NICE Actimize Named Best Fitness Product by WealthBriefing European Awards 2022

With its AI-powered financial crime and compliance solutions, NICE Actimize offers both surveillance and anti-money laundering solutions supporting the wealth management segment

HOBOKEN, New Jersey, April 4, 2022–(COMMERCIAL WIRE)–NICE Actimize, a NICE (NASDAQ: NICE) business, received the Best Suitability Product award at the WealthBriefing European Awards 2022 for its SURVEIL-X Suitability for Wealth and Insurance solution. Additionally, NICE Actimize also received a High Commendation award in the Compliance category, which also includes its industry-leading anti-money laundering capabilities. Sponsored by WealthBriefing, a publication of Clearview Financial Media and a leading global provider of business intelligence in the private banking and wealth management space, the awards program honors achievement, world-class performance, innovation and a focus on the customer experience.

Having successfully applied cloud, artificial intelligence and advanced analytics to solve the critical compliance and suitability needs of the Wealth Management market, NICE Actimize offers a full range of capabilities including the widest range of business surveillance solutions. and industry communications in support of wealth management. signatures, as well as KYC/CDD, transaction monitoring and sanctions assessment.

NICE Actimize’s award-winning SURVEIL-X Suitability for Wealth and Insurance is a comprehensive AI-powered surveillance and suitability solution that builds on the capabilities of NICE Actimize’s industry-leading SURVEIL-X Holistic Conduct Surveillance suite. Already adopted by the world’s leading financial services organizations, SURVEIL-X combines surveillance of communications, sales practices and adequacy, and regulatory best interest (Reg BI) surveillance into a single integrated cloud-native platform. Instrumental to your success, SURVEIL-X is a cloud-native suite, providing easy onboarding and managed services, simple integrations with open APIs, and industry-leading security protections.

NICE Actimize, the market leader in Anti-Money Laundering, continues to make significant investments in its integrated AML suite, with a focus on further embedding artificial intelligence across all coverage areas for clients to reap the true benefits of machine learning. and intelligent automation including better detection. , more efficient operations and lower cost of compliance.

CEO of ClearView Financial Media and publisher of wealth Report, stephan harrissaid: “These awards were independently and expertly judged solely on the basis of entrants’ submissions and their response to a series of specific questions, which were answered with a focus on customer experience rather than purely quantitative performance metrics. These awards recognize the very best operators in European wealth management, with ‘independence’, ‘integrity’ and ‘genuine insight’ as the watchwords of the judging process, so that the awards truly reflect excellence in European wealth management.”

“Global momentum for suitability-focused regulatory frameworks has grown. NICE Actimize has addressed this compliance challenge by automating the monitoring and supervision of sales practices to reduce the risk exposure faced by financial services organizations,” he said. Chris Wooten, Executive Vice President of NICE. “Our financial markets compliance solutions reduce the drain on resources, while insulating companies from regulatory violations, fines and reputational damage.”

SURVEIL-X suitability capabilities include comprehensive data coverage, advanced detection scenarios, predictive analytics, self-development and tuning, intelligent investigations, dashboards and visualization, and automated reporting.

  • To learn more about NICE Actimize’s SURVEIL-X solutions, click here.

  • To learn more about NICE Actimize’s anti-money laundering solutions, click here.

About NICE Actimize
NICE Actimize is the largest and most comprehensive provider of financial crime, risk and compliance solutions for regional and global financial institutions as well as government regulators. Consistently ranked number one in the space, the experts at NICE Actimize apply innovative technology to protect institutions and safeguard the assets of consumers and investors through financial crime identification, fraud prevention and regulatory compliance. The company provides real-time, cross-channel fraud prevention, money laundering detection, and merchant surveillance solutions that address concerns such as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence, and information abuse. privileged. Find us at www.niceactimize.com, @NICE_Actimize or Nasdaq:NICE.

About NICE
With NICE (Nasdaq: NICE), it has never been easier for organizations of all sizes around the world to create extraordinary customer experiences while meeting key business metrics. With CXone, the world’s #1 cloud-native customer experience platform, NICE is a global leader in AI-powered self-service and agent-assisted CX software for the contact center and beyond. More than 25,000 organizations in more than 150 countries, including more than 85 of the Fortune 100 companies, partner with NICE to transform and elevate every customer interaction. 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 brands, 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 statements by Mr. Wooten, are based on the Company’s current beliefs, expectations and assumptions. management. of NICE Ltd. (the “Company”). In some cases, such forward-looking statements may 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 in this document, including, without limitation, the impact of changes in economic and business conditions. , including as a result of the COVID-19 pandemic; competence; 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; decreased demand for the Company’s products; failure to timely develop and introduce new technologies, products and applications; difficulties or delays in the absorption and integration of acquired operations, products, technologies and personnel; loss of market share; inability to maintain certain marketing and distribution arrangements; Company’s reliance on third party cloud computing platform providers, hosting facilities and service partners; cyber attacks or other security breaches against the Company; the effect of newly enacted or amended laws, regulations or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the US Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the Company, please refer to the Company’s reports filed periodically 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.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220404005395/en/

Contacts

corporate media:
Cindy Morgan-Olson, +1 646 408 5896, NICE Actimize, ET, cindy.morgan-olson@niceactimize.com

investors
Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Omri Arens, +972 3 763 0127, CET, ir@nice.com

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