NICE Actimize Named 2018’s “Best Compliance RegTech Global” by Capital Finance International Magazine

NICE Actimize, a NICE (Nasdaq: NICE) business and a leader in Autonomous Financial Crime Management today confirmed that its Financial Markets Compliance business, including its end-to-end holistic and communication surveillance solutions, were recently honored with the 2018 “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.

The CFI.co awards judging panel noted several key factors that led to its decision to award NICE Actimize this honor. First, the judges cited NICE Actimize’s platform approach to optimize total cost of ownership, while providing cutting edge solutions that transform the compliance landscape as a contributing factor to achieving the award. The judges also stated, “We were particularly impressed by NICE’s machine learning models that allow a clear window into decisions made and noted the aptitude of the company when it comes to quality voice recognition services.”

Chris Wooten, EVP, NICE
“We appreciate the strong support given to us by CFI.co on behalf of our industry-leading compliance and surveillance solutions, including our strengths in communication surveillance in support of recent regulatory changes that focus on those requirements. Today’s regulatory requirements not only mandate monitoring of all communications across an organization, but direct that these requirements are met swiftly and accurately. We will continue to invest in our compliance solutions, further infusing them with machine learning and other advanced technologies.”

Barry Elliott, Awards Liaison Officer
“Post the 2008 financial crisis, regulators around the globe have been working to ensure that adequate financial regulations are in place to prevent a recurrence. However, well thought out regulations will not be enough to prevent a future crisis unless financial institutions implement effective compliance procedures. Taking advantage of important advances in information technology, established companies and start-ups alike have created innovative RegTech solutions. NICE Actimize is building on years of experience in analysing data, enabling this company to work as a preferred partner to financial institutions.