Waters Rankings 2014: Best AML Compliance Solution Provider — NICE Actimize
In the modern age of rogue states and terrorist financing, the need for a well-defined and sophisticated AML framework is crucial, and a central part of that drive relies on centralized and nuanced technologies. No longer is it appropriate to simply check a box to demonstrate a client isn’t on a blacklist; firms now need to apply a level of rigor—demonstrably so—that hasn’t been the case in the past. It’s here that NICE Actimize continues to occupy pole position, emphasized by a resounding, user-voted victory in this year’s Rankings.
Utilizing a modular approach on a common core platform, NICE Actimize delivers a software platform for AML compliance that takes into account the varying needs of not only multiple geographies and regimes, but users as well. Integration with third-party systems provides analyst teams with a full suite of tools radiating from a centralized hub that facilitate effective investigations and remediation of issues. Critically, advanced analytics layers allow for views on anticipated-versus-actual behavior, related to common AML patterns and assessments of accounts and linked parties. The suite encompasses key areas such as suspicious-activity monitoring, due diligence, watch-list filtering, model risk management, compliance with regulations such as the Foreign Accounting and Tax Compliance Act (Fatca) and currency transaction report processing. The real power of the platform is its forward-looking approach to compliance—one where it becomes not just a tool to satisfy regulatory obligations, but rather a tool that empowers the business to operate in a safer, more compliant manner.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Consistency is the key
Broadridge Financial Solutions won Best outsourcing provider to the sell side in this year’s Sell‑Side Technology Awards thanks to its perennially successful Business Process Outsourcing offering, which has won this category for the past six years…
Waters Rankings 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won two categories in this year’s Waters Rankings: Best enterprise data management (EDM) system provider and Best reporting system provider, which is the subject of this interview.
Sell-Side Technology Awards 2024 winner’s interview: Broadridge
In this year’s Sell-Side Technology Awards, Broadridge Financial Technology won Best outsourcing provider to the sell side thanks to its hugely successful business process outsourcing offering
Waters Rankings 2024: Best market risk solution provider (highly commended)—FactSet
Product/service: FactSet Multi Asset Class Risk Solutions
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.