NICE Actimize Chosen by Chailease to Implement Anti-Money Laundering Compliance Program

NICE Actimize, a NICE (Nasdaq: NICE) business and the provider of Autonomous Financial Crime Management, has been selected by Chailease Holding Co. Ltd., an international provider of leasing and professional financial services, to implement an end-to-end anti-money laundering compliance platform for its growing organization, the company said.

To meet its operational needs as it expands its international markets, Chailease will utilize industry-leading solutions from NICE Actimize´s Autonomous Anti-Money laundering portfolio including Suspicious Activity Monitoring, Customer Due Diligence and Watchlist Filtering solutions.

Chailease will initially launch NICE Actimize´s anti-money laundering solutions from its Taiwan-based headquarters. Working with NICE Actimize´s experienced professional services team, Chailease will adopt NICE Actimize´s anti-money laundering portfolio to drive productivity, increase efficiency and cut investigation times through the utilization of advanced analytics and machine-learning technologies.

Chailease said its investment in advanced anti-money laundering technology will enable the company to improve its operation´s effectiveness and efficiency while achieving greater confidence from its ever-growing base of financial services customers.

Chailease will rely on several core components of NICE Actimize´s Autonomous AML suite to modernize its AML program. Among these are its Customer Due Diligence (CDD) solution, which manages customer risk rating throughout the entire customer lifecycle for onboarding and ongoing monitoring.

Chailease Holding company Limited commenced operations in 1977 and remains the largest leasing company in Taiwan with a market share of over 40%. The core business of the company is to provide diverse financial services to SMEs, including leasing, installment sales, factoring and direct financing. The company built up its operations in Taiwan, PRC, Thailand, Vietnam, Malaysia, Cambodia, Philippines and USA.

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.

NICE is the worldwide provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens.