Collaboration creates industry-leading customer risk assessment solution


22nd October 2014, New York & LondonAlacra, the leader in client onboarding, reference data and business research solutions, has announced today a formal alliance with NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest provider of financial crime, risk and compliance software for the global financial services industry. The alliance will integrate Alacra’s market-leading customer onboarding and Know-Your-Customer (KYC) tools into the NICE Actimize Customer Due Diligence (CDD) anti-money laundering (AML) solution. The combined offering will create one of the most advanced and innovative customer scoring engines and risk assessment tools in the marketplace.

Steve Goldstein, CEO of Alacra, commented: “NICE Actimize is a leading force in anti-money laundering solutions, and we are looking forward to bringing our proven client onboarding and reference data integration tools and technology to its customers and their implementation of CDD capabilities. Having access to a multiple sources of Politically Exposed People (PEPs), sanctions and enforcement lists, as well as adverse news, will give financial institutions enhanced capabilities to be fully compliant with the latest AML and know-your-customer standards.”

“Our customers and industry regulators have been demanding a more integrated tool to assess risk with their customer base,” said Joe Friscia, president, NICE Actimize. “By combining NICE Actimize workflow and analytics functionality with the know-your-customer, reference data tools from Alacra, we have created one of the industry’s most advanced and comprehensive risk assessment tools.”

Delivering a complete customer risk solution, the main benefits of the joint product include: a unified interface for searching, accessing and appending negative news content to risk-rating reports; automation of a review process via alerts (based on data changes and “new negative news”); a scoring engine based on hundreds of built-in risk factors and algorithms.

With full integration to third-party data providers and proactive, real-time monitoring of breaking news, clients will have immediate access to the information they need to make critical decisions.

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Editorial contacts For Alacra Inc.:

Alla Lapidus / John Norris

Moonlight Media /

Tel: +44 (0) 20 7250 4770

For NICE Actimize

Cindy Morgan-Olson

NICE Actimize


About NICE Actimize

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us at, @NICE_Actimize or NASDAQ:NICE.

About NICE Systems NICE (NASDAQ: NICE) is the worldwide leader of software solutions that deliver strategic insights by capturing and analyzing mass quantities of structured and unstructured data in real time from multiple sources, including phone calls, mobile apps, emails, chat, social media, and video. NICE’s solutions enable organizations to take the Next-Best-Action to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies.

Trademark note: Actimize, the Actimize logo, NICE, and the NICE logo are trademarks or registered trademarks of NICE Systems Ltd. and/or its subsidiaries. All other marks are trademarks of their respective owners.