Otkritie Capital will rely on NICE Actimize’s cloud-based technology for its trading practices compliance programme to detect and report potential market abuse and money laundering activities across its European business.
Services will be hosted by NICE Actimize from the company’s UK data centre.
NICE Actimize president and CEO Amir Orad said that as the needs of the securities market evolve, they remain committed to providing cloud-based solutions that enable rapid deployment, offer minimal business disruption, and which ease the burden of regulatory compliance.
Otkritie Capital said its DMA platform allows customers reduce costs and increase the speed of transactions, leveraging more trading strategies and opportunities.
NICE Actimize is a subsidiary of NICE Systems and a financial crime, risk and compliance software platform provider for the financial services industry.
