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Hoboken, New Jersey-based NICE Actimize develops enterprise software solutions for financial crime detection, risk management, and regulatory compliance. Operating as a subsidiary of publicly traded NICE, the business generates over 577 million dollars in revenue and contributes to its parent company's annual revenue of over two billion dollars. The organization's anti-money laundering and enterprise fraud prevention platforms are currently utilized by more than 85 of the world's top 100 global financial institutions. Under the leadership of CEO Craig Costigan and parent company CEO Barak Eilam, the firm recently introduced new generative artificial intelligence tools to automate investigations and was recognized as a category leader by Chartis Research. Before raising 24 million dollars in venture funding and being acquired by NICE Systems in 2007, Actimize was originally founded in 1999 by David Sosna and David Govrin.
Actimize has raised $20.0M across 2 funding rounds.
Actimize has raised $20.0M in total across 2 funding rounds.
NICE Actimize (formerly Actimize) is the world's largest provider of financial crime, risk, and compliance solutions, specializing in AI-powered tools for fraud prevention, anti-money laundering (AML) detection, trading surveillance, and regulatory compliance.[1][2][3][4][5] It serves global financial institutions and government regulators, monitoring over 5 billion transactions and safeguarding $6 trillion daily through advanced analytics, machine learning, and entity-centric approaches that detect suspicious activities in real-time.[1][3][5] The company's growth is evidenced by top industry rankings, such as being named a Luminary by Celent in 2024 for advanced technology and breadth of functionality, and leading positions in Quadrant Knowledge Solutions reports for AML and KYC.[1][5]
As part of NICE (Nasdaq: NICE), Actimize benefits from a parent company's expertise in AI-driven customer experience platforms, enabling seamless integration of compliance with broader CX tools for over 25,000 organizations worldwide.[1][5] Its solutions address escalating threats like payment fraud, cybercrime, sanctions monitoring, and market abuse, reducing operational costs, regulatory penalties, and service disruptions while enhancing customer experiences.[4][6]
Actimize was founded in 1999 in Hoboken, New Jersey, initially as an independent provider of financial crime detection technologies.[3] It gained early traction by developing innovative surveillance and risk management tools tailored for financial institutions amid rising global fraud and compliance needs post-9/11 and the 2008 financial crisis. A pivotal moment came in July 2007 when NICE Systems acquired Actimize, integrating it into NICE's portfolio and rebranding it as NICE Actimize, which accelerated its scale and technological evolution.[1][3]
Under NICE, leadership like CEO Craig Costigan has driven a shift toward AI and machine learning innovations, evolving from rule-based systems to entity-centric, data-enriched platforms that handle massive transaction volumes.[1][5] This acquisition marked Actimize's transformation into the market leader, consistently ranked #1 in financial crime solutions.[1][4]
NICE Actimize rides the wave of exploding financial crime volumes—scams remain the top fraud method per its 2025 Fraud Insights Report—fueled by digital banking, crypto proliferation, and geopolitical tensions amplifying sanctions and AML needs.[5] Its timing aligns perfectly with regulatory pressures like evolving AML directives and AI mandates for compliance, where market forces favor scalable, AI-native platforms over legacy systems.[1][4]
By protecting $6T daily and enabling precise risk mitigation, Actimize influences the ecosystem through industry benchmarks (e.g., IDC MarketScape Leader) and integrations with partners like Infosys, accelerating cloud adoption and reducing false positives for banks worldwide.[4][5] This positions it as a linchpin in fintech resilience, bridging CX innovation (via NICE) with crime-fighting tech amid rising cyber threats.
NICE Actimize is poised for accelerated dominance as AI regulations tighten and transaction volumes surge toward 2030, with expansions like X-Sight AML (selected by Aberdeen Group in 2025) signaling deeper entity intelligence and efficiency gains.[5] Trends like generative AI for threat prediction and real-time global data sharing will shape its trajectory, potentially evolving it into a full-spectrum risk intelligence hub integrating with DeFi and embedded finance.
Its influence may grow via more acquisitions or alliances, solidifying NICE's edge in compliant CX—ensuring financial institutions not only detect crime faster but thrive in a hyper-connected world, building on its unchallenged #1 status today.[1][5]
Actimize has raised $20.0M in total across 2 funding rounds.
Actimize's investors include Vertex Ventures Israel, Viola Ventures.
Actimize has raised $20.0M across 2 funding rounds. Most recently, it raised $10.0M Series C in January 2004.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2004 | $10M Series C | — | Vertex Ventures Israel, Viola Ventures | Announced |
| Nov 1, 2002 | $10M Series B | — | Vertex Ventures Israel | Announced |
