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

A-Team Insight Blogs

NICE Actimize GenAI Solutions Cut Crime Investigation and SAR Filing Time

Subscribe to our newsletter

NICE Actimize, a provider of financial crime, risk, and compliance solutions, has released generative AI solutions designed to reduce the time and manual effort traditionally required for financial crime investigations and compliance reporting. The company suggests the solutions offer up to a 50% decrease in investigation time and a 70% reduction in Suspicious Activity Reporting (SAR) filing time.

The solutions include X-Sight AI Assist and X-Sight AI Narrate, which automate and enhance the analysis and reporting of suspicious activities. Additionally, the company’s Xceed FraudDESK CoPilot, a GenAI chatbot, helps fraud analysts by handling the repetitive and labor-intensive aspects of alert triage and case management. These innovations aim to significantly increase operational efficiency in financial crime and compliance investigations.

“Generative AI is a powerful tool in fighting financial crime. Anti-money laundering, fraud, and market manipulation scenarios benefit from the cost and time savings that GenAI provides,” says Craig Costigan, CEO of NICE Actimize. “NICE Actimize’s use of GenAI services provides a huge step forward in helping financial institutions evolve financial crime and compliance programmes and address their growing costs.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Market data in the cloud

The Covid-19 pandemic has created new demand for financial information delivery infrastructure to accommodate the many trading and support personnel now working from home (WFH). For many firms, new cloud delivery and hosting capabilities offer a viable solution for supporting these staff, accelerating demand for cloud-based market data delivery infrastructures. This development has thrown up...

BLOG

NICE Earnings Call Puts Reported Actimize Sale Update in Context

In what appears to be its first comment on the planned sale of its Actimize subsidiary, NICE Chief Executive Scott Russell told analysts on the recent Q1 earnings call that the company had been “working with advisers over the past several months” on a process for “non-CX assets”, which he identified as financial crime and...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...