NICE Actimize vs. Risk Proof

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NICE Actimize
Score 8.5 out of 10
N/A
NICE Actimize is a fraud detection solution, acquired and now supported by Nice Systems since 2007.N/A
Risk Proof
Score 8.0 out of 10
N/A
Risk Proof, a PwC Product, aims to enable organizations to act quicker to stay on top of the ever-changing world of financial risk. It streamlines risk assessments into a single platform, in order to make the entire process visual, interactive, trackable and actionable. The vendor states users will spend less time on manual tasks and more time knowing what risks and controls to focus on, to help increase protection.N/A
Pricing
NICE ActimizeRisk Proof
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NICE ActimizeRisk Proof
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
User Ratings
NICE ActimizeRisk Proof
Likelihood to Recommend
7.5
(3 ratings)
8.0
(1 ratings)
User Testimonials
NICE ActimizeRisk Proof
Likelihood to Recommend
NICE Systems
If you're looking for an End to End fraud solution you should definitely consider Actimize Integrated Fraud Management. Actimize providing great support during implementation process. And i believe both Operations And Analytics teams will find this system very friendly and useful
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PwC
Risk proof is well suited for quickly finding out potential money laundering [clients] and how much risk would it pose to get into a deal with the client. Risk proof is less suited around some ethical practice assessment of an organization. Such a scenario needs more manual intervention rather than tool assessment.
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Pros
NICE Systems
  • Very intuitive GUI
  • Extremely customizable
  • Ease of case management and maintainance
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PwC
  • Data based visualization
  • Open source for data gathering
  • Thorough risk assessment
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Cons
NICE Systems
  • Being able to adjust the alert parameters by specific account would be helpful.
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PwC
  • More market reach
  • More tools for decision making by boardroom
  • Lesser price for more client base
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Alternatives Considered
NICE Systems
As a fraud prevention consultant i worked both with Actimize IFM And Fico Falcon.
For Card Fraud (debit/credit) Falcon has an advantage, but on the end to end fraud Actimize is a better investment.
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PwC
It was the tool used in the organization for risk assessment of any potential leads and deals. Before the tool, we used to analyze any risks using manual effort and approach which used to take a lot more man-hours and less reliable quantitative analysis for similar kinds of deals and scenarios.
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Return on Investment
NICE Systems
  • It has more than 300+ clients globally
  • employs close to 400 experts
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PwC
  • Helped determining risks for ongoing deals
  • Helped in Decision making process in board meetings
  • Negative: Added some cost to the project
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ScreenShots

Risk Proof Screenshots

Screenshot of Prevent tomorrow’s threats today