For the fourth consecutive year, NICE Actimize
emerges as the highest-scoring vendor across Technology Excellence
and Customer Impact metrics in the SPARK Matrix™ ranking
NICE Actimize, a NICE (Nasdaq: NICE)
business, has been ranked by global advisory and consulting
firm Quadrant Knowledge Solutions as the overall Leader in
its recently released report titled “SPARK Matrix™: Enterprise
Fraud Management (EFM), 2022.” For the fourth consecutive year, the
Quadrant Knowledge Solutions research report, which provides
competitive analysis and a ranking of enterprise fraud management
vendors in the form of its proprietary SPARK Matrix, gave NICE
Actimize the highest ratings across the performance parameters of
technology excellence and customer impact.
To download a complimentary copy of the Quadrant Knowledge
“SPARK Matrix™: Enterprise Fraud Management (EFM), 2022,” please
click here.
According to the Quadrant Knowledge Solutions report, “The
company’s fraud strategy management capability allows fraud
strategy teams to quickly adapt their policies while maintaining a
balance between fraud risk, customer experience, and operational
capacity.”
Explains Pradnya Gugale, Analyst at Quadrant Knowledge
Solutions, “NICE Actimize's scalable Integrated Fraud
Management platform (IFM-X) provides a robust and constantly
growing set of integrated capabilities across fraud analytics,
strategy and decisioning management, and fraud investigation that
enables FIs to quickly adapt to the ever-changing fraud and
payments environment. The platform blends the industry's richest
fraud risk indicators library with cutting-edge AI/ML behavioral
analysis to detect and prevent fraud in real-time, across the
customer lifecycle and all payment channels to facilitate a
seamless customer experience."
Gugale added, "With its robust real-time fraud detection
and prevention capabilities, ability to cater to a variety of use
cases, strong customer value proposition, and continued innovations
to their broadest range of EFM solutions, NICE Actimize continues
to retain its position as a leader in the 2022 SPARK Matrix:
Enterprise Fraud Management (EFM)."
In its concluding analysis, Quadrant Knowledge stated, “With its
strong domain experience, NICE Actimize is well-positioned to offer
a continuously robust solution portfolio to detect and prevent new
and advanced fraud typologies.”
“With more than twenty years of experience built into our
solutions, NICE Actimize protects the entire customer lifecyle
including account opening and identity fraud, early account
monitoring and cross channel payments fraud. The advanced analytics
and powerful artificial intelligence within our IFM-X enterprise
fraud management platform protects the customer lifecycle across
all channels and payment types,” said Craig Costigan, CEO, NICE
Actimize.
Quadrant Knowledge Solutions’ SPARK Matrix provides a snapshot
of the market positioning of the key market participants. SPARK
Matrix provides a visual representation of market participants and
provides strategic insights on how each supplier ranks related to
their competitors, concerning various performance parameters based
on the category of technology excellence and customer impact.
For more on NICE Actimize's IFM-X Platform, please click
here.
About Quadrant Knowledge Solutions: Quadrant Knowledge
Solutions is a global advisory and consulting firm focused on
helping clients in achieving business transformation goals with
Strategic Business and Growth advisory services. At Quadrant
Knowledge Solutions, our vision is to become an integral part of
our client’s business as a strategic knowledge partner. Our
research and consulting deliverables are designed to provide
comprehensive information and strategic insights for helping
clients formulate growth strategies to survive and thrive in
ever-changing business environments. For more available research,
please visit https://quadrant-solutions.com/market-research/
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. 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,”
“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/20221025005116/en/
Corporate Media: 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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