NICE Actimize Named Best Anti-Money Laundering Compliance Solution Provider in 2014 Waters Magazine Rankings Awards

NEW YORK, July 17, 2014 /PRNewswire/ --

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, announced today that it has been ranked as the Best Anti-Money Laundering Compliance Solution provider in Waters Magazine's 2014 Rankings program, selected through a voting process conducted with the publication's readers. In its twelfth year, this year's Waters Rankings awards competition consisted of a total of 30 award categories.

"Our readers are from the industry's leading buy-side and sell-side financial institutions and are experts in their fields," according to Anthony Malakian, U.S. Editor, Waters Magazine. "The votes from our publication's readers are a real achievement for our top-ranked companies, and NICE Actimize can be honored to have this support from the industry they serve."

NICE Actimize anti-money laundering compliance solutions provide a common framework for full-lifecycle detection, investigation and reporting of financial crime. Each of NICE Actimize's anti-money laundering solutions is designed to support a company's larger enterprise financial crime prevention strategy with a shared technology platform. The Actimize Anti-Money Laundering Solutions Suite consists of Suspicious Activity Monitoring, Customer Due Diligence, CTR Processing and Automation, and WatchList Filtering, as well as the capability to address new FATCA legislation.

"This prestigious award, made even more valuable by the fact that it was a direct result of voting of readers of the publication, is continued proof of the success of our solutions," said Joe Friscia, president, NICE Actimize. "We thank the readers of Waters Magazine for demonstrating their confidence in our technology and services in anti-money laundering."

With a strong global presence for its anti-money laundering solutions in more than 35 countries, NICE Actimize has also achieved numerous industry analyst accolades. Among them, NICE Actimize was recognized as the category leader for financial crime risk management technology in the Chartis 2014 RiskTech100^® rankings, a category which encompasses anti-fraud, anti-money laundering and trade surveillance technology solutions. In CEB TowerGroup's "2013 Know Your Customer" (KYC) anti-money laundering research report, NICE Actimize was selected as "Best-in-Class" in three of four categories.

About Waters 

Each month, Waters reports and analyzes the business reasons for and practical implementation of financial technology in the capital markets and securities industry. Since its launch in 1993, securities industry professionals worldwide have relied on the magazine for its focused, in-depth coverage surrounding the confluence of business and technology in market data, trading & risk technology and infrastructure as well as the human issues of talent management, staff retention and compensation within the financial services community. With more than 10,100 subscribers around the world, Waters' readers enjoy the insights of CIOs and CTOs from the global markets. The magazine also releases the electronic newsletter, WatersNews, each Tuesday to more than 14,000 industry professionals and it sponsors conferences in New York, London, and Singapore plus briefings and training courses in many of the world's financial centers. For more information, visit http://www.watersonline.com

About NICE Actimize 

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us at http://www.nice.com/actimize, @NICE_Actimize orNASDAQ:NICE.

About NICE Systems 

NICE Systems (NASDAQ: NICE) is the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE's solutions empower organizations to capture, analyze, and apply, in real time, insights from both structured and unstructured Big Data. This data comes from multiple sources, including phone calls, mobile apps, emails, chat, social media, video, and transactions. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies. http://www.nice.com.

Trademark note: Actimize, the Actimize logo, NICE, and the NICE logo are trademarks or registered trademarks of NICE Systems Ltd. and/or its subsidiaries. All other marks are trademarks of their respective owners. For a full list of NICE Systems' marks, please see: http://www.nice.com/nice-trademarks.

Forward-Looking Statements 

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Messer Friscia, are based on the current expectations of the management of NICE-Systems Ltd. (the Company) only, and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) and the resulting uncertainties; 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. 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, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law. 

Press Contacts:
Cindy Morgan-Olson
+1-212-851-8842
NICE Actimize
[email protected]

Investors:
Marty Cohen
+1-212-574-3635 (ET)
NICE Systems Ltd.
[email protected]

SOURCE NICE Systems