Actimize, a leading provider of transactional risk management software for the financial services industry and a NICE Systems (NASDAQ:NICE) company, today announced that Japan’s largest bank, The Bank of Tokyo-Mitsubishi UFJ, Ltd., placed an order for its Anti-Money Laundering (AML) solution.
“Actimize proved that its AML solution can accurately identify transactions that Japan’s Financial Services Authority deem ‘suspicious’ and can integrate quickly with our environment,” said Toshiyasu Terao, Chief Manager of Global Compliance Division at The Bank of Tokyo-Mitsubishi UFJ, Ltd. “The Actimize solution will be an important component in our global risk-based approach to managing the threat of money-laundering. Even in situations where limited information is available, Actimize scenarios and sophisticated analytics can convert a small amount of data into a confident decision.”
The Bank of Tokyo-Mitsubishi UFJ, Ltd. required a solution capable of monitoring transactions from branches and subsidiaries worldwide, yet flexible enough to integrate with existing detection and investigation tools. The Actimize AML solution provides Web-based case management, an intuitive and collaborative investigative environment, customizable workflows, alert management, reporting and complete audit trails.
“Actimize’s flexible transactional analysis and case management platform, its list of global clients and its focused domain expertise are very appealing to financial institutions seeking an anti-money laundering solution,” said Neil Katkov, senior vice president of Celent’s Asia Research Group. “I expect the Asia Pacific market to continue increasing investment in AML and fraud detection solutions, and that firms such as Actimize will benefit from this adoption trend.”
“Actimize is committed to expanding its customer base in Japan and the broader Asia Pacific region with a proven multi-language approach,” said David Sosna, CEO of Actimize. “Actimize’s Tokyo office continues to grow to meet the increasing demand for transactional monitoring solutions in this region.”
About Actimize
Mitigating transactional risk across enterprise silos, Actimize is a leading provider of software solutions for anti-money laundering, brokerage compliance and fraud prevention. Built on a patented, scalable and extensible analytics platform, Actimize solutions enable financial institutions to increase their insight into real-time customer behavior and improve risk and compliance performance. Six of the top 10 global banks and eight of the top 10 U.S. brokerages use Actimize solutions to process hundreds of millions of transactions a day. Actimize, a NICE Systems (NASDAQ:NICE) company, has offices in New York, Israel, London and Tokyo. For more information, go to www.actimize.com.
About NICE Systems
NICE Systems (NASDAQ:NICE) is the leading provider of Insight from Interactions™ solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data – from telephony, web, email, radio, video, and other data sources. NICE’s solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 135 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com.
NICE Trademarks:
360o View, Alpha, ACTIMIZE, Actimize logo, Customer Feedback, Dispatcher Assessment, Encorder, eNiceLink, Executive Connect, Executive Insight, FAST, FAST alpha Blue, FAST alpha Silver, FAST Video Security, Freedom, Freedom Connect, IEX, Interaction Capture Unit, Insight from Interactions, Investigator, Last Message Replay, Mirra, My Universe, NICE, NICE logo, NICE Analyzer, NiceCall, NiceCall Focus, NiceCLS, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse Compact, NiceVision, NiceVision Alto, NiceVision Analytics, NiceVision ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile, NiceVision Net, NiceVision NVSAT, NiceVision Pro, Performix, Playback Organizer, Renaissance, Scenario Replay, ScreenSense, Tienna, TotalNet, TotalView, Universe, Wordnet are trademarks and/or registered trademarks of NICE Systems Ltd. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to 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, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. 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.
Contacts:
Jonathan Stotts, +1-212-994-3865 (Press)
jonathan.stotts@actimize.com
or
NICE
Systems Ltd.
Daphna Golden, +1-877-245-7449 (Investors)
daphna.golden@nice.com
