NICE Actimize was also honored with three
solution category awards, including the use of AI in AML and
transaction monitoring, communication and control, and customer
service
NICE Actimize, a NICE (NASDAQ: NICE) business, has been
positioned as #8 and a market leader in the inaugural Chartis
Research RiskTech AI50 Report which assessed 50 of the industry’s
top vendors across the risk management landscape, assessing their
capabilities and use of AI. Chartis Research, part of Infopro
Digital, is a leading provider of research and analysis on the
global market for risk technology. NICE Actimize also received
three category awards for its AI-specific solution expertise.
The Chartis RiskTech AI research report explored the broad
landscape of AI adoption in financial risk management. This
comprehensive study offered a panoramic view of the industry and a
detailed examination of specific training techniques and machine
learning (ML) architectures. Chartis assessed the current state of
AI in risk management by identifying areas of maturity, promising
growth and innovation. From emerging large language model
(LLM)-based applications to established credit scoring and
fraud-detection ML models, the report highlighted the depth and
diversity of AI applications in the field.
In addition to its “top ten” position, NICE Actimize also won
three solution category awards that included:
- Use of AI in AML and transaction monitoring
- Use of AI in communication and control
- Use of AI for customer service
According to Chartis Research, “We believe that AI and AI
tools will increasingly become core components of risk and
analytics, co-existing and blending with other statistical and
mathematical elements. For now, though, this is an area undergoing
rapid evolution, and as new tech providers continue to emerge in
the market with ever more innovative offerings, Chartis’ goal
remains to analyze this dynamic and changing landscape and
recognize the companies operating within it.”
“NICE Actimize meets the challenges faced by financial
institutions head on with AI embedded within an impressive
portfolio of financial crime solutions,” said Craig Costigan,
CEO, NICE Actimize. “Delivering AI-powered solutions for many
years, we have invested in a world-class data science capability
that sits at the core of our portfolio. This is evident by the
sheer number of AI capabilities our customers have deployed in
production. Our commitment to AI is only accelerating with the
recent releases of network analytics and Generative AI-powered
offerings. Thank you to Chartis for recognizing these
achievements.”
NICE Actimize was recently positioned as #1 in the inaugural
Chartis Research Financial Crime and Compliance 50 Report and has
been positioned as a leader in numerous Chartis RiskTech Quadrant
reports including Watchlist Screening, FRAML, AML, KYC,
communications monitoring and other financial crime solution
categories.
For further information on NICE Actimize financial crime
solutions including white papers and e-books, please visit its web
site 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. The goal of Chartis Research 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 all aspects of
risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are
registered trademarks of Infopro Digital Services Limited
(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 With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered contact
center software. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, partner
with NICE to transform - and elevate - every customer interaction.
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. Costigan, 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,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“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 changes in economic and business conditions;
competition; successful execution of the Company’s growth strategy;
success and growth of the Company’s cloud Software-as-a-Service
business; 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
in making additional acquisitions or 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; the
Company’s dependency on third-party cloud computing platform
providers, hosting facilities and service partners; cyber security
attacks or other security breaches against the Company; privacy
concerns; changes in currency exchange rates and interest rates,
the effects of additional tax liabilities resulting from our global
operations, the effect of unexpected events or geo-political
conditions, such as the impact of conflicts in the Middle East that
may disrupt our business and the global economy; the effect of
newly enacted or modified laws, regulation or standards on the
Company and our products and various other factors and
uncertainties discussed in our filings with the U.S. Securities and
Exchange Commission (the “SEC”). 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 SEC,
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/20240827909807/en/
Corporate Media Contact: Cindy Morgan-Olson, +1 646 408
5896, media@nice.com, ET Investors: Marty Cohen, +1 551 256
5354, ir@nice.com, ET Omri Arens, +972 3 763 0127, ir@nice.com,
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