NICE Actimize Selected as a "Best-in-Class" Vendor in Three Categories in Analyst Firm's 2012 Enterprise Fraud Management

  NICE Actimize Selected as a "Best-in-Class" Vendor in Three Categories in
            Analyst Firm's 2012 Enterprise Fraud Management Report

CEB TowerGroup Named NICE Actimize a "Best-in-Class" Vendor for Fraud
Detection, Workflow Management and Business Process Improvement

PR Newswire

NEW YORK, January 23, 2013

NEW YORK, January 23, 2013 /PRNewswire/ --

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, announced that its Actimize
Integrated Fraud Management Suite was selected a "Best-in-Class" vendor across
three categories in the CEB TowerGroup "2012 Enterprise Fraud Management
Technology Analysis" research report. NICE Actimize received its rankings
based on the five-point rating system for each of the 22 fraud-related
attributes identified in the report's proprietary Enterprise Fraud Systems

"Leading banks are transforming fraud management into an area of competitive
advantage," said CEB TowerGroup research director Jason Malo."With the
efficiency gains made through a deeper analytic focus, coupled with service
improvements to streamline team efforts and communication, financial
institutions of all sizes will have the ability to improve their fraud

The three categories in which NICE Actimize received a "Best in Class"
designation were: fraud detection, workflow management and business process
improvement. In the fraud detection category, NICE Actimize was cited due to
its strengths in behavioral analysis, cross-channel support, business rules,
external data integration and risk scoring. In the workflow management
category, alerts and case management, user interface, routing and
prioritization, and permissions and security attributes were cited as key
strengths. Last, in the business process improvement category, false positive
mitigation, business intelligence, customer profiling and pattern recognition
features were cited as strengths. 

In its vendor summary of NICE Actimize, the CEB TowerGroup report stated,
"NICE Actimize is a clear leader in the enterprise fraud management space,
receiving a best-in-class in three out of four categories of our assessment.
The Actimize solution garnered high marks for both usability and flexibility.
From a single sign-on screen, fraud managers can view account activity and
risk across the enterprise. They can craft and deploy strategies with a
user-friendly rules editor and model-building wizard. Beyond the current
technology attributes reviewed for this report, Actimize was the vendor who
articulated one of the strongest visions for the future of fraud technology,
and was able to clearly detail the resources that will be needed to support
this roadmap. Nowhere was Actimize's dedication to this vision more evident
than in the significant investments which the company made recently to update
the Integrated Fraud Management Suite's core data and analytics systems. This
undertaking to revamp a mature and central facet of their service demonstrates
the company's commitment to data-driven enterprise fraud management."

"We are proud that CEB TowerGroup's research team has positioned NICE Actimize
as a "best-in-class" vendor," said Amir Orad, president and chief executive
officer of NICE Actimize. "We see this as testimony that our innovative
approach to enterprise fraud, along with our breadth and depth of
functionality and vision for the future, effectively assists our clients in
addressing evolving challenges in fraud detection, workflow management and
operational efficiency."

The Actimize Integrated Fraud Management suite enables institutions to protect
customers from fraud across multiple payment channels including credit and
debit card, online banking and malware attacks, electronic payments such as
wires and ACH, check fraud, and mobile banking. Institutions can realize
cross-channel, real-time fraud detection and prevention capability to reduce
fraud losses, improve efficiency, and provide exceptional customer service.

About NICE Actimize

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. 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. Find us at, @NICE_Actimize

About NICE Systems

NICE (NASDAQ: NICE) is the worldwide leader of software solutions that deliver
strategic insights by capturing and analyzing mass quantities of structured
and unstructured data in real time from multiple sources, including phone
calls, mobile apps, emails, chat, social media, and video. NICE's solutions
enable organizations to take the Next-Best-Action to improve customer
experience and business results, ensure compliance, fight financial crime, and
safeguard people and assets. NICE solutions are used by over 25,000
organizations in more than 150 countries, including over 80 of the Fortune 100

Trademark note: Actimize, the Actimize logo, 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' marks,
please see:

Technology Assessment Disclaimer

CEB does not endorse any vendor, product or service depicted in our CEB
TowerGroup publications and does not advise technology users to select only
those vendors rated "best in class." CEB TowerGroup research publications
consist of the opinions of CEB TowerGroup's analysts and should not be
construed as statements of fact. CEB disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.

Press Contacts:
Cindy Morgan-Olson
NICE Actimize

Marty Cohen
+1-212-574-3635 (ET)
Anat Earon-Heilborn
+972-9-775-3798 (CET)
NICE Systems Ltd.

SOURCE NICE Systems Ltd.
Press spacebar to pause and continue. Press esc to stop.