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, today announced that Associated Banc-Corp (NASDAQ: ASBC), a major US financial services holding company, has chosen NICE Actimize to implement a range of anti-money laundering and enterprise fraud technology solutions to support the bank’s financial crime strategy.
By supporting the organization’s fraud and AML needs, Associated states that the launch of NICE Actimize next-generation technologies provides a range of benefits, including the ability to detect patterns of activity across organizational silos which will allow them to reduce operational costs, obtain better quality alerts, and reduce risk.
Launching the bank’s vision for a complete financial crime platform that leverages critical customer data and unifies the institution’s view of risk, Associated is initially deploying integrated Actimize Anti-Money Laundering solutions that include suspicious activity monitoring (SAM), customer due diligence (CDD) and case management capabilities.
NICE Actimize press release link: click here