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NICE Actimize Launches Cross-Asset Cloud Markets Surveillance Solution

By CIOReview | Monday, March 21, 2016

NEW YORK CITY, NY: NICE Actimize, one of the largest providers of financial crime, risk and compliance software for the financial services industry, announces the launch of its next-generation Actimize Cross-Asset Cloud Markets Surveillance solution, featuring Foreign Exchange (FX) and Case Management capabilities.

The NICE Actimize Cross-Asset Cloud Markets Surveillance solution’s Risk Case Manager (RCM), which is already deployed at numerous financial institutions, is a fully integrated, web-based case manager that offers efficient alert management, ad hoc investigation, and audit trail functionality. This combination of features improves organizational communication and minimizes redundant efforts, while meeting regulatory books and records obligations.

With more than 12 years of experience with Over-the-Counter (OTC) instruments, the company’s Cloud Markets Surveillance solution provides a comprehensive package of surveillance models that enable global regulatory compliance across products and markets. The solution’s proven analytic capabilities offer fully automated surveillance and end-to-end workflow management, investigation, audit, and reporting/dashboard capabilities.

 “Our hybrid approach provides unique capabilities across a broad range of markets,” says Puja Agrawal, Vice President & General Manager, NICE Actimize. He continues, “Our robust compliance-as-a-service cloud solution supports a predictive, preventative approach to managing risk, while maintaining integrity and offering financial organizations of all sizes a unique value proposition.”

The solution targets foreign exchange, equities, fixed income, futures and options asset classes in a single hybrid cloud environment, and meets the unique compliance needs and regulatory requirements of both buy-side and sell-side firms.