{"id":120932,"date":"2025-01-02T11:45:00","date_gmt":"2025-01-02T11:45:00","guid":{"rendered":"https:\/\/www.intelligentcio.com\/eu\/?p=120932"},"modified":"2025-01-13T10:49:44","modified_gmt":"2025-01-13T10:49:44","slug":"creand-credit-andorra-selects-nice-actimize-to-modernise-its-global-anti-money-laundering-strategy","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/eu\/2025\/01\/02\/creand-credit-andorra-selects-nice-actimize-to-modernise-its-global-anti-money-laundering-strategy\/","title":{"rendered":"Creand Cr\u00e8dit Andorr\u00e0 selects NICE Actimize to modernise its global anti-money laundering strategy"},"content":{"rendered":"\n<p><em>By leveraging NICE Actimize\u2019s advanced AI and Machine Learning capabilities, Creand Cr\u00e8dit Andorr\u00e0 protects its network of institutions from reputational risk.<\/em><\/p>\n\n\n\n<p>NICE Actimize has been chosen by Creand Cr\u00e8dit Andorr\u00e0 to upgrade and modernise its anti-money laundering (AML) solutions strategy by integrating an advanced suite of NICE Actimize\u2019s financial crime solutions into its operations to address the world\u2019s AML regulations more effectively.<\/p>\n\n\n\n<p>Creand Cr\u00e8dit Andorra\u2019s holdings include financial institutions in Andorr\u00e0, Luxembourg, Spain, Panama and the United States.<\/p>\n\n\n\n<p>&nbsp;Among NICE Actimize\u2019s industry-leading AML offerings, Creand Cr\u00e8dit Andorr\u00e0 chose its Suspicious Activity Monitoring (SAM), Customer Due Diligence (CDD-X) and Watchlist Screening (WL-X) solutions highlighting its deep industry experience and continued investment and commitment to AML technologies, including intelligent automation, network analytics, Machine Learning capabilities and a robust case management component.&nbsp;<\/p>\n\n\n\n<p>\u201cNICE Actimize continues to invest in its successful six-year relationship with Creand Credit Andorra and its network of financial services organisations,\u201d said Craig Costigan, CEO, NICE Actimize. \u201cAs regulators further tighten rules around customer onboarding, NICE Actimize is committed to leveraging its experience in advanced analytics and transaction monitoring solutions. Our objective is to improve the efficiency of AML teams by reducing human effort and error and supporting regulators\u2019 requirements to detect and report financial crime.\u201d<\/p>\n\n\n\n<p>&nbsp;\u201cNICE Actimize established the foundation for our current anti-money laundering and financial crime platform, and we are pleased to take this success to the next level with its advanced portfolio of financial crime solutions,\u201d said Marta Isern, Chief Compliance Officer, Creand Cr\u00e8dit Andorr\u00e0. \u201cAndorr\u00e0 attracts investors from around the world, making it critical to have a sophisticated approach that both evaluates customer onboarding and monitors transactions effectively. NICE Actimize offers us a solid direction to help our institutions adapt with ongoing market fluctuations.\u201d&nbsp;<\/p>\n\n\n\n<p>NICE Actimize\u2019s Suspicious Activity Monitoring (SAM) ensures rapid detection of potentially illicit transactions, using advanced Machine Learning algorithms provide utmost precision. This system enhances an institution\u2019s ability to spot and manage risk, to manage regulatory requirements and maintain the trust of customers. NICE Actimize\u2019s CDD-X provides a risk-based approach and enhances customer life cycle risk management (CLRM) with event-driven risk monitoring, leveraging AI and Machine Learning.<\/p>\n\n\n\n<p>NICE Actimize\u2019s WL-X is its next-generation Watch List (WL-X) screening solution which leverages the power of AI for superior data management, advanced screening capabilities and frictionless customer onboarding. WL-X features real-time and on-demand screening for parties and payments that leverages AI capabilities to match and screen against global sanctions, politically-exposed persons (PEPs), adverse media and other lists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By leveraging NICE Actimize\u2019s advanced AI and Machine Learning capabilities, Creand Cr\u00e8dit Andorr\u00e0 protects its network of institutions from reputational risk. NICE Actimize has been chosen by Creand Cr\u00e8dit Andorr\u00e0 to upgrade and modernise its anti-money laundering (AML) solutions strategy by integrating an advanced suite of NICE Actimize\u2019s financial crime solutions into its operations to [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":120933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42,205,17482,57,27,93,24],"tags":[158,21757,21758],"class_list":["post-120932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-case-studies","category-cybersecurity","category-enterprise-security","category-intelligent-technology-newsletter","category-top-stories","category-used","tag-ai","tag-creand-credit-andorra","tag-nice-actimize"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/120932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=120932"}],"version-history":[{"count":3,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/120932\/revisions"}],"predecessor-version":[{"id":121143,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/120932\/revisions\/121143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/120933"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=120932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=120932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=120932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}