Actimize Anti-Money Laundering from NICE

Designed to provide end-to-end AML capabilities including transaction monitoring, customer due diligence, and case management. It utilizes machine learning and AI to detect suspicious behavior with real-time alerts.

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Product analysis by function

Anti-Money Laundering Systems for Compliance

Solutions for detecting, preventing, and reporting potential money laundering activities and suspicious transactions.
More Anti-Money Laundering Systems More Compliance ...

Customer Due Diligence (CDD) & Know Your Customer (KYC)
(10 Yes /10 Known /10 Possible features)

Transaction Monitoring & Detection
(10 Yes /10 Known /11 Possible features)

Case Management & Investigation Tools
(9 Yes /9 Known /10 Possible features)

Regulatory Reporting
(9 Yes /9 Known /10 Possible features)

Sanctions Screening
(9 Yes /9 Known /10 Possible features)

Risk Management & Analytics
(9 Yes /9 Known /10 Possible features)

Integration & Interoperability
(9 Yes /9 Known /10 Possible features)

Compliance & Audit Support
(9 Yes /9 Known /10 Possible features)

Security & Data Protection
(9 Yes /9 Known /10 Possible features)

Usability & Operations
(8 Yes /8 Known /10 Possible features)

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Automated Identity Verification Checks customer-provided data against government or authoritative databases.		Actimize AML documentation and public product claims reference automated KYC and identity verification workflow modules.
Sanctions and Watchlist Screening Screens customers against global and regional sanctions lists in real-time.		NICE Actimize advertises real-time screening against sanctions and watchlists as part of their CDD/KYC modules.
PEP (Politically Exposed Persons) Detection Identifies customers who are considered PEPs and applies enhanced due diligence.		PEP screening is listed as a core CDD feature in the product solution brief.
Ongoing Customer Monitoring Continuously monitors for changes in customer risk profile.		Actimize offers ongoing customer risk monitoring with continuous profiling per product literature.
Ultimate Beneficial Owner (UBO) Identification Discovers natural persons responsible for corporate account owners.		UBO detection is offered via Actimize KYC modules and third-party data integration.
Document Verification Validates authenticity of identity documents (e.g., passports, IDs).		The CDD/KYC module includes document upload and automated document verification features.
Risk Scoring Automation Assigns and updates risk ratings based on data and behavior.		Risk scoring is automated with configurable elements as referenced in marketing material.
Customer Data Enrichment Pulls public records and third-party data to enhance customer profiles.		Data enrichment leverages public & third-party data per Actimize’s integration documentation.
Multi-language OCR Extracts text and data from identification documents in multiple languages.		Optical Character Recognition (OCR) with multi-language support is referenced for ID documents and forms.
Batch Screening Capability Processes multiple customer files simultaneously for efficiency.		Batch screening is supported as part of bulk onboarding and periodic review workflow.

Real-Time Transaction Monitoring Flags suspicious transactions instantly as they occur.		Real-time transaction monitoring is a core function highlighted on the Actimize website.
Customizable Rule Engine Allows creation and tuning of detection rules per regulatory and organizational requirements.		Rule engine is customizable; users can author and modify detection rules, confirmed by product guides.
Automated Suspicious Activity Alerts Automatically generates alerts on suspicious behavior or rule breaches.		Automated alerting for suspicious transactions is emphasized as part of the detection engine.
Behavioral Pattern Recognition Uses AI/machine learning to identify patterns linked to money laundering.		Machine learning for behavioral/pattern recognition is cited on Actimize’s AML solution page.
Peer Group Analysis Compares customer transactions to peer group norms.		Peer group benchmarking is available for transactional comparison, detailed in technical resources.
Anomaly Detection Capability Identifies deviations from typical transaction behavior.		Anomaly detection powered by AI/ML is a standard Actimize AML offering.
Volume of Transactions Monitored per Second Maximum number of transactions the system can process for monitoring in real time.		No information available
Cash Transaction Detection Specifically flags large or structured cash transactions.		System handles structured and large cash transaction detection; cited in Actimize AML product literature.
Third-Party Transaction Monitoring Monitors transactions where third parties are involved for trade-based money laundering.		Trade-based and third-party monitoring is specifically mentioned as a use-case.
Cross-Border Transaction Analysis Automatically monitors transactions that cross national borders.		Cross-border transaction monitoring is listed as a feature for global compliance.
Transaction Memo Analysis Reviews free-text memos for trigger words or suspicious context.		Transaction memo analysis and natural language processing are highlighted in technical overviews.

