NICE Actimize has expanded its offering with the acquisition of Guardian Analytics, a specialist cloud-based fraud and AML solution provider.
The acquisition has outlined ambitions to revolutionise financial crime risk management, introducing a comprehensive cloud platform with machine learning and analytics for financial services organisations of all sizes
It comes as financial services organisations of all sizes rely on Guardian Analytics’ sophisticated real-time behavioural analytics and machine learning solutions. Powered by the cloud, Guardian Analytics simplifies deployments and ongoing operations, optimising operational resource efficiency.
Craig Costigan, NICE Actimize CEO commented: “Today, NICE Actimize is taking a significant step forward in advancing the future of managing financial crime risk. With criminals seeking to exploit the current environment, we need to make sure financial institutions and consumers are protected in a way that’s cost-effective and intuitive.
“The acquisition of Guardian Analytics brings together the unique combination of proven expertise, best-in-class innovation, and the power of the cloud, presenting a major opportunity for accelerated growth. I am excited to embark on this journey in advancing the industry’s fight against financial crime.”
The combined cloud platform will place an elevated focus on AML and fraud capabilities in the cloud for complete financial crime and compliance coverage.
As well as this, it will extend NICE Actimize’s offering across the entire financial services sector, enabling firms of all sizes, from small and mid-sized banks to global financial institutions, to benefit from the firm’s financial crime and compliance solutions.
Eric Tran–Le, Guardian Analytics Co-CEO added on the deal: “We are excited to join forces with NICE Actimize and look forward to the opportunities that the combination of our expertise and capabilities will bring to market.
“Financial services organizations need to stay ahead of today’s threats and our unique offerings enable firms to rely on a single provider to accelerate their financial crime risk management strategies, especially given the dynamic nature of today’s market.”