NICE Actimize: Best Compliance RegTech Global 2018

Post the 2008 financial crisis, regulators around the globe have been working to ensure that adequate financial regulations are in place to prevent a reoccurrence. However, well thought out regulations will not be enough to prevent a future crisis unless financial institutions implement effective compliance procedures. Taking advantage of important advances in information technology, established companies and start-ups alike have been creating innovative RegTech solutions. The transformative potential of RegTech is now starting to show. NICE Actimize is building on NICE’s 30 years of experience in analysing data, thus enabling this dynamic company to work as preferred partner to financial institutions. Its platform approach helps NICE Actimize optimise total cost of ownership for clients while providing cutting edge solutions. The judging panel was particularly impressed by NICE’s machine learning models that allow a clear window into decisions made and noted the aptitude of the company when it comes to quality voice recognition services. The panel is sure that NICE Actimize will remain at the forefront of delivering on RegTech’s potential to transform the compliance landscape and thereby enable economies to benefit from improved transparency and trust. The judges are delighted to declare NICE Actimize winner of the 2018 award Best Compliance RegTech Global.

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