NICE Actimize and Infosys Announce Strategic Partnership to Offer End-to-End Financial Crime Solutions
May 13 2020 - 7:15AM
Business Wire
The next-generation suite of financial crime
solutions will allow organizations to protect their customers using
the industry’s leading solutions and services
NICE Actimize, a NICE (Nasdaq: NICE) business and
a leader in Autonomous Financial Crime Management and
Infosys (NYSE: INFY), a global leader in next-generation
digital services and consulting, together today announced the
expansion in their strategic collaboration. This global partnership
will allow Infosys to offer its best-in-class delivery capabilities
and resell NICE Actimize’s end-to-end financial crime
software solutions through either a cloud or on-premises
environment to a growing customer base around the world.
Leveraging their respective experiences across financial crime
management, NICE Actimize and Infosys will provide their
market-leading regulatory and compliance solutions and services to
support multiple industry sectors. Among the benefits of this
collaborative approach, client organizations will create an
efficient path to overcome emerging and rapidly evolving digital
threats, and improve operational efficiencies while delivering
exceptional customer experience.
This offering will include ‘Infosys Actimize Digital Suite’, a
set of accelerators designed for faster time to market and
predictability in implementation. Combined with a cloud offering,
it will also help in reducing cost of ownership. This proposition
encompassing both software and services will further reduce vendor
management efforts for clients.
Ajay Vij, Senior Vice President and Head of Financial
Services Business EMEA for Infosys, said, “We look forward to
elevating our partnership with NICE Actimize, known for its
market-leading financial crime solutions. Leveraging Infosys SaaS
and managed services powered by NICE Actimize, we will be able to
deliver significant value for our clients by focusing on three key
dimensions – speed, cost savings, and future-proofing. NICE
Actimize’s financial crime leadership combined with Infosys’ proven
expertise in delivering business solutions will create significant
efficiencies for financial services organizations.”
Craig Costigan, CEO, NICE Actimize, said, “We believe
that this powerful partnership will rapidly expand our network of
NICE Actimize’s financial crime, data intelligence and cloud
solutions at a critical time while allowing us to provide enhanced
customer support and services across the globe. We welcome the
opportunity to roll out our leading financial crime solutions
within Infosys’ massive network.”
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 world’s 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.
About Infosys Infosys is a global leader in
next-generation digital services and consulting. We enable clients
in 46 countries to navigate their digital transformation. With
nearly four decades of experience in managing the systems and
workings of global enterprises, we expertly steer our clients
through their digital journey. We do it by enabling the enterprise
with an AI-powered core that helps prioritize the execution of
change. We also empower the business with agile digital at scale to
deliver unprecedented levels of performance and customer delight.
Our always-on learning agenda drives their continuous improvement
through building and transferring digital skills, expertise, and
ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help
your enterprise navigate your next.
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/20200513005337/en/
Investors: Marty Cohen, +1 551 256 5354, ET
ir@nice.com
Yisca Erez, +972-9-775-3798, CET ir@nice.com
Corporate Media Contact: NICE Actimize Cindy Morgan-Olson
+1-646-408-5896 cindy.morgan-olson@niceactimize.com
Infosys PR_Global@Infosys.com
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