NICE Actimize’s planned enhancements include advanced analytics for payments screening and automated processes using GenAI
NiCE business, has been recognized by Celent, a division of Global Data, Inc., as a leading Luminary in its recently released report, “Know Your Customer Systems: Customer Due Diligence / Customer Lifecycle Management Solutionscape and Technology Capabilities Matrix”. Celent defines those placed in the Luminary category as excelling in both advanced technology and breadth of functionality and generally having a leading market presence.
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The report provides in-depth profiles and evaluations of the functionality and technology of 30 KYC providers. The Celent report summarized, “NICE Actimize KYC solution offers end-to-end customer lifecycle management, encompassing onboarding, due diligence, risk assessment, and continuous monitoring.”
“NICE Actimize provides wide-ranging support for KYC processes based on years of domain expertise while at the same time keeping up with technology evolution. Maintaining competitiveness across both of these axes defines Luminaries in Celent’s KYC solution analysis,” said Neil Katkov, PhD, Risk Director and author of the Celent report.
“Being recognized as a Luminary for our KYC capabilities underscores our unwavering commitment to helping financial institutions strengthen know your customer and customer risk rating with precision and scale,” said Craig Costigan, CEO, NICE Actimize. “As global risks evolve, we remain focused on innovating across KYC and Customer Lifecycle Management to deliver smarter intelligence, greater operational efficiency, and lasting business value.”
The Celent report noted, “The NICE Actimize KYC solution features a configurable rules engine, event-based triggers for real-time risk assessment, and supports perpetual KYC (pKYC) to maintain updated customer profiles. The report also highlighted that the platform integrates with various data sources and includes a customer outreach portal for onboarding and reviews. Planned enhancements include advanced analytics for payments screening and automated processes using GenAI.”
The report also stated, “The NICE Actimize KYC solution can be deployed on-premise, in private or public cloud environments, or as a SaaS model. It supports a microservices architecture and offers extensive API integration capabilities. The system is designed to handle significant scalability, accommodating millions of customers and high volumes of real-time risk rating requests.”
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