NICE Actimize launches financial crime risk management platform-as-a-service solution

NICE Actimize, a NICE business (Nasdaq: NICE) and provider of Autonomous Financial Crime Management, has announced the launch of X-Sight, an advanced machine-learning based Platform-as-a-Service designed to power the industry´s first financial crime risk management marketplace, the company said.

The NICE Actimize X-Sight Platform-as-a-Service offers a single, unified, cost-effective way for financial service organizations to rapidly innovate and to introduce new services while supporting best-in-class financial crime, risk and compliance management capabilities.

Marking another milestone in NICE Actimize´s Autonomous Financial Crime Management strategy, which is focused on targeted utilization of big data and advanced analytics everywhere, the X-Sight Platform-as-a-Service augments trusted on-premise deployment and works seamlessly toward cloud adoption. This process thereby enriches the operational investment a financial services organization may have today, while moving to a future in the cloud.

NICE Actimize X-Sight provides machine-led detection, decisioning and self-learning capabilities that can adapt and scale to meet the needs of any financial services organization´s operations through an open, services-based architecture built on the cloud.

With NICE Actimize X-Sight, financial services organizations can accelerate their journey to the cloud proceeding as their organization´s specialized needs and product roadmaps may require. Moreover, by leveraging the X-Sight solution marketplace´s best-of-breed services, and through the use of machine learning and self-learning architecture, organizations will be able to enjoy limitless collective intelligence.

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. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.