Saxo Bank Adopts Full Anti-Money Laundering Suite From NICE Actimize

PRESS RELEASE

NEW YORK JUNE 23, 2010 NICE Actimize, a NICE Systems (NASDAQ:NICE) company and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced that Danish Saxo Bank is implementing a securities-specific, enterprise-wide Actimize Anti-Money Laundering (AML) suite. The bank will deploy Actimize Suspicious Activity Monitoring, Know Your Customer/Customer Due Diligence and Watch List Filtering solutions.

Once deployed across the banks largest operations in Denmark and across its European and Asian businesses, Saxo Bank is expected to have a fully automated enterprise-wide platform supporting AML strategy and compliance. Saxo Bank is a rapidly growing online investment firm that is currently acquiring E*Trades Nordics operations, which includes client accounts in Denmark, Iceland, Finland, Estonia, Latvia, Lithuania, Sweden and Norway.

Saxo Bank required an AML platform that is flexible enough to grow quickly with the firm as it expands into new regions and businesses, said Henrik Alse, Senior Vice President at Saxo Bank. After an extensive review of the available AML solutions, we determined that NICE Actimizes solutions would be the best fit for Saxo Bank. We needed a solution that provides comprehensive coverage and can be deployed quickly to help us manage our AML compliance risk. The NICE Actimize solutions provide us with the best out-of-the-box AML coverage and the flexibility to grow with our firm over time as well as adapt to changing regulations.

NICE Actimize provides an integrated AML solution suite, including transaction monitoring, watch list filtering, sanctions monitoring and know your customer / customer due diligence, to help financial institutions comply with anti-money laundering rules and guidelines from regulators around the world. NICE Actimize packaged solutions have been proven effective across global and regional banking, securities and insurance industries and offer rapid deployment and low total cost of ownership while leveraging a shared technology platform. NICE Actimizes integrated AML solution suite drives process efficiencies with shared activity profiles, workflow and a single customer view.

NICE Actimize has a wealth of expertise in the capital markets industry, said Bruno Piers de Raveschoot, Managing Director, Head of NICE Actimize Europe and Asia Pacific. We are very happy to add Saxo Bank, a pioneering firm in Northern Europe, to our client base by providing them with our full suite of AML solutions designed specifically for the securities industry.

About Saxo Bank

Saxo Bank is an online trading and investment specialist, enabling clients to trade Forex, CFDs, Stocks, Futures, Options and other derivatives, as well as providing portfolio management via it online trading platforms. Saxo Bank is headquartered in Copenhagen with offices in Australia, China, the Czech Republic, France, Greece, Italy, Japan, the Netherlands, Singapore, Spain, Switzerland, UK, and the United Arab Emirates.

About NICE Actimize

NICE Actimize, a NICE Systems (NASDAQ:NICE) company, is the worlds largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry. NICE Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improve compliance. The company provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, risk management and trading surveillance solutions; built upon the Actimize Core Platform which has been enhanced by the companys acquisitions of Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, and Asia, NICE Actimize serves more than 200 clients globally including all of the worlds 10 largest financial institutions. www.actimize.com

About NICE Systems

NICE Systems (NASDAQ:NICE) is the leading provider of Insight from Interactions solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data from telephony, web, email, radio, video, and other data sources. NICEs solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 80 of the Fortune 100 companies. More information is available at http://www.nice.com.