News : NICE Actimize Recognized as 2017 Financial Crime Category Leader
Hoboken, NJ, USA, February, 2017 -- NICE Actimize, a NICE (Nasdaq:NICE) business and a provider of a single financial crime, risk and compliance software platform for the financial services industry, was named the 2017 Financial Crime technology category by Risk Magazine in its annual Technology Rankings. Risk Magazine, a financial risk management journal, is part of the IncisiveMedia Group.
This year’s awards consisted of 29 categories, addressing excellence across five risk technology categories specifically focused on risk management, pricing and analytics, trading systems and additional specialist categories. The final decisions on the category leaders, made by Risk's editors and journalists, weighed a number of factors, including risk management, innovation, quality of service and engagement with regulatory issues.
"We are pleased that the Risk Magazine editorial team once again recognizes our leadership and innovation in financial crime risk management," said Joe Friscia, President, NICE Actimize. "We are extremely proud of our position as a market leader that stems from our continuous product innovation and a steadfast commitment to our customers. This is what makes this recognition so special."
According to a survey that accompanied this year's Risk technology rankings, 60 per cent of the 608 financial institutions that responded said they planned to increase their technology spending in 2017, with almost 23 per cent of those respondents anticipating a spending increase of a fifth or more. Obsolete systems, support for growth plans and regulatory compliance are the main drivers of their increased spending.
Posted by Veronica Silva Cusi, news correspondent
Source: Nice Actimize
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About NICE Systems:
NICE (NASDAQ: NICE), is a worldwide provider of intent-based solutions that capture and analyze interactions and transactions, realize intent, and extract and leverage insights to deliver impact in real time. Driven by cross-channel and multi-sensor analytics, NICE solutions enable organizations to improve business performance, increase operational efficiency, prevent financial crime, ensure compliance, and enhance safety and security. NICE serves over 25,000 organizations in the enterprise and security sectors, representing a variety of sizes and industries in more than 150 countries, and including over 80 of the Fortune 100 companies.
Published: Wednesday, February 8, 2017
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