Autonomous financial crime management provider NICE Actimize announced the expansion of ActimizeWatchits secure cloud-based managed analytics service, to its financial market compliance solutions.

The move is designed to help financial services organizations (FSOs) improve agility, detection accuracy, efficiency, and overall compliance program effectiveness.

ActimizeWatch offers compliance teams scalable analytics automation and a two-prong approach that includes model optimization and development services and anomaly detection. Both services offer the ability to anonymously pool and leverage lessons learned across the collective intelligence of NICE Actimize customers, so FSOs can see larger threats at play in the marketplace and take steps to proactively avoid them.