The award highlighted NICE Actimize SURVEIL-X
Communications Surveillance solution’s leading technologies in a
very competitive field
NICE Actimize, (Nasdaq: NICE) was named a category winner
in A-Team Group's 2021 RegTech Asia Insight Awards for “Best
e-Comms Surveillance Solution.” Following its shortlisting by a
panel of judges, NICE Actimize and its cloud-based SURVEIL-X
Communication Surveillance solution was the recipient of the most
online votes in its category derived from reader/online nominations
from within the RegTech Insight community and verified by A-Team
Group editors and its RegTech advisory board.
The NICE Actimize Communications Surveillance solution uses
Natural Language Processing (NLP) and machine learning models tuned
for financial markets to more accurately extract conversations’
insights and pinpoint suspicious electronic and voice
communications. NICE Actimize’s years of subject matter experience
has enabled it to train its models to understand the specialized
language used in financial services environments. The solutions
language models are based on machine learning, neural network
automated speech recognition technology that is trained to
understand the language used in financial services environments
using customer provided data.
"Providing virtually all communication surveillance coverage
requirements in one solution, NICE Actimize’s powerful SURVEIL-X
Communication monitors regulated employee communications across all
voice and electronic communication channels – turrets, desktop
phones, mobile, email, instant messaging, chat, texts, social
media, unified communications, and even document attachments,”
stated Chris Wooten, Executive Vice President, NICE.
“We thank the judges and
voters for the RegTech Asia Insight Awards for acknowledging the
innovation in our Communication Surveillance solution.”
“Many congratulations to NICE
Actimize for winning Best e-Comms Surveillance Solution in our
inaugural RegTech Insight Awards APAC 2021. It’s a real vote of
confidence from across our readership of 30,000+ senior technology
officers and RegTech specialists, who selected NICE Actimize as the
clear winner in a very competitive field,” said Andrew Delaney, President and
Chief Content Officer of A-Team Group, which hosts the RegTech Insight
Awards.
With this year's inaugural competition, the 2021 RegTech Asia
Insight Awards honored leading technologies and vendors in a range
of regulatory technology categories. The RegTech Asia Awards
evaluation criteria for shortlisting 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.
NICE Actimize’s SURVEIL-X Communication seamlessly connects to
existing communication archiving systems (both NICE’s and third
party) to ingest structured, unstructured, and semi-structured
data. The solution’s machine learning capabilities also provide
better classification of conversations on business topics and apply
relevancy scoring to ensure non-business-related communications are
automatically excluded for the analyst. The combination of these
capabilities ensures the most relevant conversations are presented,
eliminating the false positives generated by pure keyword-based
lexicon approaches.
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 With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered
self-service and agent-assisted CX software for the contact center
– and beyond. Over 25,000 organizations in more than 150 countries,
including over 85 of the Fortune 100 companies, partner with NICE
to transform - and elevate - every customer interaction.
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,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“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 changes in economic and business conditions,
including as a result of the COVID-19 pandemic; competition;
successful execution of the Company’s growth strategy; success and
growth of the Company’s cloud Software-as-a-Service business;
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; the Company’s dependency on third-party cloud
computing platform providers, hosting facilities and service
partners;, cyber security attacks or other security breaches
against the Company; the effect of newly enacted or modified laws,
regulation or standards on the Company and our products and various
other factors and uncertainties discussed in our filings with the
U.S. Securities and Exchange Commission (the “SEC”). 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 SEC, 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/20211108005511/en/
Corporate Media Contact: Cindy Morgan-Olson, +1 646 408
5896, ET, cindy.morgan-olson@niceactimize.com
Investors: Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Yisca Erez, +972-9-775-3798, CET, ir@nice.com
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