NICE Actimize launches tools for compliance

NICE Actimize has launched its X-Sight Entity Risk SaaS solution, which produces a single risk score that enables a financial institution to get a deeper understanding of clients.

This solution, which is powered by AI, machine learning, entity resolution and network analytics, improves the effectiveness of AML, fraud prevention and other security processes.

The tool delivers data intelligence from a variety of data sources to ensure an entity profile is always accurate and analyses entity networks and behaviours to offer a single entity trust score that informs detection and prevention systems.

Additionally, the platform continuous learnings from prevention, detection, and investigation outcomes further enrich the profile and score.

It claims the solution can uncover hidden risks and gives a fully transparent view of entities across the entire organisation. This allows firms to move away from a reactive to proactive risk management while growing their business.

NICE Actimize CEO Craig Costigan said, “Financial services organizations are placing greater emphasis on expanding a risk-based approach to fighting financial crime.

“Serving this need with pioneering technology, the breakthrough, AI-powered X-Sight Entity Risk solution provides an unparalleled ability to access true and transparent business intelligence around customers and entities.”


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