NICE Actimize Teams up with Finastra

NICE Actimize, a leading provider of financial crime, risk and compliance solutions, recently announced that Finastra has chosen the company to utilise its industry-leading Xceed cloud-native financial crime platform. With the partnership, Finastra's customers are expected to benefit from Xceed via the company's FusionFabric.cloud open innovation platform. 

According to NICE Actimize, Xceed offers industry-leading AI and cloud technologies, AML and fraud solutions as well as financial crime and compliance.

In addition, the Xceed platform is said to offer the industry’s most advanced real-time behavioral analytics and machine learning capabilities. This results in simplified cloud deployments and optimized operational resource efficiency that particularly benefit mid-market financial services organizations. 

Vincent Pugliese, SVP and General Manager, Platform at Finastra said, “We look forward to adding NICE Actimize’s advanced cloud-native integrated financial crime platform to our FusionFabric.cloud ecosystem. Together, we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of our clients – who face mounting pressure to deliver increased innovation, agility and ROI. We are excited about our partnership and believe that through the combination of our cloud-based technologies we will help our clients to deliver upon these objectives.” 

“We are pleased to partner with Finastra, creating a unique combination of proven expertise with best-in-class innovation leveraging both Artificial Intelligence and the cloud, while further presenting a major opportunity to support financial services organizations of all sizes, particularly targeting the needs of mid-markets FSOs,” added Craig Costigan, CEO at NICE Actimize.