Actimize, a leading provider of transactional risk management software for the financial services industry and a NICE Systems company (NASDA Q:NI CE), today announced that Renaissance Capital, a major emerging markets investment bank, has fully implemented its Anti-Money Laundering (AML) and market abuse solutions to comply with strict FSA and Russian regulations and to automate, streamline and drive down the costs of its enterprise compliance enforcement, gaining lower total-cost-of-ownership (TCO).
Renaissance Capital, founded in 1995 as a Moscow-based investment bank, delivers innovative financial and investment solutions to government, corporate and institutional clients in high-opportunity emerging markets around the world. It has expanded significantly to become the preeminent specialist in emerging markets, with a presence in Sub-Saharan Africa, the Middle East, Russia and the CIS (Commonwealth of Independent States).