The implementation will incorporate NICE Actimize’s Suspicious Activity Monitoring (SAM) for correspondent and wholesale banking, along with its Customer Due Diligence (CDD) and Watch List Filtering solutions. The CDD functionality supports the full lifecycle assessment and re-assessment of customer risk as part of Know Your Customer (KYC) regulatory requirements, including intricate beneficial ownership structures.

NICE Actimize is a subsidiary of NICE and offers a comprehensive financial crime, risk, and compliance software platform for the financial services sector.