Nice Actimize claims that its single financial crime platform will allow the bank to have a better view of financial crime risk across the enterprise to help minimize risk and enhance regulatory compliance.
Bank of Ireland will implement a number of Nice Actimize financial crime prevention solutions across its businesses that will address fraud and money laundering risks.
Built on a single core risk platform, all solutions connect to provide enterprise-wide risk management and compliance support, Nice said.
Bank of Ireland divisional risk partner Dermot Mullen said that banks Nice Actimize’s technology will help the bank to build upon existing preventative measures and to detect potential illicit behavior early on by providing Bank of Ireland with additional ability to monitor activity occurring within and across different segments of the organization.
"Further, the flexibility of Nice Actimize’s platform will enable the bank to easily adapt as new regulations are enacted," Mullen said.
