NIIT Technologies Selects Premier AML Solution for Strategic Offering

  NIIT Technologies Selects Premier AML Solution for Strategic Offering

 Strong Solution for Anti-Money Laundering and Suspicious Activity Monitoring
       Designed for Community Banks and Mid-tier Financial Institutions

Business Wire

ATLANTA -- February 19, 2013

NIIT Technologies, a leading global IT solutions organization, announced today
that it has selected NICE Actimize, a NICE Systems business and the largest
and broadest provider of a single financial crime, risk and compliance
software platform for the financial services industry, as a provider for
Suspicious Activity Monitoring solutions for NIIT Technologies’ mid-tier Banks
and Credit Unions.

The Actimize Suspicious Activity Monitoring solution is part of the Actimize
Anti-Money Laundering Solutions suite, providing end-to-end coverage to
identify and report suspicioustransactions related to money laundering and
terrorist financing, assisting firms to meet the requirements of
currentregulations andquickly adapt tothe evolving regulatory environment.

Under the terms of the agreement, NIIT Technologies is able to offer the NICE
Actimize Suspicious Activity Monitoring solution individually, or bundled with
NIIT Technologies’ compliance and business process operations solutions to
smaller and mid-tier retail banks (based on assets) in the U.S, predominantly
in a hosted, fully-serviced environment. This solution will provide clients
with a Best-in-Class AML platform, conversion of fixed expenses to variable,
and the ability to scale on demand.

Ravi Nimmagadda, Senior Vice President of Banking & Financial Services at NIIT
Technologies, said, "The NICE Actimize award-winning solution, coupled with
our own Governance, Risk and Compliance (GRC) solutions, bring a unique and
exciting value to the small and medium size banks that otherwise would not be
able to realize the advanced AML capabilities of their larger competitors at a
very affordable price point. The hosted technology solution bundled with
operations as a “service” is a powerful choice compared to the fixed capital
expenses normally associated with AML and GRC requirements at a time when
banks continue their focus on growth and regulatory compliance.”

Lalit Dhingra, President of NIIT Technologies, said, “We are pleased to add
this quality solution from NICE Actimize to further enhance our suite of
solutions specifically geared to the community bank and mid-tier financial
institutions market.”

About NIIT Technologies

NIIT Technologies is a leading Technology and Business Process solutions
organization, servicing customers in North America, Europe, Asia, Australia,
and the Middle East. NIIT Technologies provides Application Development and
Maintenance, Infrastructure Managed Services, Cloud Computing, Enterprise Data
Management, Data Governance, Risk Management, Business Process Management, and
Business Process Outsourcing to organizations in the Financial Services
sector, in addition to other selective industry verticals – Insurance, Travel,
Media and Manufacturing/Distribution.

The Company adheres to major global benchmarks and standards, having secured
the ISO 9001:2000 certifications and the ISO: 27001 Information Security
Management accreditation. NIIT Technologies also follows global standards of
development. It has been assessed at Level 5 of SEI CMMi version 1.2. NIIT
Technologies Business Process Outsourcing conforms to the highest quality
standards such as COPC and Six Sigma. Its data center operations are assessed
at the international ISO 20000 IT management standards.

For more information, please visit

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 them at, @NICE_Actimize or NASDAQ:NICE.

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:

Safe Harbor

Certain statements in this release are forward-looking statements. The
business involves various risks, and uncertainties that could result in the
actual results to differ materially from those indicated here. All forward
looking statements made herein are based on information presently available to
the management of the Company and the Company does not undertake to update any
forward-looking statement that may be made from time to time by or on behalf
of the Company.


NIIT Technologies, Inc.
Aninda Bose
Gutenberg Communications
Anca Toderic
NIIT Technologies Ltd.
Abhinandan Singh, +91 11 9820293450
Head – Investor Relations & Special Projects
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