HOBOKEN, New Jersey – (COMMERCIAL THREAD) –NICE Actimize, a NICE company (Nasdaq: NICE), today announced that its suite of holistic commerce and communications monitoring solutions has been recognized by the “Regulation Asia Awards for Excellence 2020“ for the second year in a row with the âBest market and transaction monitoring solutionâ award. The Regulation Asia Awards Program recognizes excellence in companies that ensure that the highest standards of compliance are met in the financial industry and that have shaped the regulatory landscape in Asia Pacific.
Regulation of Asia “Best solution“ The category recognizes solutions designed taking into account specific regulatory requirements, assessed on several criteria, including ease and speed of implementation, flexibility, robustness, scalability, transparency, technical support, cost and return on investment for end customers, the judges noted. According to Regulation Asia, NICE Actimize was specifically cited as the ‘winner’ for its use of artificial intelligence and analytics to detect market abuse, conduct risky and suspicious communications early on, thereby avoiding risk reputation, financial and regulatory.
Among the NICE Actimize solutions highlighted by this award, there are MONITOR-X, The industry’s first truly holistic, cloud-native, AI-based holistic business monitoring suite. SURVEIL-X accurately and efficiently detects virtually all forms of risky behavior to ensure compliance with major global regulations while protecting financial services organizations from previously undetectable risks that could result in fines and reputational damage.
âCurrent regulations continue to create constant change for financial services organizations, raising the importance of effective compliance oversight and trade-related surveillance technology,â said Bradley Maclean, Co-Founder, Regulation Asia. âFor the second year in a row, our panel of industry experts recognized the innovations offered by NICE Actimize through its holistic commerce and communications monitoring solutions, as well as its use of cutting-edge technologies to enhance its portfolio of solutions. financial crime compliance. This award also recognizes the work of NICE Actimize over the past year to keep up with rapidly changing regulatory requirements.
“We continue our commitment to the Asia-Pacific region and thank Regulation Asia’s panel of expert judges for once again recognizing our innovation in trade and communications surveillance,” said Chris Wooten, Executive Vice President, NICE. âNICE Actimize’s end-to-end monitoring suite is a clear leader when it comes to solving today’s increasingly complex challenges. We continue to infuse SURVEIL-X with machine learning and other advanced technologies to help our customers meet increasing regulatory requirements and the need to increase operational efficiency.
About the Regulation Asia Awards of Excellence
The Regulation Asia Awards for Excellence recognize technology companies, legal and consulting firms and exchanges that have shaped the regulatory landscape in Asia-Pacific, as well as outstanding technology projects in mature and emerging markets carried out by leading technology companies and innovative startups that help meet the demands of a specific regulatory change infrastructure.
About Regulation Asia
Regulation Asia is the primary source of actionable regulatory information for the Asia-Pacific markets. Since 2013, our audience and subscription base has grown to include regulators, exchanges, banks, asset managers and service providers, allowing us to play a key role in the regulatory agenda. Visit www.regulationasia.com or log in via LinkedIn or Twitter.
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 protect consumer and investor assets by identifying financial crime, preventing fraud and ensuring regulatory compliance. The company provides real-time cross-channel fraud prevention, money laundering detection and transaction monitoring solutions that address issues such as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us on www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.
NICE (Nasdaq: NICE) is the world’s leading provider of cloud and on-premises business software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes provide better customer service, ensure compliance, fight fraud and protect citizens. More than 25,000 organizations in more than 150 countries, including more than 85 Fortune 100 companies, use NICE solutions. www.nice.com.
Brand Note: Actimize, the Actimize logo, NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. and / or its subsidiaries. All other marks are trademarks of their respective owners. For a full list of NICE brands, please see: http://www.nice.com/nice-trademarks.
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements by Mr. Wooten, are based on the current beliefs, expectations and assumptions of management. by NICE Ltd. (the society “). In some cases, these forward-looking statements may be identified by words such as âbelieveâ, âexpectâ, âseekâ, âmayâ, ââ, âplanâ, âestimateâ or similar words. Forward-looking statements are subject to a number of risks and uncertainties which could cause the actual results or performance of the Company to differ materially from those described in this document, including, but not limited to, the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competetion; the successful execution of the Company’s growth strategy; the success and growth of the Company’s Cloud Software-as-a-Service business; changes in technology and market demands; declining demand for the Company’s products; the inability to develop and introduce new technologies, products and applications in a timely manner; 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 agreements; the Company’s dependence on third-party providers of cloud computing platforms, hosting facilities and service partners;, cybersecurity attacks or other security breaches against the Company; the effect of any 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 United States Securities and Exchange Commission (the âSECâ). 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 assumes no obligation to update or revise them, except as required by law.