Partnering with the X-Sight Marketplace, Alloy
will offer a single API to allow real-time decision making on
identity and risk
Helping financial services organizations keep
up with a changing market landscape, NICE Actimize,
a NICE business (Nasdaq: NICE) and leader
in autonomous financial crime management, today announced that
Alloy has joined the X-Sight Marketplace, the industry’s first
financial crime risk management-focused ecosystem designed to
assist financial services organizations evaluate new point
solutions and move to stay on top of a challenging regulatory and
criminal environment.
The X-Sight Marketplace leverages the X-Sight
Platform-as-a-Service and further expands the functionality offered
by the platform. The NICE Actimize X-Sight Platform-as-a-Service
offers a single, unified, cost-effective way for financial service
organizations to rapidly innovate and to introduce new services
while supporting best-in-class financial crime, risk and compliance
management capabilities.
Alloy, known for its identity and risk decisioning, will offer a
single API and dashboard to the X-Sight MarketPlace community.
Alloy will bring the NICE Actimize Marketplace community stronger
capabilities to allow them to make better decisions around KYC,
AML, fraud and more, from signup and throughout the life of the
customer. NICE Actimize customers will be able to utilize this
capability to reduce their fraud rates, improve customer experience
and grow their topline revenue.
Technology providers such as Alloy that join the NICE Actimize
X-Sight Marketplace ecosystem, are reviewed for their ability to
complement financial crime and compliance solutions. Once approved,
software and service providers become available to the NICE
Actimize community via the X-Sight Marketplace. FSOs can quickly
browse through X-Sight Marketplace solution categories to find
scalable options that solve their unique business problems.
“Alloy appreciates this partnership with NICE Actimize as we
bring innovation and business value to financial services
organizations looking for a faster selection and assessment process
that bolster their financial crime operations,” said Tommy
Nicholas, CEO, Alloy. “There is strong synergy and
alignment between the industry-leading financial crime solutions
and platforms that NICE Actimize offers its community and Alloy. We
look forward to building our presence on this innovative community
platform.”
“We are excited that Alloy, who shares our common goal of
fighting financial crime through the benefits of a Marketplace
ecosytem, is partnering with us and joining the X-Sight Marketplace
community,” said Craig Costigan, CEO, NICE Actimize.
“By connecting via a Cloud environment, community
participants will experience a quicker time to value and minimized
integration cost as they evaluate new solutions for their financial
services organizations.”
Additional categories that will be added to NICE Actimize’s
X-Sight Marketplace from other partner participants will include:
ID Verification, Ultimate Beneficial Ownership, Value-added Data
& Adverse Media, Watchlist, Device Identification, and User
Authentication & Fraud. Additional partners will be announced
as the X-Sight Marketplace grows.
About Alloy Alloy helps companies make
better decisions with better information, using a single API
service and dashboard to manage identity verification from signup
through the lifecycle of the customer. Alloy makes it easy for
financial services companies to quickly and safely decision more
customers and transactions, mitigating fraud and high-cost
financial risk.
Visit www.alloy.co to learn more and follow them on Twitter
@UseAlloy.
For more information on the X-Sight Marketplace, please
click here.
If you are a technology company or financial institution wishing
to be part of the first financial crime and compliance marketplace,
please contact us at
info@niceactimize.com.
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 NICE (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. 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, 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/20190806005378/en/
Corporate Media Cindy Morgan-Olson, 551-256-5202,
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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