NICE Actimize offers comprehensive solutions for financial markets compliance, addressing the complex regulatory landscape faced by financial institutions today. Their flagship product, the SURVEIL-X Holistic Trade Compliance platform, is designed to provide a unified approach to surveillance across various assets, instruments, communications, markets, and regulatory jurisdictions.

Key Features

• Holistic Data Analysis: The platform analyzes and correlates all trade-related data, breaking down silos between different data sources.
• Comprehensive Surveillance: Offers coverage for a wide range of regulatory requirements in a single solution.
• Risk Detection: Utilizes advanced analytics to identify true risks and potential compliance violations.
• Cross-Asset Monitoring: Provides surveillance across multiple asset classes and financial instruments.
• Communication Surveillance: Includes capabilities for monitoring various forms of electronic communications.

Regulatory Compliance The NICE Actimize solution is particularly focused on helping firms comply with evolving regulations, including:

• Regulation Best Interest (Reg BI): Assists firms in meeting the SEC's enhanced standard of conduct for broker-dealers.
• Conduct Surveillance: Addresses changing regulatory expectations regarding employee behavior and market conduct.

Additional Offerings NICE Actimize supplements its core platform with educational resources and tools:

• eComms Surveillance Guide: Provides insights into next-generation communication surveillance technologies.
• Reg BI Compliance Checklist: Offers guidance on the six essential elements for complying with Regulation Best Interest.
• Market Education: Produces white papers and infographics to keep clients informed about regulatory changes and best practices.

Benefits

• Unified View: Consolidates compliance efforts across different areas of the business.
• Efficiency: Streamlines surveillance processes, potentially reducing operational costs.
• Adaptability: Designed to evolve with changing regulatory requirements.
• Risk Mitigation: Helps identify and address compliance risks before they become issues.
• Enhanced Decision Making: Provides deeper insights into trading activities and potential compliance concerns.

The NICE Actimize solution aims to empower financial institutions to navigate the complex world of regulatory compliance more effectively. By offering a comprehensive suite of tools and resources, it seeks to enhance surveillance capabilities, improve risk detection, and ensure adherence to evolving regulatory standards in the financial markets.