NEW YORK, February 21, 2012 /PRNewswire/ --
NICE Actimize, a NICE Systems
(NASDAQ:NICE) company and the largest and broadest provider of a
single financial crime, risk and compliance software platform for
the financial services industry, today announced that First
Hawaiian Bank, a wholly-owned subsidiary of BNP Paribas, has
expanded their relationship with NICE Actimize by selecting
Actimize Enterprise Risk Case Manager to support the bank's
enterprise-wide financial crime strategy.
First Hawaiian Bank currently uses NICE Actimize's anti-money
laundering solution to identify and report
suspicious transactions related to money laundering and
terrorist financing, and to meet current regulations
and adapt to the evolving regulatory environment. As
First Hawaiian planned its long-term financial crime technology
strategy and roadmap, its compliance team identified the value and
benefits of developing a long-term strategic partnership with a
vendor who provides a broad risk experience.
Actimize Enterprise Risk Case Manager is designed to consolidate
an operation's existing detection systems into a single application
for managing alerts, case development, regulatory reporting such as
suspicious activity monitoring, exception reporting and
investigations, and other compliance-related functions. By adopting
a case and investigation management solution that could support the
organization's fraud and AML needs, the institution will be able to
detect patterns of activity across organizational silos allowing
them the ability to reduce operational costs, stem financial
losses, and limit the risk of regulatory fines.
"One of our objectives is to break down the walls between
anti-money laundering and fraud, and we just couldn't do that
without first adopting a common technology platform upon which we
could build for the future," said Gina Anoneuvo, Executive Vice
President and Chief Compliance Officer, First Hawaiian Bank. "We
believe that centralized case management will support more
efficient and collaborative data analysis across organizational
silos, while providing long-term cost reduction benefits as our
organization grows."
"Financial institutions of all sizes are recognizing that
effective enterprise-wide financial crime management is one of the
single biggest factors impacting loss prevention and operational
efficiency in today's financial institutions," said Amir Orad,
President and CEO of NICE Actimize. "Our experience in helping both
regional and global banks develop and execute upon an enterprise
wide financial crime strategy will allow us to help First Hawaiian
address these challenges today, while laying the groundwork for
future growth."
About First Hawaiian Bank
First Hawaiian Bank (http://www.fhb.com) with $15.8 billion in total assets was founded in 1858
and is Hawaii's oldest and largest
bank. It is a wholly owned subsidiary of BNP Paribas, a leading
global financial services institution. BNP Paribas is one of the
best rated banks in the world with an AA-credit rating from
Standard & Poor's.
NICE Actimize, a NICE Systems (NASDAQ: NICE)
company, is the world's largest and broadest financial
crime, risk and compliance solutions provider. The company provides
real-time and cross-channel fraud prevention, anti-money
laundering, enterprise investigations, risk management and trading
surveillance solutions built upon a single flexible software
platform. Implemented by the majority of the world's largest
financial institutions, including all of the top 10 banks, the
company's solutions enable clients to mitigate financial crime
risk, improve compliance, and reduce operational costs.
http://www.actimize.com.
About NICE Systems
NICE Systems (NASDAQ: NICE) is the worldwide leader of
intent-based solutions that capture and analyze interactions and
transactions, realize intent, and extract and leverage insights to
deliver impact in real time. Driven by cross-channel and
multi-sensor analytics, NICE solutions enable organizations to
improve business performance, increase operational efficiency,
prevent financial crime, ensure compliance, and enhance safety and
security. NICE serves over 25,000 organizations in the enterprise
and security sectors, representing a variety of sizes and
industries in more than 150 countries, and including over 80 of the
Fortune 100 companies.http://www.nice.com.
Trademark note: Actimize, the Actimize logo, NICE, and
the NICE logo are trademarks or registered trademarks of NICE
Systems. All other marks are trademarks of their respective owners.
For a full list of NICE Systems' marks, please see:
http://www.nice.com/nice-trademarks.
Press Contacts:
Cindy Morgan-Olson
+1-212-851-8842
NICE Actimize
cindy.morgan-olson@actimize.com
Investors:
Marty Cohen
+1-212-574-3635 (ET)
Anat Earon-Heilborn
+972-9-775-3798 (CET)
NICE Systems Ltd.
ir@nice.com
SOURCE Nice Systems Ltd.