NICE Actimize Announces IFM-X Integrated Fraud Management Platform Powered by Augmented Intelligence
28 Janvier 2019 - 12:30PM
Business Wire
With a data-first approach and expert-infused
machine learning, IFM-X offers more efficient enterprise fraud
management
NICE Actimize, a NICE business (Nasdaq: NICE) and leader
in Autonomous Financial Crime Management, today announced
IFM-X, its next-generation Integrated Fraud Management (IFM)
platform that leverages automation and machine learning to optimize
effectiveness while reducing the total cost of implementing and
operating an enterprise fraud risk management system. By utilizing
NICE Actimize’s IFM-X, financial institutions will be able to
integrate limitless data into their fraud detection systems and
utilize agile advanced analytics, while optimizing fraud operations
efficiency.
Leveraging NICE Actimize’s deep experience in fraud management,
the IFM-X platform marks another advancement in its Autonomous
Financial Crime Management strategy. The modernized platform allows
financial services organizations to more easily integrate data, and
better cope with data growth in a more cost-effective manner.
NICE Actimize’s IFM-X provides machine-led detection,
decisioning and self-learning capabilities that can adapt and scale
to meet the needs of a financial services organization’s
operations. Through an open, services-based architecture, NICE
Actimize IFM-X leverages the recently introduced NICE Actimize
X-Sight Platform-as-a-Service for developing and optimizing fraud
analytics fueled by market-wide collective intelligence.
“Rapidly changing demands in the fraud marketplace led NICE
Actimize to develop the new IFM-X platform in response to our
customers’ challenging requirements,” said Craig Costigan, CEO,
NICE Actimize. “This new platform unleashes the power of our
market-leading fraud expertise coupled with expert-led machine
learning technology to enable superior protection against
constantly evolving and malicious fraud attacks.”
Leading capabilities for the NICE Actimize IFM-X platform
include:
- Easy Data Integration – Using
automated tools and a real-time big data repository, financial
institutions can integrate new data sources, both structured and
unstructured, to their fraud hub in minutes.
- Augmented Intelligence –
Combining machine learning with human expertise equates to better
detection. Expert features, built over many years in the field by
data scientists as part of customer implementations, are fused with
machine learning features which are discovered by running
algorithms on deep sets of trained and untrained data to provide
laser accuracy in detection.
- Open AI – The new X-Sight
Studio, included with IFM-X, provides data driven, machine-led
analytics development with expert fraud features. Machine
Learning analytics may be developed, tested and validated in the
cloud and seamlessly deployed in IFM-X’s AI engine for immediate
use in detection. This accelerates the time to value for
analytics.
- Entity InsightsTM – The IFM-X
platform moves financial institutions beyond transaction-based
analysis to a visual holistic view of entity risk for faster,
simpler and more precise resolution providing massive efficiency
gains for operations teams.
For additional information:
- For more on NICE Actimize’s IFM-X
Platform, please click here.
- To review an IFM-X YouTube video,
please click here.
- For more on NICE Actimize’s X-Sight
Platform-as-a Service, please click here.
- For more on NICE Actimize’s Fraud
Augmented Intelligence, please click here.
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-premises 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 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
https://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. Costigan, 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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version on businesswire.com: https://www.businesswire.com/news/home/20190128005240/en/
Corporate Media ContactCindy Morgan-Olson, 551-256-5202,
cindy.morgan-olson@niceactimize.com
InvestorsMarty Cohen, +1 551 256 5354, ET,
ir@nice.comYisca Erez +972 9 775 3798, CET, ir@nice.com
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