Financial crime prevention software developer Actimize, a unit of NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE), said today that a leading securities clearing firm in the US is expanding its use of the company's anti-money laundering software.
Penson Financial Services, Inc. (PFSI) will include Actimize's suspicious activity monitoring and enterprise risk case management system, as well as ad hoc solutions for adding rules and logic and conducting data analysis. PFSI chief compliance officer (anti-money laundering) Mark Bell said that the new Actimize systems "will further enhance our entire anti-money laundering process for reviewing, recording and analyzing every completed transaction processed."
Actimize says it serves all of the world’s 10 largest financial institutions.
NICE shares fell 4.6% yesterday to close at $27.03.
Published by Globes [online], Israel business news - www.globes-online.com - on June 8, 2010
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