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Nice To Provide Compliance Solution To Major Bank

 
By Robert Daniel
MarketWatch Pulse
     

    TEL AVIV -- Nice Systems Ltd., the Ra'anana, Israel, producer of digital recording and archiving solutions for industrial and security applications, said on Monday that it received "a high seven-digit deal" to provide its Actimize financial-fraud-prevention and compliance system to "a top-10 global bank." The company didn't identify the customer. Actimize will replace "multiple legacy anti-fraud systems" and enable the bank to "improve fraud detection and prevention, create a holistic view of customer behavior, deploy rules and policies [and] improve investigation operations," Nice said.

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