UAE Exchange, a tellurian income transfer, unfamiliar sell and remuneration solutions code has assimilated hands with NICE Actimize to strengthen a correspondence architecture. NICE Actimize, a NICE Systems business, is a provider of financial crime, risk and correspondence solutions for a financial services industry. NICE Actimize will pattern a portfolio of financial crime solutions, including Actimize Anti-Money Laundering and Actimize Integrated Fraud Management (IFM) solutions for UAE Exchange.
“At UAE Exchange, a design has always been to strengthen a ability to quarrel financial crime by investing in proven correspondence and monitoring systems,” pronounced Promoth Manghat, CEO, UAE Exchange. “We were looking for Anti-Money Laundering permit screening, patron due industry and transaction monitoring systems that could be implemented opposite a branches, globally. These solutions are being customised and integrated with a possess record architecture, transaction systems and rascal government so as to revoke monitoring costs, urge inquisitive potency and yield extensive regulatory coverage. We are blissful to associate with NICE Actimize and serve enlarge a correspondence programme.”
Core to UAE Exchange’s new corporate correspondence doing will be NICE Actimize’s Suspicious Activity Monitoring, Customer Due Dilgence and Watch List Filtering capabilities. With these solutions, a financial establishment will precedence softened analytics within a Actimize transaction monitoring complement to boost coherence during a patron on-boarding process. The extended functionality accessible within Suspicious Activity Monitoring and Customer Due Diligence solutions will concede a establishment to some-more well residence elaborating income laundering and terrorism financing threats.
These systems, joined with a Actimize Integrated Fraud Management Platform, will also yield UAE Exchange real-time alerts for income laundering and rascal scenarios.