Ra'anana, Israel and New York (PRWEB) July 1, 2009
Boston Meridian is pleased to announce the acquisition of the assets of Syfact International, B.V. by NICE Systems (NASDAQ: NICE) and Actimize, a NICE Systems Company.
Syfact is a pioneer of enterprise investigative case management solutions and their expertise, technology and best practices will help Actimize customers further improve investigative operations, increase compliance with regulations and reduce overall operational costs. The acquisition also enhances the joint company's footprint and competitive position, providing immediate benefits for both Actimize and Syfact customers. Actimize intends to continue supporting current product installations and increase investment in Syfact's product support program.
About Boston Meridian:
Boston Meridian is a rapidly growing M&A and private capital advisory investment bank serving
the technology industry. We value focus, senior partner execution, and reputation above all else.
The firm was founded in 2002 by veteran Wall Street investment bankers previously responsible for banking and private equity efforts for major firms. Our team has advised companies on over $8 billion in M&A value and $15 billion in equity and debt new issuances.
Boston Meridian was founded to address the acute need for corporate finance and M&A advisory services dedicated to middle market public and private companies. Our team understands the unique needs and challenges of our clients. Our deep vertical expertise across technology combined with our significant transaction experience provides our clients with first-class execution.
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.
Syfact, headquartered in Europe with offices in North America, has been used by many of the world's largest and most respected corporations, government agencies and financial institutions including, among others, ING and Rabobank. They are a leading global provider of investigative case management solutions, best practices, and technologies. Through deep industry knowledge, extensive experience, and leading-edge technologies, Syfact employs a holistic, best practices approach, delivering best-of-breed investigative solutions in the areas of compliance, complex fraud, money laundering, customer due diligence, and corporate security investigations.