Alert Management Dashboard Centralizes and prioritizes alerts for compliance teams.		Centralized alert management dashboards are standard in Actimize case management.
Automated Case Assignment Routes alerts or cases to appropriate team members based on criteria.		Automated case assignment workflows are demonstrated in product walk-throughs.
Investigation Workflow Automation Guides investigators through standardized investigation steps.		Case investigation steps can be standardized and automated, as referenced in NICE Actimize documentation.
Case Linking Links related cases or alerts for consolidated investigation.		Case linking tools are mentioned for consolidated AML investigations.
Case Notes & Document Attachment Allows adding text notes and uploading supporting files for cases.		Text notes and document attachments are supported in cases per the admin interface documentation.
Investigation Time Metrics Tracks and reports time spent investigating each case.		Solution supports tracking and reporting of time spent on investigations.
Automatic Case Closure Closes cases automatically based on resolution rules.		Automatic closure rules are supported for resolved alerts and cases.
Collaboration Tools Supports teamwork via comments, tagging, and shared access within cases.		Team collaboration tools, including tagging and shared access, are listed in product brochures.
Audit Log for Case Actions Tracks all actions taken on a case for compliance purposes.		Comprehensive audit logs and audit trails for cases are an AML regulatory requirement and supported by NICE Actimize.
Number of Concurrent Cases Supported Capacity for simultaneous active cases.		No information available

Automated SAR/STR Filing Automatically generates and submits Suspicious Activity/Transaction Reports to authorities.		Automated generation and e-filing of SARs are highlighted for Actimize US & global deployments.
Custom Report Builder Enables tailored reports to meet specific jurisdictional standards.		Custom report writing and analytics are proven features (see product overview and client case studies).
Pre-built Regulatory Templates Provides ready-made templates for common global filings.		Templates for FinCEN and other global reports included.
Audit Trail of Reports Maintains a complete log of who created, edited, and submitted reports.		Audit trails on all reports are standard for regulatory products and fully supported.
Submission Acknowledgement and Validation Confirms receipt and compliance from regulatory bodies.		Submission receipts, compliance confirmations and error notifications are a standard feature.
Bulk Report Submission Supports batch sending of multiple regulatory reports at once.		Supports bulk filings and batch regulatory workflows, per product literature.
Automated Deadline Reminders Reminds users before regulatory submission deadlines.		Automated reminders and workflow triggers are indicated in UI walkthroughs.
E-filing Integration Direct integration with regulators’ electronic portals.		E-filing with regulator platforms is available as an integration, described in NICE technical docs.
Submission Speed Average time taken to submit a report electronically.		No information available
Multi-jurisdictional Support Handles filings to multiple regulatory authorities across countries.		Multi-jurisdictional regulatory compliance support is a key selling point of Actimize AML solutions.

Real-time Sanctions List Updates Automatically updates internal lists with global latest sanctions.		Automatic global sanctions list updates for screening are universally available in Actimize modules.
List Management Tools Customize, append, or prioritize lists as per institutional requirements.		List management modules—including prioritization and local lists—are described in solution documentation.
Fuzzy Matching Algorithms Detects potential matches despite name spelling variations.		Fuzzy matching algorithms for name screening are a featured characteristic (AML screening module).
Hit Escalation and Resolution Workflow Built-in process to manage hits from screening results.		Escalation and resolution workflow for screening hits are standard practice.
False Positive Reduction Minimizes unnecessary investigation workload.		False positive reduction leveraging advanced analytics is referenced in Thought Leadership and technical briefs.
Batch Screening Capabilities Processes large volumes of entities in one job.		Batch screening/processing supported as per sanctions module documentation.
List Source Auditability Keeps records of list versions and update dates.		Source list version controls and auditability are mentioned in the compliance features.
Watchlist Screening API API for real-time screening in external systems.		APIs for real-time watchlist screening in external systems are advertised.
Screening Throughput Maximum entities screened per minute.		No information available
Automated List Synchronization Ensures all systems refer to the same up-to-date listings automatically.		Internal list synchronization tools are part of the solution stack.

