NICE Actimize, a NICE business and the player in autonomous financial crime management has been voted the ‘Best Anti-Money Laundering Compliance Solution Provider’inWaters Magazine’s 2019Rankings competition forthe sixth consecutive year. It was selected through an online voting process conducted by the publication. NICE Actimize was honored for its Autonomous anti-money laundering suite of solutions.
“For the sixth year in a row, NICE Actimize was recognized by our readers as the top provider of anti-money laundering solutions,” said Anthony Malakian, Editor-in-Chief of Waters Technology Group, “Six in a row is a testament to their consistency and innovation.”
“We thank the readers of Waters, and our own customers, for demonstrating their continued support of our anti-money laundering technology and services,” said Craig Costigan, CEO, NICE Actimize, “We continue to make significant investments across our integrated AML suite, with a focus on further 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.”
NICE Actimize’s autonomous 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’ SaaS solution, targeting mid-sized financial institutions.
Additionally, the suite includes ActimizeWatch for AML, delivered by X-Sight. ActimizeWatch is a cloud based managed analytics service that continuously monitors criminal typologies and AML model performance. With AML expertise and machine learning, ActimizeWatch proactively optimizes Actimize anti-money laundering models, when needed, with minimal impact to on-premises resources at a financial services organization.
