Olivetree Financial uses NICE Actimize to monitor market abuse in forex, stocks and options

Olivetree Financial will leverage the solution to meet regulatory obligations across multiple asset classes, including equities, fixed income, currencies, futures and options, to avoid costly fines, comply with regulatory obligations and preserve their reputation.

NICE Actimize has been selected by Olivetree Financial, a UK-based multi-asset broker, to improve its strategy to combat financial crime, monitor market abuse and keep pace with regulatory changes.

Olivetree, a subsidiary of Alvar Financial Services Ltd., has deployed NICE Actimize’s SURVEIL-X market monitoring solution which can monitor over 15 market abuse typologies and integrates case management capabilities, including alert management, ad hoc investigations and audit trail functionality.

Meet regulatory obligations across multiple asset classes

Sam Ruiz, CEO of Olivetree Financial, said, “NICE Actimize offers an integrated monitoring solution that will help support our business as it grows and offers different product offerings. We believe it offers excellent value and a significant enhancement to our existing capabilities, which will allow us to further refine our detection capabilities. With a strong track record of first-class delivery and support, NICE Actimize should be a great partner for Olivetree Financial’s growing business.

Chris Wooten, EVP, NICE, commented: “NICE Actimize offers a holistic approach to market surveillance challenges. Our cloud-based approach, with advanced analytics and out-of-the-box coverage, increases efficiency while improving market integrity and transparency. NICE Actimize’s market monitoring solution helps clients meet regulatory requirements more effectively, while demonstrating predictive and preventative compliance capabilities to regulators and investors.

Olivetree Financial will leverage the solution to meet regulatory obligations across multiple asset classes, including equities, fixed income, currencies, futures and options, to avoid costly fines, comply with regulatory obligations and preserve their reputation.

Olivetree is a trading name of Argon Financial Limited and is authorized and regulated by the Gibraltar Financial Services Commission and is subject to limited regulation by the Financial Conduct Authority in the UK.

NICE Actimize launches X-Sight Entity Risk

Earlier this year, NICE Actimize launched a SaaS solution that produces a single risk score enabling a financial institution to better understand its customers across the organization.

The new product, X-Sight Entity Risk, is powered by artificial intelligence, machine learning, entity resolution and network analysis to improve the effectiveness of advanced anti-corruption applications. money laundering, corporate fraud prevention and other financial services.

The unique profile and trust score provide a fully transparent view of entities and enable better risk management and seamless customer experiences.

X-Sight Entity Risk pulls data from multiple sites to ensure an entity profile is always accurate and analyzes entity networks and behaviors. The Single Entity Trust Score informs detection and prevention systems to power their analyses.

Businesses are able to move from reactive to proactive risk management by accessing a fully transparent view of entities across the organization through a blend of AI, machine learning, and analytics. automating.

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