actimize essentials · essentials cloud-based solutions for financial ... essentials fraud...

Actimize Essentials Cloud-based Solutions for Financial Crime Prevention & RegulatoryCompliance

Actimize Essentials Eases the BurdenLeveraging the insights and experience gained from more than a decade supporting the world’s largest banks and FIs, Actimize Essentials provides regional and community FIs with a packaged set of capabilities designed to meet their unique needs. Built on the principles of a SaaS model, our automated anti-money laundering and fraud detection and prevention solutions are practical and cost-effective. Our secure, cloud based delivery enables rapid deployment, reduced overhead, and low TCO all while limiting negative customer impact and meeting regulatory requirements.

As regulations get stricter and criminals get smarter, FIs must keep up Regional and community financial intuitions must confront the same challenges as their larger peers, but typically must do so with much more limited resources. Keeping one step ahead of financial crime without impacting customer experience all while proving comprehensive customer visibility, centralized and consistent processes, and solution efficacy can be a daunting task for many FIs.

FIs of All Sizes Face Increasing Pressures From Financial Crime and Tightening Regulations

Lower TCO

Contain Overhead

Keep Pace

Holistic View of Risks:

Reduce software, hardware, maintenance and support.

Sophisticated AML and Fraud Coverage in a simple cloud

Ensure cost predictability and shorten time to value.

Gain immediate access to the latest technology upgrades and keep you updated to meet the ever changing regulatory requirements.

View all AML and Fraud Alerts and Cases from any data source on a single screen with our Risk Case Manager.

Establish a Foundation for Growth with the Benefits of the Actimize Cloud

RISK CASE MANAGEMENT

Alert Investigate Visualize Resolve

ANTI-MONEY LAUNDERING

Suspicious ActivityMonitoring

Watch ListFiltering

Customer DueDiligence

CTR Processing &Automation

FRAUD

ANALYTICS

Behavioral Network Risk Machine Learning

FINANCIAL CRIME RISK PLATFORM

Data Management Security Analytics Authoring

Cross-channel Fraud Detection

Deposit Protection

Cross-Payment Protection

Fraud Risk Hub

Actimize Essentials AML provides integrated, end-to-end AML coverage for seamless AML compliance. The solution includes targeted models, rules, profiles, and advanced analytics combined with built-in, industry specific detection, workflows, and investigation tools. From transaction monitoring, customer onboarding, ongoing CDD and watch list filtering, to SAR reporting and filing, our Essentials AML solution solves the unique AML challenges that regional and community FIs face.

[email protected] | niceactimize.com | niceactimize.com/blog | @nice_actimize | linkedin.com/company/actimize | facebook.com/niceactimize

Complete AML Coverage for your FI

Key features include:

Proven Rule & Analytics Based Detection

Field proven rules combined with anomaly-based detection ensure effective and accurate performance and low false positive ratios. Our “out-of-the-box” analytic library enables community and regional financial institutions to improve productivity by approximately 50% with streamlined investigations and take a risk-based approach to compliance.

High-quality alerts

Receive high-quality alerts that utilize intelligent scoring, interactive learning, alert consolidation, and suppression capabilities. Investigators can focus on the highest –priority issues - the most critical alerts with the highest risk scores - which are automatically and intelligently assigned. Compliance officers can fine-tune thresholds and scoring formulas via the web-based configuration tools, without IT support.

Withstand Regulator Scrutiny

Equip your compliance team with a singular investigative, case management hub, document, report, and remediate money laundering activity.





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub

[email protected] | niceactimize.com | niceactimize.com/blog | @nice_actimize | linkedin.com/company/actimize | facebook.com/niceactimize

Actimize Essentials Fraud provides real-time detection, specialized operations, and agility to protect against new fraud vulnerabilities in a faster payments world. With advanced behavioral analytics applied for real-time detection, Essentials Fraud Retail serves as both a single and cross-channel solution for online and mobile banking, protecting account-based bill payments and interbank transactions such as ACH, wires and payroll transactions.

Additionally, our deposits solution is designed to monitor and evaluate fraud risk for check deposits at the depository institution, assessing check and cash deposit transactional data in along with reference data and return deposit items (RDIs) for a complete view.

Detect & Prevent Fraud in Real Time

31JUL17 AML SAAS ESSENTIALS

Key features include:

Real-time Payments Fraud Detection

Essentials Fraud protects payments, producing real-time risk scores for each transaction and making nuanced decisions that allow customers to securely execute legitimate transactions. Essentials Fraud efficiently balances business fraud risk and customer impact, enabling faster decisioning, consolidated alerts, and one-call resolution to improve customer experience and reduce false positive rates

Cross-Channel Detection

View cross-channel, cross-product activities on a single platform with enterprise-grade analytics for a holistic view of fraud risk. Fully understand entity behavior and track activity across channels with comprehensive profiling capabilities. Manage the dynamic fraud environment with a combination of out-of-the-box and user-defined analytics

Risk Hub Framework

Manage the fraud and cybercrime ecosystem within one environment. Aggregate inputs from multiple channels, systems, and vendor solutions through the Actimize risk hub which ingests information, enriches scoring activity, provides consolidated alerts, and reporting in addition to providing a holistic view of fraud risk across the business





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS





Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS

Behavioral Network Risk


Data Management Security


Deposit Protection


Fraud Risk Hub





Watch ListFiltering



FRAUD

ANALYTICS

Behavioral Network Risk


Data Management Security


Deposit Protection


Fraud Risk Hub

Why Actimize Essentials for Cloud-based Financial Crime Prevention & Regulatory Compliance Solutions

Focus Focus exclusively on financial crime and compliance, with deep domain expertise

Complete Complete AML & Fraud solutions for regional and community FIs

Experience Over 450 implementations, helping you get it right the first time

Single View Single view of customer risk allows you to manage your risk and grow your business

About NICE ActimizeNICE 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. © Copyright 2017 Actimize Inc. All rights reserved.

actimize essentials · essentials cloud-based solutions for financial ... essentials fraud...

Documents