Actimize, a NICE Company, Outperforms Key Testing Criteria in Real-Time Fraud Prevention Benchmark
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 12, 2010 /PRNewswire-FirstCall/ -- 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
Actimize, a NICE Systems company (NASDAQ: NICE), is the world's largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry. Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improve compliance. Actimize provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, risk management and trading surveillance solutions; built upon the Actimize Core Platform which has been enhanced by the company's acquisitions of Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, and Asia, Actimize serves more than 200 clients globally including all of the world's 10 largest financial institutions. http://www.actimize.com
About NICE Systems
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions(TM) solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. 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 over 80 of the Fortune 100 companies. More information is available at http://www.nice.com.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to 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, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. 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.
Press Contact: Jonathan Stotts Actimize +1-212-994-3865 [email protected] Investors: Daphna Golden NICE Systems Ltd. +1-877-245-7449 [email protected]
SOURCE Nice Systems Ltd.
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