NICE Actimize  was ranked the Best Anti-Money Laundering Compliance Solution provider in Waters Magazine’s 2016 Rankings program, selected through a voting process conducted with the publication’s readers.

In its fourteenth year, this year’s Waters Rankings awards competition consisted of a total of 30 awards divided among five categories, including trading services; trading tools; data management; compliance risk management and the back office; and infrastructure and connectivity.

“Once again, NICE Actimize was recognized by both our readers and the anti-money laundering industry as a leader in AML compliance,” according to Anthony Malakian, U.S. Editor, Waters Magazine. “The competition in the AML compliance solutions category continues to be strong, and it is indeed an achievement for our top-ranked companies to win year after year, securing votes from our publication’s readers representing both leading buy-side and sell-side financial institutions.”

NICE Actimize anti-money laundering compliance solutions provide a common framework for full-lifecycle detection, investigation and reporting of financial crime. Each of NICE Actimize’s anti-money laundering solutions is designed to support a company’s larger enterprise financial crime prevention strategy with a shared technology platform. The solutions are sold in more than 35 countries around the world.

“We thank the readers of Waters, and our customers, for demonstrating their confidence in our anti-money laundering technology and services,” said David Kwan, VP and General Manager, NICE Actimize. “Regulators and financial institutions want to ensure that their systems are talking to each other, being proactive, and are no longer sitting in siloes. This means that the four tent poles of AML systems – CDD/KYC, watchlist screening, transaction monitoring and reporting – are all working together in a seamless fashion. NICE Actimize has moved diligently to an integrated AML system.”

Added Kwan, “We are also making significant investments into competitive enhancements across our integrated AML suite which are designed to work in the swiftly growing Big Data world. This will allow us to continue to roll out support for financial institutions and their Big Data infrastructures, thereby allowing our customers to save time and money.”

The Actimize Anti-Money Laundering Solutions Suite consists of Suspicious Activity Monitoring, Customer Due Diligence, CTR Processing and Automation, and WatchList Filtering, as well as the capability to address FATCA legislation.