Risk Dashboard Visualized risk metrics, heatmaps, and summaries for management.		Risk dashboards are prominent in demonstration videos and documentation.
Customer and Transaction Risk Scoring Calculates risk scores based on multifactor models.		Customer and transaction risk scoring highlighted in AML modules and data sheets.
Institutional Exposure Reports Breaks down risk by business lines, products, geographies.		Institutional risk breakdowns are mentioned in solution architecture guides.
Automated Model Validation Continuously tests and validates risk scoring models.		Automated model validation for scoring engines is a supported feature per product specs.
Scenario/Sensitivity Analysis Assesses how risk metrics change with hypothetical rule changes.		Scenario and sensitivity analysis available in risk analytics dashboards.
Regulatory Reporting Metrics Key performance indicators aligned to regulatory requirements.		Regulatory metrics and KPI dashboards are part of the risk management suite.
Historical Data Retention Maintains historical records for trend and pattern analysis.		Historical data is retained for compliance and analytics.
Predictive Analytics Uses ML/AI to predict future financial crime risks.		Predictive analytics and ML/AI for fraud/crime prevention are noted in AML marketing assets.
Custom Analytics Module User-defined analytics and dashboards.		Custom analytic module builders and dashboards are available, as shown in demos.
Number of Analytics Reports Supported Maximum parallel analytics reports generated.		No information available

Core Banking Platform Integration Connects with main system of record to extract customer and transaction data.		Integration with core banking systems for data ingest and rule execution is standard per Actimize documentation.
Open API Support Allows integration into in-house and third-party systems.		Open API documentation available to support third-party and in-house integration.
Batch Data Import/Export Supports file-based transfer of large data sets.		Batch data import/export tools are part of deployment and QA documentation.
Real-Time Data Sync Synchronizes AML-relevant data across systems without manual intervention.		Real-time data sync supported for upstream and downstream systems.
Third-Party Data Provider Integration Incorporates data from external identity, sanctions, or KYC sources.		Third-party data integration (KYC/sanctions etc.) described in several solution whitepapers.
Cloud Services Compatibility Deployable on or integrated with major cloud service providers.		Compatible with AWS, Azure, GCP and private clouds per NICE’s Actimize deployment literature.
Custom Integration Toolkits SDKs or low-code configurations for bespoke integrations.		SDKs and configuration tools for custom integration are detailed in developer documentation.
Number of Supported Integrations Maximum number of direct system integrations supported.		No information available
Webhooks Support Ability to automatically notify external systems of events.		Webhooks and push notifications support is part of integration capabilities.
ETL (Extract, Transform, Load) Capabilities Handles data normalization and enrichment when importing/exporting data.		ETL capabilities for ingestion and enrichment are referenced in technical deployment guides.

Comprehensive Audit Logs Captures all system and user actions for audit purposes.		Comprehensive audit logs are a core compliance requirement and included.
Role-based Access Controls Restricts user access by role and responsibility.		Role-based access is mentioned in all information security overviews for the platform.
Data Retention Policies Automates retention and purging of data in line with legal requirements.		Configurable data retention policies are available, per compliance module documentation.
Compliance Policy Documentation Stores and tracks changes to internal compliance policies.		Policy versioning and tracking is a feature for regulated environments in Actimize’s CDD offerings.
Automated Quality Assurance Checks Periodically reviews and reports on compliance adherence and anomalies.		Automated QA checks for configuration and compliance are referenced as part of monitoring suite.
Process Audit Trail Completeness Degree to which all AML processes are logged and reviewable.		AML process audit trail completeness cited as a compliance feature.
Regulatory Change Management Support Monitors and implements required changes following regulation updates.		Regulatory change tracking and update workflows highlighted in newsletters and update documentation.
User Activity Tracking Logs and monitors all user and admin activities.		User and admin activity monitoring supported, per NICE’s compliance feature list.
No. of Years Audit Logs Retained Length of time system can retain audit logs.		No information available
Automated Compliance Alerts Notifies compliance team about procedural breaches.		Compliance alerts to teams is part of alert and case dashboard functions.

