[October 29, 2018] |
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NICE Actimize Positioned as a Category Leader in the 2018 Chartis RiskTech Quadrant® for Enterprise Fraud Solutions
NICE Actimize, a NICE (NASDAQ: NICE) business, and a leader in Autonomous
Financial Crime Management, has been recognized by Chartis Research
and positioned as a Category Leader in its recently released "Financial
Crime Risk Management Systems: Enterprise Fraud; Market Update 2018"
research report. The Chartis RiskTech® Quadrant for
Enterprise Fraud Solutions report evaluated 23 vendors across two key
dimensions: "Completeness of Offering" and "Market Potential".
As a Category Leader, Chartis cited NICE Actimize's advanced
capabilities in alert management (including case management and
workflow) as a core strength. It also assessed other functionalities in
NICE Actimize's portfolio of enterprise fraud technology solutions,
including payment fraud, internal fraud analytics, real-time detection
capabilities; fraud detection techniques, and libraries of pre-packaged
rules.
Barak Eilam (News - Alert), CEO, NICE "As fraudsters continue to get
smarter about many of the newest technologies, NICE Actimize continues
to make substantial investments in its enterprise fraud solutions to
prepare financial services organizations to handle the growing
environment of threats across the full spectrum of the fraud
environment. Our competitive differentiators include the continued
expansion of our fraud analytics platform; the build out of our
cloud-based fraud management offerings; and comprehensive payment
coverage to protect our customers through the payments revolution. NICE
Actimize will continue to provide market-leading enterprise fraud
solutions to meet this growing demand. We are honored that Chartis has
recognized us as a Category Leader in this year's RiskTech Enterprise
Fraud report."
According to the Chartis RiskTech® Quadrant for
Enterprise Fraud Solutions report, its Category Leaders are defined as
combining depth and breadth of functionality, technology and content
with the required organizational characteristics to capture significant
share in their market. Additionally, Chartis states that its Enterprise
Fraud Category Leaders demonstrate a clear strategy for sustainable,
profitable growth, matched with best-in-class solutions and the range
and diversity of offerings, sector coverage and financial strength to
absorb demand volatility in specific industry sectors or geographic
regions. Category Leaders will typically benefit from strong brand
awareness, global reach and strong alliance strategies with leading
consulting firms and systems integrators.
Rob Stubbs, Head of Research, Chartis "The anti-fraud sector
remains a hotbed of risk management activity. As criminals become ever
more technically proficient, Financial Institutions (FIs) find
themselves in a constant 'arms race', attempting to stay one step ahead.
In recent years, the main theme in anti-fraud has been diversity, as a
wide range of new threats (and possibilities) have emerged, and
technological changes inside and outside FIs have exposed them to faster
payments, risky intermediaries, and new technical environments that
include cloud deployments, 'container' technologies and open Application
Programming Interfaces (APIs).
"As a Category Leader in this report, we note that NICE Actimize is
innovating to address man of these issues, while offering a deep and
broad portfolio of enterprise functionalities and solutions."
Additional assets:
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For NICE Actimize's Enterprise Fraud Prevention & Detection Solutions,
click here.
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For NICE Actimize ActOne Investigation Management, click here.
About Chartis Chartis Research is the leading provider of
research and analysis on the global market for risk technology. It is
part of Infopro Digital, which owns market-leading brands such as Risk
and WatersTechnology. Chartis' goal is to support enterprises as they
drive business performance through improved risk management, corporate
governance and compliance, and to help clients make informed technology
and business decisions by providing in-depth analysis and actionable
advice on virtually all aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech
QuadrantTM are registered trademarks of Chartis Research (http://www.chartis-research.com).
About NICE Actimize NICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions for
regional and global financial institutions, as well as government
regulators. Consistently ranked as number one in the space, NICE
Actimize experts apply innovative technology to protect institutions and
safeguard consumers' and investors' assets by identifying financial
crime, preventing fraud and providing regulatory compliance. The company
provides real-time, cross-channel fraud prevention, anti-money
laundering detection, and trading surveillance solutions that address
such concerns as payment fraud, cybercrime, sanctions monitoring, market
abuse, customer due diligence and insider trading. Find us at www.niceactimize.com,
@NICE_Actimize or Nasdaq: NICE.
About NICE NICE (Nasdaq: NICE) is the worldwide leading
provider of both cloud and on-premise enterprise software solutions that
empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 22,000 organizations in more than 150
countries, including over 80 of the Fortune 100 companies, are using
NICE solutions. www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks of
their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release
contains forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Eilam, are based on the
current beliefs, expectations and assumptions of the management of NICE
Ltd. (the Company). In some cases, such forward-looking statements can
be identified by terms such as believe, expect, may, will, intend,
project, plan, estimate or similar words. Forward-looking statements are
subject to a number of risks and uncertainties that could cause the
actual results or performance of the Company to differ materially from
those described herein, including but not limited to the impact of the
global economic environment on the Company's customer base (particularly
financial services firms) potentially impacting our business and
financial condition; competition; changes in technology and market
requirements; decline in demand for the Company's products; inability to
timely develop and introduce new technologies, products and
applications; difficulties or delays in absorbing and integrating
acquired operations, products, technologies and personnel; loss of
market share; an inability to maintain certain marketing and
distribution arrangements; and the effect of newly enacted or modified
laws, regulation or standards on the Company and our products. For a
more detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from time to
time with the Securities and Exchange Commission, including the
Company's Annual Report on Form 20-F. The forward-looking statements
contained in this press release are made as of the date of this press
release, and the Company undertakes no obligation to update or revise
them, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181029005359/en/
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