SOURCE: Actimize


December 09, 2009 11:03 ET

Financial-i Names Actimize, a NICE Company, Most Innovative Anti-Money Laundering Solution Provider

Actimize Provides a Full Range of Cost Effective, Rapid AML Deployments to Large and Mid-Sized Banking, Securities and Insurance Firms

NEW YORK, NY--(Marketwire - December 9, 2009) - Actimize, a NICE Systems company and the largest and broadest financial crime, compliance and risk management solutions provider to the financial services industry, today announced that it has been named Most Innovative Anti-Money Laundering (AML) Solution Provider by Financial-i magazine. The companies evaluated were not self-nominated but were selected solely on research conducted by Financial-i's team of journalists and independent analysts.

"Actimize was chosen for its major accomplishments in the AML space this year," said Anita Hawser, managing editor of Financial-i. "Actimize continues to demonstrate its commitment to innovation, delivering an impressive set of vertical-specific functionality to retail and investment banks, securities firms and insurance companies. Additionally notable in 2009, Actimize acquired Fortent and Syfact, both established pioneers in AML and case management markets respectively."

Actimize provides an integrated AML solution suite, including transaction monitoring, watch list filtering and sanctions monitoring and know your customer / customer due diligence, to help financial institutions comply with anti-money laundering rules and guidelines from regulators around the world. Actimize packaged solutions have been proven effective across global and regional banking, securities and insurance industries. Actimize's AML solutions can be deployed cost effectively in less than 90 days.

"We are very happy to be recognized by Financial-i for our successful accomplishments and strategy," said Amir Orad, executive vice president and chief marketing officer. "Our focus as a company has always been twofold -- first to develop a feature-rich, robust financial crime platform, and second to hone our industry-specific expertise and tailored models for banking, securities and insurance. This award and the ongoing market acceptance of Actimize are clear testimonials to our leadership and achievement."

Financial-i annual Leaders in Innovation Awards spans more than 60 categories in global transaction banking. Full coverage of the winners will be featured in the Q4 2009 edition of Financial-i. The Leaders in Innovation Awards identify global transaction banks and financial hardware and software vendors that in the last 12 months have excelled, in terms of innovation in business solutions, across wholesale transaction banking encompassing treasury & FX, securities services, data management, risk management and network services.

Awards methodology:

Perhaps uniquely, the companies evaluated were not self-nominated but were selected solely on research conducted by Financial-i's team of journalists and independent analysts. The shortlist is then passed to an advisory panel comprising analysts, consultants and market practitioners. Winners in each category are chosen based on the feedback from the panel.

About Actimize

Actimize, a NICE Systems company is the world's largest and broadest financial crime, risk and compliance solutions provider. Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improve compliance. Actimize provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, risk management and trading surveillance solutions; built upon the Actimize Core Platform which has been enhanced by the company's acquisitions of Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, Asia and the Middle East, Actimize serves the majority of the world's largest financial institutions including all of the top ten global banks.

About NICE Systems

NICE Systems is the leading provider of Insight from Interactions™ solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data -- from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 85 of the Fortune 100 companies. More information is available at

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to 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, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. 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.

Contact Information