clients, detects prohibited
sales practices and establishes a risk-based process for reviewing
transactions. -
NICE
Actimize ActOne Investigation & Case Manager is built right in
so compliance analysts can reduce their investigation time by up to 70
percent, reconstruct complete trade timelines in minutes and rapidly
respond to regulatory requests.
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 worldwide leading
provider of both cloud and on-premise 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 22,000 organizations in more than 150
countries, including over 80 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. Wooten 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/20190507005425/en/