Actimize, a NICE Company, Outperforms Key Testing Criteria in Real-Time Fraud Prevention Benchmark

April 12, 2010 PDF Version

Objective benchmark performed on behalf of top-10 global bank confirms Actimize’s high-volume millisecond response time, as well as high availability and recovery

 

NEW YORK – April 12th, 2010 - Actimize, a NICE Systems (NASDAQ:NICE) company and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, today announced the results of a third-party platform scalability and availability benchmark conducted at the IBM Products and Solutions Support Center (PSSC) in Montpellier, France on behalf of a top global bank. The Actimize Fraud Prevention platform was proved to have linear scalability, high-availability and failover capabilities with an average response time of 10ms with an IBM Power Systems server connected to IBM TotalStorage DS8300. Actimize outperformed the success criteria specified by the requesting financial institution.

“As our solutions are typically mission-critical for our clients, they have to be built on top of a highly flexible, scalable and reliable technology platform,” says Boaz Peer, chief technology officer at Actimize. “It is satisfying to see that, whether tested in the lab or deployed at client site, our financial crime platform outperforming expectations.”

The IBM PSSC team has years of experience producing objective industry benchmarks, partnering with clients to meet their IT infrastructure and business goals. The benchmark was requested by a very large global financial institution to test Actimize’s financial crime platform and solution performance against a variety of key metrics. The client’s key objectives were to test and validate response time performance, hardware scalability, high-availability and failover and recovery capabilities.

The Actimize system exceeded expectations. Benchmark parameters and results included:

 

  • 500TPS achieved over two active sites against a benchmark requirement of two sites located 1500 miles apart
  • 10ms average response time against a benchmark requirement of a maximum response time <500ms
  • Demonstrated linear scalability supporting performance above 500TPS
  • Low utilization of hardware (load balanced between two active sites, 50% on each)
  • ~10mn recovery time, after complete failure of production site
  • ~5mn recovery time, after database replication failure between two sites

 

The IBM PSSC was able to fulfill the testing criteria for the client quickly and efficiently, providing detailed results that were ultimately used by the financial institution to select Actimize as its enterprise fraud prevention solution provider.

 

About Actimize
Mitigating transactional risk across enterprise silos, Actimize is a leading provider of software solutions for anti-money laundering, brokerage compliance and fraud prevention. Built on a patented, scalable and extensible analytics platform, Actimize solutions enable financial institutions to increase their insight into real-time customer behaviour and improve risk and compliance performance. Actimize technology processes billions of transactions a day for many of the world’s top banks and brokerages. Actimize, a NICE Systems company, has offices in New York, Israel, London and Tokyo. For more information, go to www.actimize.com.

 

About NICE
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions solutions and value-added services, powered by advanced analytics of unstructured multimedia content – from telephony, web, radio and video communications.  NICE’s solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security.  NICE has over 24,000 customers in more than 150 countries, including more than 80 of the Fortune 100 companies.  More information is available at
http://www.nice.com/.

 

Trademark Note: 360? View, Alpha, ACTIMIZE, Actimize logo, Customer Feedback, Dispatcher Assessment, Encorder, eNiceLink, Executive Connect, Executive Insight, FAST, FAST alpha Blue, FAST alpha Silver, FAST Video Security, Freedom, Freedom Connect, IEX, Interaction Capture Unit, Insight from Interactions, Investigator, Last Message Replay, Mirra, My Universe, NICE, NICE logo, NICE Analyzer, NiceCall, NiceCall Focus, NiceCLS, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse Compact, NiceVision, NiceVision Alto, NiceVision Analytics, NiceVision ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile, NiceVision Net, NiceVision NVSAT, NiceVision Pro, Performix, Playback Organizer, Renaissance, Scenario Replay, ScreenSense, Tienna, TotalNet, TotalView, Universe, Wordnet are trademarks and/or registered trademarks of NICE Systems Ltd. All other trademarks are the property of their respective owners.
 

Corporate Media:
Jonathan Stotts Actimize

+1 212 994 3865

Investors:
Daphna Golden NICE Systems +1 877 245 7449

 

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Messer Peer, are based on the current expectations of the management of NICE-Systems Ltd. (the Company) only, and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company’s customer base (particularly financial services firms) and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; pressure on pricing resulting from competition; and inability to maintain certain marketing and distribution arrangements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F.   The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.