Following its acquisition of Syfact earlier this year, Nice Systems’ Actimize business has added yet another bow to its compliance and risk management quiver with the acquisition of AML solution vendor Fortent. The purchase of the vendor for a cash transaction of US$73.5 million is aimed at strengthening Actimize’s risk analytics, compliance and financial crime offering in line with its cross channel strategy, according to David Sosna, CEO of the vendor.

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