Partnering with the X-Sight Marketplace,
Steele’s Transparint AI-driven screening tools deliver robust
solutions to manage AML compliance risk
Helping financial services organizations keep up with a changing
market landscape, NICE Actimize, a NICE business (Nasdaq:
NICE) and the leader in autonomous financial crime
management, today announced that Transparint, a Steele Compliance
Solutions, Inc. company, and a leading provider of real-time
monitoring and search tools for negative news, watchlist, sanction,
and politically exposed persons data for AML and financial crime
compliance professionals, 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.
By adding Transparint’s negative news content to NICE Actimize's
AML solutions, financial services organizations can complete
KYC/CDD/EDD reviews and AML investigations faster and more
accurately -- by finding what is relevant and automatically
filtering out the noise that overwhelms conventional data searches.
Compliance teams will have more time to analyze and make strategic
decisions on the right data, rather than spend time mining news
sources and clearing false positives.
Technology providers such as Steele Compliance Solutions, that
partner with NICE Actimize’s 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.
“Steele looks forward to developing this partnership with NICE
Actimize as we bring innovation and business value to financial
services organizations looking for technology enhancements that
bolster their financial crime operations,” said Eric
Lochner, CEO, Steele Compliance Solutions. “There is
strong synergy and alignment between the industry-leading financial
crime solutions and platforms that NICE Actimize offers its
community. We look forward to building our presence on this
innovative community platform.”
“We are excited that Steele, which 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 Steele Compliance Solutions, Inc.
Steele is the global leader in Integrated Risk Management. We
partner with the world’s largest, most respected, companies
worldwide to deliver compliance products and services that help
organizations embrace a culture of compliance while protecting
their brand. For more information please visit
www.steeleglobal.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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190826005158/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
NICE (NASDAQ:NICE)
Historical Stock Chart
From Mar 2024 to Apr 2024
NICE (NASDAQ:NICE)
Historical Stock Chart
From Apr 2023 to Apr 2024