NICE Actmize is Transforming the Compliance Landscape


Blog Post by Arno Sybrandy on 18 November 2019 in category Holistic Surveillance

NICE Actimize Awarded "Best Compliance RegTech Global" by Capital Finance International for Second Consecutive Year

NICE Actmimze Financial Markets Compliance business, including its end-to-end holistic trade and communications surveillance solutions, was honored for the second consecutive year with the "Best Compliance RegTech Global" award, by Capital Finance International (CFI) magazine. CFI.co, both an online and quarterly publication focusing on issues affecting the economy and capital finance across Europe and the United States.
Holistic Surveillance and Natural Language Processing capabilities

Today’s regulations have created a state of constant change for financial services organizations, elevating the importance of effective compliance monitoring and trade-related surveillance technology. The judging panel at CFI.co acknowledged the innovations that NICE Actimize has contributed to the industry to address these challenges through its advanced holistic surveillance solutions that utilize artificial intelligence, machine learning, natural language processing and other advanced technologies within its financial crime compliance solutions portfolio.

The CFI.co judging panel for this award once again stated that it was impressed by NICE Actimize's performance in providing cutting edge solutions that transform the compliance landscape, including its recent innovations such as ActimizeWatch Compliance and its recently introduced SURVEIL-X, the industry's first AI-powered, cloud-native, true Holistic Surveillance solution. SURVEIL-X detects virtually all forms of risky behavior to ensure compliance with key global regulations, including MIFID II, Dodd-Frank, Regulation Best Interest and others, while also protecting financial services organizations from previously undetectable risks that could result in fines and reputational damage.

I am proud that our Holistic Surveillance solutions stand out as both innovative and for solving complex challenges as we lead the industry with AI-powered analytics and anomaly detection, and other next-generation surveillance capabilities. We appreciate the continued recognition from CFI.co on behalf of our advanced compliance and surveillance solutions, that address the recent regulatory changes around the world. Today's regulations not only mandate monitoring of all communications across an organization but also require that these rules are addressed quickly and accurately. We continue to invest in our compliance solutions, infusing them with machine learning and other advanced technologies with the goal of helping our clients meet the regulations of today as well as preparing them for the future.

According to Barry Elliott, Awards Liaison Officer, CFI.co, "NICE Actimize continues to build on its years of experience in communications and markets surveillance with its advanced SURVEIL-X holistic surveillance portfolio, resulting in its status as a preferred partner to financial institutions. NICE Actimize is a leading provider of financial crime and compliance solutions across a range of offerings, and once again we congratulate them for continuing to advance the fight against financial crime and market abuse."

As this award embodies, our judging panel is confident that NICE Actimize will remain at the forefront of delivering RegTech's potential to transform the compliance landscape and continue to enable economies to benefit from improved transparency and trust."