Actimize Receives "Strong Positive", Highest Rating Available, in Leading Analyst Firm's Enterprise Fraud Management MarketScope

Actimize Receives "Strong Positive", Highest Rating Available, in Leading
Analyst Firm's Enterprise Fraud Management MarketScope
"Products are Ranked First and Foremost on their Ability to Support a
Comprehensive Array of Fraud Management Functions"

NEW YORK, October 8 /PRNewswire-FirstCall/ -- Actimize, a NICE Systems
(NASDAQ:NICE) company and the largest and broadest financial crime,
compliance and risk management solutions provider to the financial services
industry today announced that it received a rating of "Strong Positive", the
highest rating available, in Gartner's report entitled "MarketScope for
Enterprise Fraud Management"(i), issued September 3, 2009.
Gartner defined the Strong Positive rating for enterprise fraud
management (EFM) as, "The vendor shows a strong balance of forward-thinking
technological development and competitive dominance in the market. High name
recognition combines with business-relevant solutions to sell the technology
more effectively than other market players. Strong Positive vendors are
defining and refining the market by their actions, and are forcing other
vendors to conform. In this market, a Strong Positive vendor is seen as
enabling EFM at the customer or other user-defined entity level across
products, channels and accounts, while also providing a wide range of point
solutions that are channel and product specific. Strong Positive vendors
provide a path to deal with existing and new threats, and fraud attacks
against the enterprise, and take the lead in integrating point fraud
detection solutions already in the enterprise. It is difficult to achieve
this ranking because of the relative immaturity of this market and the fact
that the vendor products haven't yet had time to mature to support very
complex and diffuse environments."
"Actimize is committed to continue leading the fraud management and
financial crime market with focused and comprehensive anti fraud solutions
built on an enterprise platform that enables key capabilities such as
real-time prevention, effective investigations and cross-channel profiling,"
said Amir Orad EVP and CMO at Actimize. "We are proud to provide solutions to
all of the top-10 global banks and the majority of the largest banks
worldwide. In my opinion, Gartner's ranking of Actimize as 'strong positive'
and our recent acquisition of Fortent (previously known as Searchspace)
reaffirms our #1 position in our industry."
"Enterprise fraud management saves users money by enabling operational
efficiencies and by stopping losses from cross-channel, cross-account and/or
cross-product fraud schemes" said Avivah Litan, vice president and
distinguished analyst at Gartner, in the MarketScope report. "With the
economic downturn, the desire to save resources and cut costs has been
strong. Users should select vendors with products that support their tactical
fraud prevention objectives."
The report says that "until now, most enterprises using fraud detection
have been using point or siloed solutions" and that "this has resulted in
fragmented fraud prevention systems and redundant fraud-related operations."
The report estimates that the EFM market will grow approximately 10%-15% in
2009 and 15%-20% in 2010, "mainly because large global financial institutions
are investing heavily in EFM technology against a backdrop of increasingly
frequent and sophisticated fraud attacks, and also due to a desire to
consolidate fraud prevention and financial crime efforts across the
enterprise." It anticipates even faster growth in 2010 "as financial
institutions in different (emerging market) countries begin investing in EFM."
The full Gartner report is available, compliments of Actimize at
http://www.actimize.com/gartner_EFM_marketscope
About the MarketScope
The MarketScope is copyrighted September 3, 2009 by Gartner, Inc. and is
reused with permission. The MarketScope is an evaluation of a marketplace at
and for a specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product or service depicted in the
MarketScope, and does not advise technology users to select only those
vendors with the highest rating. Gartner disclaims all warranties, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Actimize
Mitigating transactional risk across enterprise silos, Actimize is a
leading provider of software solutions for anti-money laundering, brokerage
compliance and fraud prevention. Built on a patented, scalable and extensible
analytics platform, Actimize solutions enable financial institutions to
increase their insight into real-time customer behavior and improve risk and
compliance performance. Actimize technology processes billions of
transactions a day for many of the world's top banks and brokerages.
Actimize, a NICE Systems company, has offices in New York, Israel, London and
Tokyo. For more information, go to http://www.actimize.com.
About NICE
NICE Systems (NASDAQ:NICE) is the leading provider of Insight from
Interactions(TM) solutions and value-added services, powered by advanced
analytics of unstructured multimedia content - from telephony, web, radio and
video communications. NICE's solutions address the needs of the enterprise
and security markets, enabling organizations to operate in an insightful and
proactive manner, and take immediate action to improve business and
operational performance and ensure safety and security. NICE has over 24,000
customers in more than 150 countries, including more than 85 of the Fortune
100 companies. More information is available at http://www.nice.com.
---------------------------------
(i) Gartner "MarketScope for Enterprise Fraud Management" by Avivah
Litan, September 3, 2009.
Press Contact:
Jonathan Stotts
Actimize
+1-212-994-3865
jonathan.stotts@actimize.com

Investors:
Daphna Golden
NICE Systems Ltd.
+1-877-245-7449
daphna.golden@nice.com

SOURCE NICE Systems

Press Contact: Jonathan Stotts, Actimize, +1-212-994-3865,
jonathan.stotts@actimize.com; Investors: Daphna Golden, NICE Systems Ltd.,
+1-877-245-7449, daphna.golden@nice.com