NICE Actimize Expands the Enterprise Consulting & Advisory Practice to Provide Advanced Data and Application Managed Services
September 05 2019 - 6:30AM
Business Wire
NICE Actimize’s eCAP offerings address clients’
most pressing technology implementation issues with advanced
analytics and process automation
Strengthening its role as a proven end-to-end full-service
provider, NICE Actimize, a NICE (Nasdaq: NICE)
business and the leader in autonomous financial crime management,
has added new service offerings to its world-class Financial Crime
Enterprise Consulting & Advisory Practice
(eCAP). Designed to meet the financial crime and compliance
challenges facing today’s financial services organizations, the
three new expanded offerings include: Data Services, Application
Managed Services, and Client Self-Sufficiency Services.
Leveraging its global experience across financial crime
management and solutions implementation, the NICE Actimize
consulting and advisory teams utilize years of in-the-field
knowledge to guide and educate financial services organizations’
clientele while streamlining their operations. According to a
recent industry report, 89% of IT leaders face data sourcing
challenges, making this a priority for FSO’s. In fact, these
data-related concerns have become even more critical in the age of
artificial intelligence and machine learning.
With these issues in mind, the three key areas that represent
the most pressing strategic and operational challenges addressed by
these new services are:
- Data Services: Consultancy, Sourcing &
Integration: Focused on issues aligned to sourcing and
integration, the practices’ data experts provide a range of
guidance, best practices, and ETL (extract transform load)
development to ensure that a financial services organization
secures an output of accurate, quality data. The data consultancy
practice partners with FIs to create a data extraction (ETL)
strategy, establish design principles, and develop ETL processes.
The practice also determines approaches to overcome delays and meet
deadline goals, while offering overall value realization while
meeting regulators’ expectations and ever-changing mandates.
- Application Managed Services: Designed specifically for
clients who require operational excellence and are willing to
outsource the running and maintenance of their applications, this
expanded service provides dedicated NICE Actimize Application
Management to proactively help clients manage their solutions and
to avoid negatively impacting their operations. The service focuses
on operational services, system maintenance, and service request
management. NICE Actimizes’ Application Managed Services
proactively increases application performance, maximizes investment
and reduces operational burden.
- Client Self-Sufficiency Services: NICE Actimize’s
tailored, Client Self-Sufficiency Services are designed with the
independent client in mind; those who want to "learn it," then "do
it" themselves. Through formal and informal training, consultative
sessions, and certification programs, clients develop advanced
skills and become NICE Actimize solutions experts. To kick off the
process, an education specialist takes clients through a training
needs assessment and a skills gap analysis. Leveraging this
analysis, NICE Actimize experts provide methods, content, and
resources so clients can better train their teams, develop ongoing
education programs, and provide stronger financial crime and
compliance programs.
Craig Costigan, CEO, NICE Actimize “As we continue to
build upon our role as trusted advisors, we have seen strong trends
emerging that indicate that data sourcing, along with operational
management and excellence, are top priorities within our customer
base. As financial services organizations look to adopt more
automation and bring time to value to their operations, our
consulting team serves as an experienced guide to accomplish these
objectives. As both an experienced practitioner and an innovator in
modern automation technologies, we welcome the opportunity to help
clients bridge the gaps in this new environment.”
The NICE Actimize Enterprise Consulting & Advisory Practice
is positioned to evaluate clients’ financial crime resource
readiness and show them how to advance their operations and
technology assets in a more productive, cost effective manner. Many
of the new offerings’ resources may be utilized by both existing
customers of NICE Actimize, and those who may not be using Actimize
solutions but who may require guidance in any of the consultancy’s
areas of expertise.
For additional information:
- For NICE Actimize Enterprise Consulting & Advisory
Practice (ECAP), please click here.
- For more on eCAP Data Services: Consulting, Sourcing and
Acquisition, please click here.
- For more on eCAP Application Managed Services, please
click here.
- For NICE Actimize Autonomous Financial Crime Management,
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 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 22,000 organizations in more than 150
countries, including over 80 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/20190905005385/en/
Press: Cindy Morgan-Olson +1-551-256-5000
cindy.morgan-olson@niceactimize.com
Investors: Marty Cohen +1 551 256-5354 ir@nice.com
Yisca Erez +972-9-775-3798 NICE Ltd. ir@nice.com
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