End-to-End Encryption All data in transit and at rest is encrypted.		Full encryption at rest and in transit is emphasized in NICE's data security documentation.
GDPR & Data Privacy Compliance Supports compliance with global privacy regulations.		GDPR and international privacy compliance frameworks are supported—see NICE privacy resources.
Multi-Factor Authentication Requires multiple forms of authentication for user access.		Multi-factor authentication capabilities included in the user management feature set.
Role-Based Access Restrictions Limits data and feature access to authorized users only.		Role-based access is reinforced as a data protection and compliance safeguard.
Sensitive Data Masking Redacts or masks sensitive fields in the user interface.		Sensitive data masking configurable in the admin and case handling interfaces.
Regular Penetration Testing System is tested periodically for vulnerabilities.		Regular pen tests and vulnerability scans referenced in compliance and IT security bulletins.
Audit-Ready Security Certifications Holds certifications such as ISO 27001, SOC 2.		Holds ISO 27001 and/or SOC 2 certifications according to NICE’s trust site.
Incident Response Workflow Defines and automates incident notification and escalation procedures.		Incident response and escalation workflow is standard for regulated financial systems, listed as a feature.
Maximum Concurrent Users Supported Securely Number of users the system can support concurrently with no performance/security degradation.		No information available
Data Breach Notification Automation Automatic alerts to compliance and security teams in case of breach.		Automated data breach and incident notification per IT security incident response documentation.

Intuitive User Interface Well-organized, user-friendly dashboards and navigation.		Actimize UI regularly receives praise for dashboard clarity and is demonstrated in public materials.
Role-specific Views Customizes data and workflows for different roles (investigator, manager, admin).		Role-specific dashboards/workflows customizable per group, as shown in role-specific product demos.
Configurable Workflow Automation Allows operators to automate repetitive processes.		Configurable workflow automation documented as a function for operational efficiency.
Multilingual Support System available in multiple user languages.		System features built-in multilingual support as advertised.
Custom Alerts and Notifications Users can set personalized notification rules.		Users can configure custom alerts and notifications rules, cited in UI manuals.
Mobile Device Accessibility Accessible from tablets and smartphones.		Mobile web and dedicated admin access are highlighted for remote workflows.
User Training and Tutorials Offers onboarding and contextual help to new users.		Onboarding, contextual help and knowledgebase support are listed on vendor website.
Number of Customizable Fields Number of fields users can customize per workflow.		No information available
Bulk Operations Support Ability to perform actions (e.g. closing alerts) on many cases/records at once.		Bulk actions on alerts/cases are featured in workflow automation and admin UI overviews.
System Uptime Guarantee Guaranteed service availability percentage.		No information available

Actimize Anti-Money Laundering from NICE

Product analysis by function

Anti-Money Laundering Systems for Compliance

Customer Due Diligence (CDD) & Know Your Customer (KYC) (10 Yes /10 Known /10 Possible features)

Transaction Monitoring & Detection (10 Yes /10 Known /11 Possible features)

Case Management & Investigation Tools (9 Yes /9 Known /10 Possible features)

Regulatory Reporting (9 Yes /9 Known /10 Possible features)

Sanctions Screening (9 Yes /9 Known /10 Possible features)

Risk Management & Analytics (9 Yes /9 Known /10 Possible features)

Integration & Interoperability (9 Yes /9 Known /10 Possible features)

Compliance & Audit Support (9 Yes /9 Known /10 Possible features)

Security & Data Protection (9 Yes /9 Known /10 Possible features)

Usability & Operations (8 Yes /8 Known /10 Possible features)