In the competitive landscape of equity trade surveillance, category leaders are distinguished by their ability to balance infrastructure excellence with advanced analytics. While established technology firms continue to dominate, innovative challengers are emerging, hoping to disrupt the status quo. This is the observation of Chartis Research, whose recent report ”Trade Surveillance Solutions 2024, Quadrant Update”, (12/20/2024) highlights the diverse ecosystem of specialized vendors catering to unique areas within this complex landscape.
January 13th, 2025
NICE Actimize has been recognized as the overall leader in the QKS Group’s latest report, “SPARK Matrix™: Enterprise Fraud Management (EFM), 2024.” This accolade marks the sixth consecutive year that NICE Actimize has earned this distinction, reaffirming its status as a leading provider in the enterprise fraud management sector.
January 13th, 2025
Because of the regulations and complexities arising from new communication modalities, remote, distributed workforces are widening compliance gaps and placing financial and energy trading firms at risk for fines and reputational damage. Because of this scenario, NICE expanded the mobile communications capabilities integrated within its NTR-X cloud, compliance recording and assurance solution.
January 9th, 2025
The financial services industry is at an inflection point. Fraudsters and money launderers exploit the speed and accessibility of modern banking to orchestrate increasingly sophisticated schemes. At the same time, financial institutions (FIs) are overwhelmed by rising alert volumes, false positives exceeding 95%, and the operational strain of manual processes. Generative AI (Gen AI) offers a transformative solution, enabling FIs to outpace financial crime while optimizing operations for the digital age.
January 6th, 2025
Chartis Research, a leading authority on risk technology, evaluated 37 anti-money laundering vendors for its AML Transaction Monitoring Solutions, 2024 Quadrant Update Report across the two axes of Market Potential and Completeness of Offering. Following evaluation by Chartis analyst Nick Vitchev and Jason Wright, NICE Actimize was named a Category Leader in the final analysis. This recognition highlights NICE Actimize’s leadership in combating money laundering through advanced technology and innovation.
January 3rd, 2025
Significant changes are coming in 2025 in anti-money laundering regulations and strategies: approaches to information sharing, and a change in focus on sanctions will be among the areas that will be prioritized by the industry in the new year. Aside from high-profile regulatory failings and fines in 2024, recent events which uncovered how criminals operate today around the globe will further our understanding of these threats, helping to find solutions to improve and safeguard compliance while ensuring that we actually make a difference in fighting financial crime in the year ahead.
January 2nd, 2025
The previous blog Risk Appetite Framework & BSA/AML Programs: What Comes First? explored what a Risk Appetite Framework (RAF) is from an organization-wide perspective and what is a BSA/AML program to highlight various differences and similarities associated with managing the overall organizational risk. This blog takes a deeper view into the many areas where the RAF and a BSA/AML program are interconnected with one another.
December 20th, 2024
NICE Actimize was recently recognized as the recipient of the “Best KYC & Client Onboarding Solution” award at the A-Team Group’s 2024 Data Management Insight Awards USA event. This honor underscored the excellence of our innovative solution, X-Sight Onboard, which garnered the highest number of online votes from the data management community, validated by the A-Team Group’s editors and advisory board.