NICE Actimize, a NICE business, has been recognized by Chartis Research as a Category Leader in KYC solutions in its recently released KYC Data and Solutions 2023 Market Update and Vendor Landscape Report. The Chartis KYC RiskTech Quadrant® rated vendors across Market Potential and Completeness of Offering criteria which included 35 vendors of KYC solutions featured in this report. Chartis Research, part of Infopro Digital, is a leading provider of research and analysis on the global market for risk technology.
NICE Actimize achieved high scores across various parameters, including reporting and dashboarding, KYC risk scoring, customer profile enrichment with additional data, customer onboarding and maintenance. Most notably, NICE Actimize achieved a “four-star” rating for the category of KYC risk scoring. Other characteristics influencing the ranking position were market potential attributes, including customer satisfaction, market penetration, growth strategy, business model, and financials.
“NICE Actimize has continued to build out its KYC offering across cloud and on-premise deployments, developing its simulation and model and entity risk capabilities,” said Ahmad Kataf, Senior Research Specialist at Chartis Research. “Its strong partnership strategy reinforces its position as a hub for a flexible financial crime compliance marketplace, and it has also demonstrated continued growth on top of its already strong market penetration. All these factors are reflected in its category leader positioning in our KYC Solutions quadrant.”
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“NICE Actimize’s AI-powered KYC/CDD solutions manage critical compliance challenges while providing complete customer lifecycle coverage without compromising customer experience,” said Craig Costigan, CEO, NICE Actimize, “As our financial services organizations place stronger emphasis on determining risk, our entity risk approach offers an unmatched ability to access true and transparent business intelligence around customers and entities while managing critical compliance challenges.”
In addition to offering complete customer lifecycle risk coverage, NICE Actimize’s next-generation KYC/CDD solution includes integrated data intelligence, identity resolution, extensive out-of-the-box risk models, dynamic segmentation and risk scoring, simulation, and full auditability to help organizations fully understand their customers, their customers’ connections, and any associated risks.
NICE Actimize was recently positioned number fifteen in Chartis’ comprehensive list of top 100 global risk and compliance technology vendors in the 2024 Chartis RiskTech100 report.
SOURCE: Businesswire