NICE Actimize’s SURVEIL-X Holistic Trade
Surveillance solutions were recognized by online voters and A-Team
Group for its strengths in meeting regulatory demands
NICE Actimize, (Nasdaq: NICE) the industry leader in
Autonomous Financial Crime Management, was named the category
winner for "Best Trade Surveillance Solution for MAD/MAR
Technology" in A-Team Group's 2020 RegTech Insight Awards for the
third consecutive year. Following its shortlisting by a panel of
judges, NICE Actimize and its SURVEIL-X Holistic Surveillance
solution was the recipient of the most online votes in its category
derived from reader/online nominations from within the RegTech
Insight community and verified by A-Team Group editors and its
RegTech advisory board.
With this year's competition, the 2020 RegTech Insight Awards
acknowledged leading technologies and vendors in a range of
regulatory technology categories. The RegTech Awards evaluation
criteria for shortlisting considered depth of involvement in
capital markets, relevance of a solution or service to a selected
award category, and the potential interest of a solution or service
to the publications' RegTech community.
Chris Wooten, Executive Vice President, NICE, stated,
"This RegTech Insight Award is particularly meaningful this year,
as our surveillance solutions provided support to our financial
services organizations as they transformed into work@home
environments. As we continue to innovate within our holistic
surveillance solutions with advancements in artificial
intelligence, machine learning and in cloud delivery, we will work
closely with our customers to optimize operations and lower costs
while meeting the demands of the changing regulatory
landscape.”
Continued Wooten, “For the third consecutive year, the industry
demonstrated confidence in our ability to support the particular
requirements of the Market Abuse Directive and the Market Abuse
Regulation with our true holistic, cloud-native markets
surveillance portfolio. We thank the readers of A-Team Group’s
RegTech Insight, along with our customers, for their support.”
“We are delighted that our cross-platform readership of more
than 20,000 senior technology officers and data specialists
selected NICE Actimize’s SURVEIL-X Holistic Trade Surveillance as
the Best Trade Surveillance Solution for MAD/MAR within a very
competitive field. Once again, we congratulate them on their
prestigious RegTech Insight Award win," said Angela Wilbraham,
CEO of A-Team Group, which manages the RegTech Insight
Awards.
NICE Actimize’s SURVEIL-X Holistic Trade Surveillance, the
industry’s first AI-powered, cloud-native, true holistic
surveillance solution, offers powerful capabilities to support the
requirements for MAR, MAD, and MiFID II in both Markets
Surveillance and Communications Surveillance, as well as featuring
complete integration with NICE Trading Recording (NTR) and NICE
Compass Compliance Assurance solutions. NICE Actimize Markets
Surveillance solution helps firms comply with the MiFID II
microsecond requirement while improving firms’ ability to detect
and mitigate market abuse. Advanced detection models cover every
regulation and asset class out-of-the-box, including
over-the-counter and exchange-traded instruments, as well as
cross-product and cross-market manipulation. NICE Communications
Surveillance uses next-generation machine learning and Natural
Language Understanding capabilities to accurately detect risky
communications across all channels, from eComms to voice.
Additionally, NICE Trading Recording (NTR) and NICE COMPASS
Compliance Assurance support the requirements of MiFID II and
MiFIR. The solutions support firms which must ensure recording of
all regulated employees, communication channels and devices, and
easily prove they are being successfully recorded and retained
while offering quick retrieval and the ability to share all
recorded communications related to a trade.
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.
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
Craig 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,” “seek,” “may,” “will,” “intend,”
“should,” “project,” “anticipate,” “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
changes in economic and business conditions, including as a result
of the COVID-19 pandemic; competition; successful execution of the
Company’s growth strategy; success and growth of the Company’s
cloud Software-as-a-Service business; 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; the Company’s dependency
on third-party cloud computing platform providers, hosting
facilities and service partners;, cyber security attacks or other
security breaches against the Company; he effect of newly enacted
or modified laws, regulation or standards on the Company and our
products and various other factors and uncertainties discussed in
our filings with the U.S. Securities and Exchange Commission (the
“SEC”). 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 SEC, 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/20200601005334/en/
Corporate Media: Cindy Morgan-Olson, +1-551-256-5000,
NICE Actimize, 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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