Partnering with the X-Sight Marketplace, RDC
will offer capabilities for customer and third party risk screening
and monitoring
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 Regulatory DataCorp, Inc. (RDC),
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.
RDC, the Smarter Screening™ company, delivers powerful,
decision-ready intelligence and world-class risk and compliance
protection, allowing organizations to identify banned/suspect
entities, strengthen fraud protection, ensure regulatory
compliance, manage supply and distribution risk, and protect their
brand equity. With the world’s largest risk-relevant database of
sanctions & watchlists, PEPs and Adverse Media risk profiles,
RDC offers the NICE Actimize marketplace community best-in-class
AML/KYC/KY3P compliance solutions for their customer, third party
onboarding and ongoing risk monitoring processes.
RDC, in partnering with NICE Actimize’s X-Sight Marketplace
ecosystem, was selected for its ability to complement financial
crime and compliance solutions. RDC, as a software and service
provider, is available now to the NICE Actimize community. FSOs can
quickly browse through X-Sight Marketplace solution categories to
find scalable options that solve their unique business
problems.
“RDC values this partnership with NICE Actimize as we both bring
innovation and business value to financial services organizations
looking for a faster selection and assessment process that innovate
and bolster their financial crime operations,” said Tom
Walsh, CEO, RDC. “There is strong alignment between the
industry-leading financial crime solutions and platforms that NICE
Actimize offers its community and the solutions RDC provides to its
customers. We look forward to building our presence on this
innovative community platform.”
“We are excited that RDC, 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 RDC Regulatory DataCorp, Inc., (RDC),
the Smarter Screening™ company, prevents criminal infiltration of
the world’s financial systems by delivering automated, intelligent
customer screening and decision-ready intelligence. RDC supports
more than 35,000 compliance professionals across more than 100
countries in strengthening their KYC/AML, fraud and Politically
Exposed Persons (PEPs) protection, ensuring sanctions and watchlist
compliance, protecting their brand and reputation and managing
supply chain and vendor risks. Founded by 20 of the world’s leading
financial institutions, today RDC is a Vista Equity Partners
portfolio company. Learn more about RDC by emailing info@rdc.com or
visiting www.rdc.com.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190815005299/en/
Corporate Media Contact 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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