Chartis cited NICE Actimize’s advanced
capabilities in alert management, including case management and
workflow, among its core strengths
NICE Actimize, a NICE (NASDAQ: NICE) business, and a
leader in Autonomous Financial Crime Management, has been
recognized by Chartis Research and positioned as a Category Leader
in its recently released “Financial Crime Risk Management Systems:
Enterprise Fraud; Market Update 2018” research report. The Chartis
RiskTech® Quadrant for Enterprise Fraud Solutions report
evaluated 23 vendors across two key dimensions: “Completeness of
Offering” and “Market Potential”.
As a Category Leader, Chartis cited NICE Actimize’s advanced
capabilities in alert management (including case management and
workflow) as a core strength. It also assessed other
functionalities in NICE Actimize’s portfolio of enterprise fraud
technology solutions, including payment fraud, internal fraud
analytics, real-time detection capabilities; fraud detection
techniques, and libraries of pre-packaged rules.
Barak Eilam, CEO, NICE“As fraudsters continue to get
smarter about many of the newest technologies, NICE Actimize
continues to make substantial investments in its enterprise fraud
solutions to prepare financial services organizations to handle the
growing environment of threats across the full spectrum of the
fraud environment. Our competitive differentiators include the
continued expansion of our fraud analytics platform; the build out
of our cloud-based fraud management offerings; and comprehensive
payment coverage to protect our customers through the payments
revolution. NICE Actimize will continue to provide market-leading
enterprise fraud solutions to meet this growing demand. We are
honored that Chartis has recognized us as a Category Leader in this
year’s RiskTech Enterprise Fraud report.”
According to the Chartis RiskTech® Quadrant for
Enterprise Fraud Solutions report, its Category Leaders are defined
as combining depth and breadth of functionality, technology and
content with the required organizational characteristics to capture
significant share in their market. Additionally, Chartis states
that its Enterprise Fraud Category Leaders demonstrate a clear
strategy for sustainable, profitable growth, matched with
best-in-class solutions and the range and diversity of offerings,
sector coverage and financial strength to absorb demand volatility
in specific industry sectors or geographic regions. Category
Leaders will typically benefit from strong brand awareness, global
reach and strong alliance strategies with leading consulting firms
and systems integrators.
Rob Stubbs, Head of Research, Chartis“The anti-fraud
sector remains a hotbed of risk management activity. As criminals
become ever more technically proficient, Financial Institutions
(FIs) find themselves in a constant ‘arms race’, attempting to stay
one step ahead. In recent years, the main theme in anti-fraud has
been diversity, as a wide range of new threats (and possibilities)
have emerged, and technological changes inside and outside FIs have
exposed them to faster payments, risky intermediaries, and new
technical environments that include cloud deployments, ‘container’
technologies and open Application Programming Interfaces
(APIs).
“As a Category Leader in this report, we note that NICE Actimize
is innovating to address many of these issues, while offering a
deep and broad portfolio of enterprise functionalities and
solutions.”
Additional assets:
- For NICE Actimize’s Enterprise Fraud
Prevention & Detection Solutions, click here.
- For NICE Actimize ActOne Investigation
Management, click here.
About ChartisChartis Research is the leading provider of
research and analysis on the global market for risk technology. It
is part of Infopro Digital, which owns market-leading brands such
as Risk and WatersTechnology. Chartis’ goal is to support
enterprises as they drive business performance through improved
risk management, corporate governance and compliance, and to help
clients make informed technology and business decisions by
providing in-depth analysis and actionable advice on virtually all
aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are
registered trademarks of Chartis Research
(http://www.chartis-research.com).
About NICE ActimizeNICE 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 NICENICE (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 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. Eilam, 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/20181029005359/en/
Press Contact:Cindy Morgan-Olson, +1-551-256-5000, NICE
Actimize, cindy.morgan-olson@niceactimize.comInvestors:Marty
Cohen, +1-212-574-3635, ir@nice.comorYisca Erez, +972-9-775-3798,
NICE Ltd., ir@nice.com
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