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December 18, 2012 /PRNewswire/ --
NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced that it has been ranked as the Best Financial Crime Prevention Product or Service provider in
Banking Technology magazine's Readers' Choice Awards 2012. The Banking Technology Awards are a premier award recognizing excellence in the use of IT in financial services.
The 2012 Banking Technology Awards consisted of a total of 25 awards across both judged and Reader's Choice categories. While the judged awards focused on financial institution initiatives, the Reader's Choice category focused on product and service technology vendors, and the publications' subscribers were asked to vote for what they consider to be the best systems across the nine product areas identified.
"Increased regulatory pressures are strengthening the argument for a company-wide approach to financial crime," according to
David Bannister, editor,
Banking Technology Magazine. "And the financial crime prevention award category identifies leadership in the information technology support of delivering excellence in this category. The votes from our magazine readers reflect a real support for the winners, and they can be very proud to have such backing from their users."
The NICE Actimize financial crime prevention solutions provide a common framework for full-lifecycle detection, investigation and reporting of financial crime. With its customer-centric, enterprise-wide financial crime prevention capabilities, NICE Actimize enables financial institutions to manage money laundering risks, emergent fraud threats and compliance risk, while streamlining processes, and improving the financial institution's ability to serve its customers.
Each of NICE Actimize's anti-money laundering and fraud prevention solutions are designed to function independently yet support a company's larger enterprise financial crime prevention strategy with a shared technology platform, offering IT cost benefits, operational efficiencies and performance benefits when compared to integrating disparate systems.