NICE Actimize Recognized as a Market-Leading Provider of Enterprise Financial Crime Solutions by Chartis Research

NEW YORK, July 8, 2010 /PRNewswire-FirstCall/ -- NICE Actimize, a NICE Systems (NASDAQ:NICE) company and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced that Chartis Research has recognized NICE Actimize as an industry leader in financial crime management in the recently released "Financial Crime Risk Management Systems 2010: Market Analysis."

Chartis provides research and analysis on the global market for risk technology. They predict the move towards total integration has started and will peak in 2012. Those technology vendors who have positioned themselves well will capitalise on these market opportunities and that the global market for financial crime risk management technology will grow to $4.19 billion by 2013.

"Many firms have adopted a risk-based approach to managing fraud and money laundering. This approach requires establishing firm-wide policies, procedures and systems that identify, alert, assess and monitor the risk of financial crime," said Peyman Mestchian, Managing Partner at Chartis Research. "Chartis recommends that enterprise-wide financial crime risk management processes and technology should be based on the establishment of a single, integrated platform...[NICE] Actimize's transactional risk mitigation platform includes essential components such as a real-time analytics engine, workflow, alert management, visual modeler, ad hoc detection and research tool, and a powerful policy manager tool."

"NICE Actimize is dedicated to providing market-leading financial crime and compliance solutions to the financial services industry," said Amir Orad, CEO of NICE Actimize. "Our leadership is acknowledged by the market, time and again, with the broadest and deepest set of solutions leveraging a shared platform, providing our clients with a holistic financial crimes suite for managing transactional risks across the enterprise."

About Chartis Research

Chartis Research is the leading provider of research and analysis on the global market for risk technology. Our goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis analyses the systems, products, vendors, applications and trends in the risk technology marketplace. This analysis is published in our flagship industry reports, white papers and research articles. http://www.chartis-research.com.

About NICE Actimize

NICE Actimize, a NICE Systems (NASDAQ: NICE) company, is the world's largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry. NICE Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improve compliance. The company provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, risk management and trading surveillance solutions built upon the Actimize Core Platform which has been enhanced by the company's acquisitions of Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, and Asia, NICE Actimize serves more than 200 clients globally including all of the world's 10 largest financial institutions. http://www.actimize.com.

About NICE Systems

NICE Systems (NASDAQ: NICE) is the leading provider of intent-based solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 80 of the Fortune 100 companies. More information is available at http://www.nice.com.

Trademark Note: ACTIMIZE, Actimize logo, Insight from Interactions, NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks are trademarks of their respective owners. For a full list of NICE Systems's marks, please see: http://www.nice.com/NICETrademarks.html.

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 Orad, 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 Contact:
    Jonathan Stotts
    NICE Actimize
    +1-212-994-3865
    [email protected]

    Investors:
    Daphna Golden
    NICE Systems Ltd.
    +1-877-245-7449
    [email protected]

SOURCE NICE Systems