NICE Actimize also received FTF Gold Standard Award for “Best Cutting-Edge Solution” for Foreign Exchange (FX) Trade Surveillance
NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, was named the first place winner in the category of Best Anti-Money Laundering/Anti-Fraud Solution in the FTF News 2015 Technology Innovation Awards. Additionally, NICE Actimize was a recipient of the FTF Gold Standard Award with a second place finish in the category of Best Cutting-Edge Solution for its Foreign Exchange (FX) Trade Surveillance software solution. The final award selections were determined by voting submitted by the FTF News’ readers and other industry participants.
The FTF News 2015 Technology Innovation Awards recognize professionals, financial technology vendors, service providers, and regulators that made significant strides and realized noteworthy achievements in operational excellence in 2014. NICE Actimize was short-listed in four separate categories. The Best AML/Anti-Fraud Solution award category was designed to cite the provider that demonstrated how its offerings help financial services firms detect money laundering, comply with domestic and international sanctions and implement strategies to counter illegal money movement and related interactions. The winning solution further helps firms combat insider trading and internal fraud.
The award for the Best Cutting-Edge Solution recognizes the supplier that is committed to developing innovative financial technology solutions for middle and back-office operations. The category judged a range of groundbreaking, standalone offerings and cutting-edge combinations of both new and established technologies.
“We had more than 250 nominations overall and nearly 10,000 votes, making this year’s awards season the most competitive FTF has ever seen,” said Maureen Lowe, Founder and President of FTF. “The winners should all be congratulated for their hard work and achievements in 2014 as there are so many great companies with excellent products facing tough competition in the Ops space. So, to be recognized as being the best by the industry itself is something to be truly proud of.”
"These prestigious awards, made even more valuable to us because they were a direct result of voting by the readers of the publication, are continued proof of the success of our financial crime solutions," said Joe Friscia, President, NICE Actimize. "We thank the readers of FTF News, along with our customers and partners, for demonstrating their confidence in our technology and services in anti-money laundering, fraud and financial markets compliance."
Recently, NICE Actimize’s Anti-Money Laundering line of business announced a partnership to significantly enhance its customer onboarding and Know-Your-Customer (KYC) solutions. Through the integration of a third-party data platform into NICE Actimize's Customer Due Diligence (CDD) anti-money laundering solution, the combined solution will create one of the most advanced customer risk assessment tools in the marketplace.
With a strong global presence for its anti-money laundering, fraud and financial markets compliance solutions, NICE Actimize has also achieved numerous industry analyst accolades. Among them, Chartis recognized NICE Actimize as a category leader across all four RiskTech Quadrants® contained in its annual 2014 Financial Crime Risk Management report including Enterprise Fraud, Anti-Money Laundering and Transaction Monitoring, Know-Your-Customer (KYC) and Client Onboarding, and Watchlist Monitoring.
Aite Group, another leading analyst firm, positioned NICE Actimize’s Financial Markets Compliance line of business as a leading vendor in its 2015 Impact Report, "Trade Surveillance and Monitoring Technology: An Expanding Landscape" for its offerings in Holistic Trade Surveillance and Communications Surveillance.
FTF News will celebrate with the award winners, their clients and industry participants at the Rainbow Room in New York City on June 2, 2015 following the close of FTF’s two-day SecOps USA conference.
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