NICE Actimize’s SURVEIL-X Chosen by ING Deutschland to Expand its Cloud-Based Market Surveillance Capabilities

Security
14.07.2023 01:40 pm

NICE Actimize, a NICE business, today announced that ING Deutschland, a subsidiary of the Dutch ING Group, has chosen to expand its investments in SURVEIL-X Markets Surveillance, a cloud-based, AI-powered trade surveillance solution which identifies potential market abuse and risky behaviour of regulated employees.

Emphasizing its end-to-end risk management capabilities, ING Deutschland’s further investments in NICE Actimize’s SURVEIL-X include its Fixed Income capabilities as well as its Cross Market/Cross Product Manipulation, and Equities coverage.

“NICE Actimize’s holistic approach to surveillance breaks down barriers between data silos at ING Deutschland, thereby providing a deeper analysis and true risk detection,” said Chris Wooten, Executive Vice President, NICE. “As a long-standing provider to ING Deutschland, we’re committed to continuing to offer market-leading financial crime technology combined with our best-in-class cloud services team, with the mission of protecting ING Deutschland as well as its customers.”

NICE Actimize’s SURVEIL-X Markets Surveillance is part of the SURVEIL-X Holistic Surveillance suite which helps financial services institutions, broker/dealers and future commission merchants comply with regulatory obligations, avoid costly fines and preserve their reputation. Out-of-the-box detection scenarios provide superior analytics that have been vetted by top-tier global clients, industry professionals, and our team of seasoned subject matter experts.

NICE Actimize has more than 12 years’ experience implementing Markets Surveillance in covering a wide-range of asset classes, including foreign exchange and swaps/OTC. For further information on NICE Actimize’s Markets Surveillance and its integrated holistic trade surveillance, please read here. To schedule a demo on NICE Actimize’s Markets Surveillance, please click here.