# NICE Actimize Introduces AI-Powered X-Sight Entity Risk Solution to Provide a Single Trust Score
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2022-03-25
Category: News
Category URL: https://fintechherald.com/category/news
Meta Title: Revolutionize Financial Crime Detection with NICE Actimize’s X-Sight Entity Risk Solution
Meta Description: Learn how NICE Actimize's innovative AI-powered solution provides a single risk score to enhance fraud prevention and AML capabilities.
URL: https://fintechherald.com/nice-actimize-introduces-ai-powered-x-sight-entity-risk-solution-to-provide-a-single-trust-score

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**_Hoboken, N.J., March 21, 2022 –_**

**_NICE Actimize, a_** [**_NICE_**](https://www.nice.com/?utm_source=web&utm_medium=pr)

**_(NASDAQ: NICE) business_** _, today announced the launch of its advanced, X-Sight Entity Risk SaaS solution, an innovative solution that produces_

_a single risk score that enables a financial institution to gain a greater understanding of their clients across the organization. Powered by artificial intelligence, machine learning, entity resolution, and network analytics, X-Sight Entity Risk enhances_

_the efficacy of advanced anti-money laundering, enterprise fraud prevention, and other financial services applications._

_NICE Actimize’s X-Sight Entity Risk solution delivers data intelligence from_

_a variety of data sources_ _to ensure an entity profile is always accurate and analyzes entity networks and behaviors to provide a single entity trust score which informs detection and prevention systems to_

_power their analytic precision. In addition, the continuous learnings from prevention, detection, and investigation outcomes further enrich the profile and score, thus ringing in the era of connected intelligence — a game-changer in the fight against fraud_

_and financial crime._

_Offering a powerful blend of AI, machine learning, and automation, the solution reveals hidden risks and provides a fully transparent view of entities_

_across the entire organization. This allows firms to shift from reactive to proactive risk management while growing their business._

_“Financial services organizations are placing greater emphasis on expanding a risk-based approach to fighting financial crime,” said_

**_Craig Costigan, CEO, NICE Actimize_** _. “Serving this need with pioneering technology, the breakthrough, AI-powered X-Sight Entity Risk solution provides an unparalleled ability to access true and transparent business intelligence around customers and entities.”_

_Connecting the dots across a financial institution, X-Sight Entity Risk works with other NICE Actimize solutions and is agnostic with other third-party solutions._

_Adaptive and agile, X-Sight Entity Risk enhances end-to-end enterprise fraud solutions’ effectiveness while enriching entity-centric AML capabilities. In addition, since the cloud powers it,_

_X-Sight Entity Risk provides the ability to run analytics exceptionally fast, therefore offering faster access to risk scoring data while_

_delivering efficiency gains._

**_Please visit our website here for further information on NICE Actimize’s_**

**_X-Sight Entity Risk._**

**_About NICE Actimize_**

_NICE Actimize is the largest and broadest provider of financial crime, risk, and compliance solutions for regional and global financial institutions and_

_government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers’ and investors’ assets by identifying financial crime, preventing fraud, and providing_

_regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer_

_due diligence, and insider trading. Find us at_ [_www.niceactimize.com_](http://www.niceactimize.com/) _,_

_@_ _NICE\_Actimize or Nasdaq:_

_NICE._

**_About NICE_**

_With NICE (Nasdaq: NICE), it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting_

_key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than_

_150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform – and elevate – every customer interaction._

_www.nice.com_


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