NICE Actimize Selected by Taiwan’s Chailease to Implement End-to-End Anti-Money Laundering Compliance Program To Drive Operation Effectiveness and Increase Proficiency

  • Fraud Detection
  • 18.12.2019 11:32 am

 NICE Actimize, a NICE  business and the leader in Autonomous Financial Crime Management, has been selected by Chailease Holding Co. Ltd., an international leader in leasing and professional financial services, to implement an end-to-end anti-money laundering compliance platform for its growing organization. To meet its operational needs as it expands its international markets, Chailease will utilize industry-leading solutions from NICE Actimize’s Autonomous Anti-Money laundering portfolio including Suspicious Activity Monitoring,  Customer Due Diligence and Watchlist Filtering solutions.

Chailease will initially launch NICE Actimize’s anti-money laundering solutions from its Taiwan-based headquarters. Working with NICE Actimize’s experienced professional services team, Chailease will adopt NICE Actimize’s anti-money laundering portfolio to drive productivity, increase efficiency and cut investigation times through the utilization of advanced analytics and machine-learning technologies.

Chailease said its investment in advanced anti-money laundering technology will enable the company to improve its operation’s effectiveness and efficiency while achieving greater confidence from its ever-growing base of financial services customers.

“We are pleased to continue to extend our professional services and advanced solutions offerings to the greater Asia-Pacific marketplace, and that Chailease has adopted NICE Actimize’s Autonomous Financial Crime Management approach,” said Craig Costigan, CEO, NICE Actimize. “As we work with Chailease to implement our anti-money laundering capabilities, we look forward to expanding our professional services and solutions offerings across its worldwide organization.”

Chailease will rely on several core components of NICE Actimize’s Autonomous AML suite to modernize its AML program. Among these are its Customer Due Diligence (CDD) solution, which manages customer risk rating throughout the entire customer lifecycle for onboarding and ongoing monitoring. Additionally, the firm will be implementing NICE Actimize’s Suspicious Activity Monitoring (SAM) solution, which combines machine learning analytics with industry red-flags for laser-accurate detection. The SAM solution utilizes intelligent automation to virtually eliminate costly manual data gathering tasks, thereby increasing team productivity and reducing investigation time. NICE Actimize’s Watch List Filtering (WLF) solution rounds out Chailease’s program by providing screening for sanctions and PEPs.

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