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Risk

12/17/2007
12:03 PM
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Actimize Launches Enterprise Risk Case Manager

Actimize introduces enhanced enterprise risk case manager solution with faster and simplified implementation for financial institutions

NEW YORK -- Actimize, a leading provider of transactional risk management software for the financial services industry and a NICE Systems company, today announced a new enterprise edition of its Case Manager product. The solution includes risk-focused, out-of-the-box functionality to integrate enterprise-wide risk related data, incidents, alerts, workflows and other activities focusing primarily on anti-money laundering (AML), fraud detection and compliance cases. The offering enables Actimize to introduce a new simplified, fixed pricing model with unlimited users and fixed deployment and professional services costs.

Working closely with its customers over the past 18 months, Actimize identified and addressed market demand for several key extended case management features. In response, the company introduced an enhanced and combined enterprise edition of its product - a risk-focused case manager with out-of-the-box, predefined libraries and broader self-design capabilities. Actimize aims to ease the adoption of such tools by simplifying the industry’s pricing model and offering an unlimited number of users for both a fixed software license and a fixed professional services cost, which leads to faster configuration and deployment and faster time to value.

Neil Katkov, managing director of Celent said: “Large financial institutions are merging AML and fraud investigation groups into one unit for a global view of this type of operational risk. An off-the-shelf, system-agnostic platform is one effective way to accomplish this.”

Actimize Inc.

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