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NICE Actimize launches Xceed, redefining financial crime risk management

By Pavithra R

August 21, 2020

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Craig Costigan, CEO, NICE Actimize

NICE Actimize, a leading Autonomous Financial Crime Management provider, has announced the launch of its new platform, NICE Actimize Xceed, which leverages AI, behavioral analytics, data intelligence, and insights within a unified cloud platform designed to bring agility to financial institutions of all sizes, including community and regional banks, looking to modernize their financial crime risk management solutions.

With Always-on AI, NICE Actimize Xceed AI platform unique self-learning capabilities immediately adapt to real-time trends and threats, helping financial institutions manage dynamic risk management needs with laser accuracy and speed. The platform combines the most advanced capabilities of both Guardian Analytics and NICE Actimize, providing full coverage for both anti-money laundering and fraud prevention. The platform includes advanced real-time behavioral analytics and machine learning capabilities and features simplified cloud deployments while optimizing operational resource efficiency. NICE Actimize, through the platform launch, aims to meet the unique requirements of small and mid-size organizations along with large size organizations.

“We are pleased to bring our customers the unique combination of proven expertise with best-in-class innovation in both Artificial Intelligence and the cloud, presenting a major opportunity to further support financial services organizations of all sizes. Xceed is based on the proven AI models deployed at hundreds of Guardian Analytics and Actimize customers, leveraging the best innovations of both and bringing the industry its most advanced machine learning capabilities for complete financial crime risk management coverage,” said Craig Costigan, CEO, NICE Actimize.

Recently, NICE Actimize bolstered its SURVEIL-X holistic surveillance solution with SURVEIL-X Studio.

Established since 1999, NICE Actimize provides financial crime, risk, and compliance solutions for financial institutions and government regulators. The company provides real-time, cross-channel fraud prevention, AML, and trading surveillance solutions that address concerns like payment fraud, market abuse, cybercrime, sanctions monitoring, customer due diligence, and insider trading.

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