NICE Actimize emerged as the 2022 Suitability
Winner through the successful implementation of its holistic
surveillance solutions offerings
NICE Actimize, a NICE (NASDAQ: NICE)
business, was named the winner in the Suitability (Pan Asia)
category by WealthTechAsia Awards for the second consecutive year.
Sponsored by WealthBriefing, a publication of Clearview Financial
Media and a leading global provider of business intelligence in the
private banking and wealth management space, the awards program
rewards achievement, top class performance, and innovation across
Asia.
NICE Actimize emerged as the 2022 Suitability Winner in
supporting wealth advisors and asset managers through the
successful implementation of its holistic surveillance solutions
offerings. NICE Actimize showed how it prioritized its investment
in the Wealth Management and Suitability area throughout Asia,
applying cloud, artificial intelligence, and advanced analytics to
solving critical needs.
NICE Actimize SURVEIL-X Suitability solution is part of the
SURVEIL-X Holistic Conduct Surveillance platform and provides
coverage for a broad range of sales practices issues, helping firms
meet current global regulatory requirements and helping advisors
align investment recommendations with client’s investment
objectives and suitability profiles.
“As wealth management firms adapt to new customer demands, NICE
Actimize’s advancements in sales practices & suitability ease
the transition,” said Chris Wooten, EVP, NICE. “Reflecting
our continuing commitment to the Asian market, we are seeing
widespread adoption of our innovative surveillance solutions,
meeting regulatory obligations while managing client risk,
encouraging lifelong customer relationships, and building a robust
suitability compliance program.”
“For the second year running, our winner NICE Actimize has
continued to advance its suitability offering to ensure it is at
the forefront of this market,” said ClearView Financial Media’s
CEO, and Publisher of WealthBriefing, Stephen Harris. “These
awards recognize the very best operators in Asia wealth management,
with ‘independence’, ‘integrity’ and ‘genuine insight’ the
watchwords of the judging process - such that the awards truly
reflect excellence in Asia wealth management.”
NICE Actimize SURVEIL-X Suitability for Wealth and Insurance is
a comprehensive AI-powered surveillance and suitability solution
that builds on the capabilities of NICE Actimize’s industry-leading
SURVEIL-X Holistic Conduct Surveillance suite. A growing body of
global regulations and recommendations are requiring financial
services organizations to monitor regulated employees more closely;
review their investment recommendations, transactions and accounts
for suitability and undue risks; and ensure that mandated
disclosures are being properly communicated.
Among the supported regulations within APAC are the Monetary
Authority of Singapore's Private Banking Sales and Advisory
Practices guidance and the Securities and Futures Commission’s and
Hong Kong Monetary Authority’s suitability obligations.
Earlier this year, NICE Actimize won the inaugural WealthTech
Americas award, as well as the WealthBriefing Europe award, all for
Suitability further demonstrating its global leadership in this
category.
For more information on NICE Actimize’s SURVEIL-X solutions,
please click here.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220609005117/en/
Corporate Media Contact: Cindy Morgan-Olson, +1 646 408
5896, cindy.morgan-olson@niceactimize.com, ET
Investors: Marty Cohen, +1 551 256 5354, ir@nice.com, ET
Omri Arens, +972 3 763 0127, ir@nice.com, CET
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