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Hoboken, NJ, USA, Apr, 2022 -- NICE Actimize, a NICE (NASDAQ: NICE) business, announced that LGT, a family-owned private banking and asset management group, has chosen NICE Actimize’s advanced Markets Surveillance and Anti-Money Laundering solutions along with other of its targeted compliance offerings to deliver upon its financial crime strategy across its global holdings. Based in Liechtenstein, LGT Group has more than 20 offices throughout Europe, the Middle East, Asia Pacific, Australia, and North America.

Enhancing LGT’s strategic direction for its financial crime strategy, NICE Actimize financial crime solutions will provide wealth management, retail and commercial sector coverage when offered.

"It was important for LGT to select a trusted solutions provider with which to partner and enhance our approach to managing financial crime," said Erik Zortea, Head of Group Financial Crime Compliance, LGT. "Achieving successful business outcomes for our growing global operation requires out-of-the-box coverage to meet our immediate regulatory requirements, increase efficiency as well as improve analytical capabilities in order to stay on top of new and emerging scenarios. NICE Actimize meets these requirements for a holistic approach to our global business challenges."

"Today, financial institutions face a multi-faceted dilemma as they balance business outcomes with expectations for a seamless customer experience against the pressure to build better protections against financial crime," said Craig Costigan, CEO, NICE Actimize. "NICE Actimize solutions fully support an integrated, data-driven, and analytical approach, which addresses these challenges while setting a path forward for LGT to achieve strong business outcomes and future growth."

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Posted by Veronica Silva Cusi, news correspondent
Source: https://www.businesswire.com

Date Posted: Monday, April 4, 2022