About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

NICE Actimize Launches AI-Based AML Transaction Monitoring Platform

Subscribe to our newsletter

NICE Actimize has launched its Suspicious Activity Monitoring (SAM-10) solution, which uses AI techniques to apply multi-layered analytics to the AML transaction monitoring process. NICE Actimize reckons the approach is able to detect more suspicious activity while reducing false positives.

SAM-10 is an upgrade to NICE Actimize’s existing AML solution, and forms part of NICE Actimize’s Anti-Money Laundering suite of solutions. The new SAM-10 solution’s entity-centric AML approach delivers data to enrich profiles and multiple layers to segment, monitor, and ensure that only truly suspicious activity is identified.

SAM-10 also offers next-generation analytics, including machine learning for advanced anomaly detection, model optimization, and network risk analytics, helping to detect suspicious relationships and transaction patterns accurately.

According to NICE Actimize CEO Craig Costigan, “For financial institutions to be more effective, monitoring technology that explores relationships with connected parties, understands suspicious connections, and accurately follows the flows of funds has become increasingly important.” With its collective intelligence capability, SAM-10 optimizes detection thresholds, and can quickly develop new models based on industry-wide learnings, with all artifacts delivered for easy explainability and model risk management reviews.

While increasing the identification of suspicious activity, SAM-10 supports regulatory compliance and improves alignment to a risk-based approach to transaction monitoring. This approach means fewer false positives and more meaningful, truly suspicious alerts so that investigation teams can focus their efforts on risk.

Nice Actimize says SAM-10s other main benefits include:

  • Enhanced Coverage: With NICE Actimize’s extensive catalogue of out-of-the-box detection models, advanced analytics, and network risk detection, SAM-10 extends and enhances detection coverage across all industry verticals, especially in helping identify suspicious connections between transaction counterparties using new network risk analysis detection.
  • Faster Investigations: Improved entity insights provide richer information and improved UI. The solution also offers network exploration capabilities for a visual understanding of relationships.

Flexible Deployment: Deployment options include on-premise or SaaS.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

Navigating the Compliance Minefield: Decommissioning Legacy Voice Recording Systems

The financial services sector faces unprecedented scrutiny regarding communication record-keeping, a challenge amplified by evolving regulations and a proliferation of digital channels. A recent webinar hosted by A-Team Group and sponsored by Wordwatch, brought together industry experts to dissect the complexities of managing legacy voice recording transitions and charting a course for future-proof compliance. The...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...