NICE Actimize’s true holistic approach to surveillance breaks down data silos, providing deeper analysis and true risk detection
NICE Actimize’s SURVEIL-X Chosen by ING Deutschland. (Credit: Mika Baumeister on Unsplash)
NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that ING Deutschland, a subsidiary of the Dutch ING Group, has chosen to expand its investments in SURVEIL-X Markets Surveillance, a cloud-based, AI-powered trade surveillance solution which identifies potential market abuse and risky behavior of regulated employees.
Emphasizing its end-to-end risk management capabilities, ING Deutschland’s further investments in NICE Actimize’s SURVEIL-X include its Fixed Income capabilities as well as its Cross Market/Cross Product Manipulation, and Equities coverage.
“NICE Actimize’s holistic approach to surveillance breaks down barriers between data silos at ING Deutschland, thereby providing a deeper analysis and true risk detection,” said Chris Wooten, Executive Vice President, NICE. “As a long-standing provider to ING Deutschland, we’re committed to continuing to offer market-leading financial crime technology combined with our best-in-class cloud services team, with the mission of protecting ING Deutschland as well as its customers.”
NICE Actimize’s SURVEIL-X Markets Surveillance is part of the SURVEIL-X Holistic Surveillance suite which helps financial services institutions, broker/dealers and future commission merchants comply with regulatory obligations, avoid costly fines and preserve their reputation. Out-of-the-box detection scenarios provide superior analytics that have been vetted by top tier global clients, industry professionals, and our team of seasoned subject matter experts.
NICE Actimize has more than 12 years’ experience implementing Markets Surveillance in covering a wide-range of asset classes, including foreign exchange and swaps/OTC. For further information on NICE Actimize’s Markets Surveillance and its integrated holistic trade surveillance, please read here. To schedule a demo on NICE Actimize’s Markets Surveillance, please click here.
Source: Company Press Release