Nice Ltd. — Regulatory Filings 2009

Jul 21, 2009

FOR IMMEDIATE RELEASE

Press Contact: Jonathan Stotts Actimize +1-212-994-3865 jonathan.stotts@actimize.com

Investors: Daphna Golden NICE Systems Ltd. +1 877 245 7449 daphna.golden@nice.com

Top-5 US Bank Using Fraud Prevention Solution from Actimize, a NICE Company, Detects 73% of Wire Fraud Attempts in Real-Time and Realizes 100% ROI on 7-Digit Investment within Six Weeks

Strong False Positive Rate Achieved, For Every 15 Alerts Generated with the Actimize Wire & ACH Fraud Prevention Solution, Bank Uncovers One Actual Fraud Attempt

RA'ANANA and NEW YORK – July 21, 2009 - Actimize, a leading provider of transactional risk management software for the financial services industry and a NICE Systems (NASDAQ:NICE) company, today shared fraud prevention metrics from a top-5 US bank deployment. The bank is using the Actimize Wire and ACH (Automated Clearing House) fraud prevention solution and has detected 73% of all attempted wire fraud transactions in real time using the data from the wire instruction itself. By preventing genuine fraud losses using the Actimize solution, the bank recovered the value of its full software license investment within the first six weeks alone. This client is joining the ranks of other large global banks from all parts of the world that use the Actimize solution for real-time payment fraud prevention.

Prior to implementing the Actimize Wire & ACH Fraud Prevention solution, the top-5 US bank utilized a rule-based review of wire transactions as part of its core banking system. The legacy system did not provide the bank with an easy way to identify or investigative suspicious transactions and had very limited ability to stop transactions in real time. Fraud was only uncovered if it happened to fall within a predefined rule-based, batch report. In contrast, the Actimize solution has detected nearly three out of four fraud attempts at a 1 to 15 false positive rate (other comparable solutions present 50 false positive alerts for every one actual fraud case).

Avivah Litan, VP Distinguished Analyst at Gartner said, "Real-time transactions, such as wire transfers or real-time faster payments (recently introduced in the UK banking sector) demand that real-time risk assessments be made in seconds or subseconds to fulfill a transaction request[1]. Only a few software providers have proven this capability in the field at large complex client implementations."

The client case study involved a major US bank that processes hundreds of thousands of wires daily. The client shared the following key results:

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• 73% detection rate – the Actimize solution uncovered nearly three out of four fraud attempts using the data from the wire instruction itself
• 1:15 false positive – out of 15 alerts, one is a genuine fraud transaction; compared to competing solutions with average 1:50 false positive ratios
• Very fast ROI – full license cost recovered in six weeks
• Fraudster attacks focused on large and complex commercial and treasury wires
• Multiple attacks were tied back to Trojan and man-in-the-middle attacks, even some that bypassed physical hardware security layers (tokens)

“True, synchronic real-time blocking is a critical feature for banks, especially as wire transaction times shorten globally,” said Amir Orad, EVP and chief marketing officer at Actimize. “As we’ve seen in the UK, the recently implemented ‘Faster Payments’ initiatives can result in ‘faster fraud’. The increase in retail and commercial wire transactions and the speed at which these payments occur will continue to accelerate. Banks need to make sure this channel is as protected or they will likely experience increased losses.”

Actimize offers a complete payments risk management framework, which combines proven real-time wire and ACH fraud prevention and message filtering with compliance monitoring capabilities for anti-money laundering (AML), sanctions and watch list filtering (WLF). The Actimize solutions execute message filtering and analytics as well as policy monitoring in both real-time and batch modes. This enables customers to prevent fraud and adhere to regulatory guidelines across various payment types including commercial and retail wires, SWIFT, TED, BACS, SEPA, and International ACH.

About Actimize

Mitigating transactional risk across enterprise silos, Actimize is a leading provider of software solutions for anti-money laundering, brokerage compliance and fraud prevention. Built on a patented, scalable and extensible analytics platform, Actimize solutions enable financial institutions to increase their insight into real-time customer behavior and improve risk and compliance performance. Actimize technology processes billions of transactions a day for many of the world’s top banks and brokerages. Actimize, a NICE Systems company, has offices in New York, Israel, London and Tokyo. For more information, go to www.actimize.com.

About NICE Systems

NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions™ solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data – from telephony, web, email, radio, video, and other data sources. NICE’s solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com.

[i] Gartner Inc. Magic Quadrant for Web Fraud Detection, Avivah Litan February 6, 2009