NICE Actimize Recognized as Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report

Rhea-AI Summary

NICE Actimize, a NICE business, has been recognized as a Category Leader in the 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor Landscape Report by Chartis Research. The company scored highly in entity management, workflow, and automation, as well as system interfaces and APIs. NICE Actimize's dynamic CLM solution aims to reduce onboarding processes for financial institutions, leading to faster time to revenue and improved customer experiences.

Positive

• NICE Actimize recognized as a Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report.

• Achieved industry-leading scores in entity management, workflow and automation, and system interfaces and APIs.

• Dynamic CLM solution reduces long and costly onboarding processes for financial institutions.

• Focus on faster time to revenue and exceptional customer experiences.

• Positioned #1 in Chartis' Financial Crime & Compliance50 report.

Negative

• None.

Measured across five solution capabilities, NICE Actimize scored highly in entity management, workflow and automation, and system interfaces and APIs

HOBOKEN, N.J.--(BUSINESS WIRE)-- NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor Landscape Report. The Chartis CLM (Client Lifecyle Management) RiskTech Quadrant® rated vendors across Market Potential and Completeness of Offering criteria and covered nine vendors of CLM solutions 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 industry-leading scores across various vendor capabilities for the categories of entity management, workflow and automation and system interfaces and APIs. Other characteristics influencing the ranking position were market potential attributes, including customer satisfaction, market penetration, growth strategy, business model, and financials.

NICE Actimize’s dynamic, data-driven Client Lifecycle Management (CLM) solution reduces long and costly onboarding processes so financial institutions (FIs) can realize faster time to revenue while delivering exceptional customer experiences and ensuring compliance.

“NICE Actimize has extended its CLM capabilities considerably alongside its ability to onboard and monitor complex corporate clients,” said Ahmad Kataf, Senior Research Specialist at Chartis. ‘This, combined with its continuing strength in case management and its diverse partnership and connectivity strategies, is reflected in its category leader position in Chartis’ latest CLM report.”

“NICE Actimize’s innovative approach to onboarding complements our footprint across client lifecycle management,” said Craig Costigan, CEO, NICE Actimize. “New clients and time to revenue are the lifeblood of an FI, and our solutions reduce long, costly onboarding processes so firms can realize faster time to revenue while delivering exceptional client experiences.”

NICE Actimize was recently positioned as #1 in Chartis’ comprehensive list of top financial crime and compliance technology vendors in its inaugural 2024 Chartis Financial Crime & Compliance50 report.

For further information on NICE Actimize solutions for Client Lifecycle Management, please visit our web site here or contact info@niceactimize.com.

About Chartis
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. The goal of Chartis Research is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant^®, RiskTech100^® and FinTech Quadrant^TM are registered trademarks of Infopro Digital Services Limited (http://www.chartis-research.com).

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 us at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.

About NICE
With NICE (Nasdaq: NICE), it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered contact center software. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240508529066/en/

Corporate Media Contact:

Cindy Morgan-Olson, +1 646 408 5896, media@nice.com, ET

Investors:

Marty Cohen, +1 551 256 5354, ir@nice.com, ET

Omri Arens, +972 3 763 0127, ir@nice.com, CET

Source: NICE

FAQ

What is the recent recognition received by NICE Actimize?

NICE Actimize has been recognized as a Category Leader in the 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor Landscape Report by Chartis Research.

What were the areas where NICE Actimize scored highly?

NICE Actimize scored highly in entity management, workflow, and automation, as well as system interfaces and APIs.

What is the main goal of NICE Actimize's CLM solution?

NICE Actimize's CLM solution aims to reduce long and costly onboarding processes for financial institutions, leading to faster time to revenue and improved customer experiences.

Where was NICE Actimize positioned in Chartis' Financial Crime & Compliance50 report?

NICE Actimize was positioned #1 in Chartis' Financial Crime & Compliance50 report.

How can one find more information on NICE Actimize solutions for Client Lifecycle Management?

For further information on NICE Actimize solutions for Client Lifecycle Management, please visit their website or contact info@niceactimize.com.