founded 1999 ; 17 years ago 1999 headquarters new york city united states key people joe friscia president beth gaspich cfo yaron shohat coo products financial crime risk and compliancesoftware parent nice systems website www.niceactimize.com actimize inc. a wholly owned subsidiary of nice systems provides financial crime prevention compliance and risk management products and services to the financial services industry . primarily headquartered in new york city united states actimize sells its software to firms and regulators worldwide . its revenue is expected to cross the 100 million mark in 2010 . 1 service providers and channel partners include checkfree fnis 2 mastercard pershing 3 ibm and unisys . 4 contents 1 products 2 customers 3 history 4 accolades 5 references products edit nice actimize has core offerings across all financial crime prevention and compliance areas 5 built on a unified reporting and case management platform . actimize is known for its use of analytics and modeling techniques that uncover anomalous financial transactions like fraud money laundering and market manipulation . additionally nice actimize provides know your customer client due diligence kyc cdd fatca compliance and enterprise risk case manager solutions . 6 customers edit nice actimize has more than 300 clients including all top 10 global banks and many financial services industry regulators . customers include bank of america barclays bb & t citi capitalone comerica cftc 7 hsbc mastercard 8 capital one e trade financial corporation mizuho rbs amundi soci t g n rale the vanguard group 9 ubs and morgan stanley . as an example banks use actimize card fraud prevention solutions to block fraudulent credit card transactions as they occur 10 whether at a point of sale automated teller machine online or over the phone . similarly financial institutions and securities trading firms also use actimize products to uncover suspicious transactions that may indicate illegal money laundering and capital market manipulation . history edit in 1999 actimize was founded in silicon wadi an area with a high concentration of high tech industries in the coastal plain in israel similar to silicon valley in california by israeli ex army colleagues who specialized in business intelligence and data warehousing . the company focused its attention on building packaged trading compliance anti money laundering and fraud prevention software solutions for the financial services industry . actimize was acquired by nice systems nasdaq nice in july 2007 for 280 million 11 and has grown into one of three of nice s main lines of business . nice systems shares are traded on nasdaq as well as on the tel aviv stock exchange ; where it is part of the ta 25 index . nice total cash and equivalents as of december 31 2009 were 548.5 million with no debt . 12 in june 2009 actimize acquired the assets of syfact a pioneer in enterprise investigative case management solutions . 13 actimize acquired rival anti money laundering software vendor fortent for 73.5 million in august 2009 . 14 in october 2008 actimize acquired atm and debit card fraud detection models analytics technology and a data consortium with billions of atm debit transactions from basepoint . 15 accolades edit chartis recognized nice actimize as the category leader for financial crime risk management technology in its 2014 risktech100 rankings . nice actimize was also recognized as the category leader for financial crime solutions in the 2014 chartis risktech quadrant . nice actimize was selected as a best in class provider in three categories in ceb towergroup s 2013 know your customer anti money laundering technology report . the three categories in which the nice actimize customer due diligence solution received a best in class designation were for initial validation compliance operations and enterprise support . nice actimize was positioned as a leading vendor in the 2013 aite group trade surveillance compliance market impact report . the report highlights the nice actimize surveillance and communications solutions including the breadth of its offerings and quality of its analytics . actimize has been named most innovative anti money laundering aml solution provider by financial i magazine 16 rated as the only strong positive in gartner s marketscope for enterprise fraud management 17 ranked atop gartner s magic quadrant for web fraud detection 18 two years in a row identified by datamonitor as the only financial crimes vendor out of 29 reviewed with core competencies across all aml and fraud detection areas 19 named as a leader in celent s automated wealth management compliance solutions report for its sales practices solution with high score for breadth of functionality advanced technology largest live client base and depth of client services 20 and bank technology news recognized actimize as a top 25 innovator for its insider fraud solution . 21 references edit dan kaplan 2009 09 01 . actimize buys fortent . sc magazine . retrieved 2010 03 22 . permanent dead link peggy bresner kendrick 2008 10 21 . actimize s fraud and compliance enterprise case management technology to be available to fis customers . bank systems & technology . retrieved 2010 03 22 . joel p. bruckenstein 2009 07 01 . introducing netx360 . financial planning . archived from the original on 2011 07 11 . retrieved 2010 03 22 . mia shopis 2003 06 17 . quick takes identity management software meets federal regs . search security . retrieved 2010 03 22 . stefania viscusi 2009 02 25 . datamonitor gives actimize gold star for fraud detection . tmcnet . retrieved 2010 03 25 . actimize customer due diligence solution ibm cftc acting chairman walt lukken 2008 03 13 . building regulatory networks pdf . commodity futures trading commission office of external affairs . retrieved 2010 03 25 . actimize atm debit fraud prevention used by mastercard . payment news . 2008 10 02 . retrieved 2010 03 22 . vanguard deploys actimize . finextra . 2009 06 17 . retrieved 2010 03 22 . rebecca sausner october 2008 . actimize bulks up its atm debit fraud detection . bank technology news . retrieved 2010 03 25 . shirley yom tov july 4 2007 . nice systems signs deal to buy actimize for 280 million . haaretz . retrieved march 16 2010 . nice systems reports fourth quarter 2009 and full year results ; fourth quarter bookings and backlog reach all time high . nice . february 7 2010 . archived from the original on 27 february 2010 . retrieved march 16 2010 . nice s actimize acquires syfact business . reuters . june 17 2009 . retrieved march 16 2010 . actimize s parent company buys fortent for us 73.5 m to bolster compliance and risk offering . a team group . september 9 2009 . archived from the original on july 7 2011 . retrieved march 16 2010 . transactions . jmp securities . archived from the original on may 29 2010 . retrieved march 16 2010 . leaders in innovation . financial i. december 2009 . retrieved march 16 2010 . dead link avivah litan september 3 2009 . marketscope for enterprise fraud management . gartner . retrieved march 16 2010 . avivah litan january 26 2010 . magic quadrant for web fraud detection . gartner . retrieved march 16 2010 . using technology to combat financial crime in retail banking strategic focus . datamonitor . january 8 2009 . archived from the original on september 27 2011 . retrieved march 16 2010 . robert ellis ; isabella fonseca april 27 2007 . automated wealth management compliance solutions . celent . retrieved march 16 2010 . permanent dead link john adams ; karen krebsbach ; joseph rosta ; anthony malakian ; lee conrad michael sisk ; michael dumiak ; rebecca sausner ; glen fest november 2007 . the innovators 2007 . bank technology news . retrieved march 16 2010 . retrieved from https en.wikipedia.org w index.php title actimize & oldid 742419378 categories financial services companies established in 1999companies based in new york cityrisk management softwarefinancial services companies of the united statessoftware companies of israelhidden categories all articles with dead external linksarticles with dead external links from october 2016articles with permanently dead external linksarticles with dead external links from october 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 3 october 2016 at 16 08 . text is available under the creative commons attribution sharealike license ; 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