NICE Actimize And Finastra Forge Partnership To Provide Xceed Cloud-Native Platform To Finastra's Customers

NICE Ltd’s (NASDAQ: NICE) financial crime and compliance solution business NICE Actimize forged a partnership with financial technology solution provider Finastra.
The partnership aims to introduce NICE Actimize’s Xceed cloud-native financial crime platform, supported by AI and cloud technologies, to Finastra’s customer base via its FusionFabric.cloud open innovation platform.
NICE Actimize’s Xceed platform offers AML and fraud solutions, ensuring complete financial crime and compliance on a single platform. The “Always On” AI-based technology on the Xceed platform offers real-time behavioral analytics and machine learning capabilities. All of which leads to simplified cloud deployments and optimized operational resource efficiency benefitting mid-market financial services organizations.
Xceed’s self-learning abilities instantly and independently acclimatize to new threats. All of which aid financial institutions in the faster and accurate accomplishment of dynamic risk management needs.
Xceed also performs behavioral analytics across all digital payment channels and gathers insights into an omnichannel view.
Price action: NICE shares are down 0.17% at $218.88 on the last check Thursday.