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NICE Situator Enables Portugal's Largest Bank, Millennium bcp With Situation Management Capabilities, Consolidating the Security Operations of Approximately 900 Branches and Buildings
Bank Begins Production; Now Enabled With a Holistic View of Security Situations, the Bank Can React to Security Events in a Much More Efficient, Effective and Economic Way, Leveraging All its Legacy Security Systems Investments
RA'ANANA, Israel, May 16, 2011/PRNewswire-FirstCall/ -- NICE Systems Ltd. (NASDAQ: NICE), today announced that Portugal's largest
private bank, Millennium bcp, has launched production of the NICE Situator
open situation management solution to increase the effectiveness and
efficiency of its physical security monitoring and response. The NICE
solution is enabling the bank to reduce operational costs and optimize the
alignment of its corporate physical security policies, standards and
procedures across hundreds of branches in Portugal. NICE partner Diebold
Portugal is the system integrator for the project.
Vitor Monteiro, head of Physical Security at Millennium bcp, said,
"Deployment of the NICE Situator solution allows Millennium bcp to fully
integrate and centralize the bank's various physical security systems. Our
new control room operation was built through the integration of NICE Situator
in our IT systems architecture and implementing smarter situation management
solutions. There are many benefits. This integration provides us with
important operational cost savings. At the same time, the solution's advanced
workflows and rules enables us to reduce the number of false alarms, for
greater efficiency and effectiveness. Thanks to Situator we are able to track
and enforce compliance with the bank's policies and regulations, provide
reports to the management and support constant improvement. We have been
consistently impressed with the excellent support we receive from the NICE
team, and how easy it makes implementing the bank's procedures."
The security situation management needs of banks are many. Among these
are intrusion, invalid access control and tampering, robberies, alarm panel
communications failure and 'Early Disarm' and 'Late Arm' Situations. With
NICE Situator, Millennium bcp addresses these situations by receiving
automatic alarms with information on what has occurred. The NICE solution
does this by leveraging the existing Alarm Panels infrastructure and
extracting additional intelligence from already available data. The solution
also automatically connects a call between control room personnel and the
appropriate individual at the relevant branch. It also automatically places
calls to external agencies if needed, such as local city police. Furthermore,
it presents step-by-step instructions to the bank's security personnel on how
to handle the situation.
Shlomi Cohen, President of NICE EMEA, said, "We are pleased to enable
this leading bank with security situation management capabilities tailored
specifically for financial institutions and branches. By enabling automated
situation management, response planning and analysis in real time the bank
ensures the safety of its clients and personnel. Additionally, leveraging its
expertise in complex software security system integration, our Partner
Diebold Portugal was key for the success of this project at Millennium bcp."
Mr.Cohen continued, "The complete portfolio of NICE solutions when
leveraged together, can further help banks enhance fraud prevention by
leveraging information about suspicious employee transactions identified by
the NICE Actimize anti-fraud solutions with physical security information
such as access control and video surveillance. Thus, a complete and accurate
picture of internal fraud is provided allowing for early detection and
effective investigation."
For Millennium bcp, NICE Situator is deployed on Millennium bcp's
corporate network and monitors approximately 900 branches and other buildings
throughout Portugal. The NICE solution is integrated with a wide array of
bank sensors and security systems, including video surveillance, access
control, intrusion and fire alarm panels, fire detection systems, as well as
VoIP, text messaging and email gateways. NICE Situator merges data from these
sensors into a common operating picture, analyzing and correlating this
information, then applying standard operating procedures and automated
response plans.
The NICE Security Offering addresses the needs of governments and
enterprises with intent-based solutions for fighting crime and terror, by
anticipating, managing and mitigating safety, security and operational risks.
The offering enables capturing, analysis and correlation of data from
multiple sensors and systems, including audio, video, radio, geo-location and
web, providing a framework for fusing data silos into a single, holistic
operational view. NICE Security solutions empower organizations to act
effectively in real time to prevent, manage and investigate incidents,
ensuring fast resolution and debriefing, and continuous security
improvements. NICE Security solutions are deployed worldwide in
transportation systems, critical infrastructures, city centers and enterprise
campuses.
About Millennium bcp
Millennium bcp is Portugal's largest listed bank, with a banking
distribution network of approximately 900 branches in Portugal, as
well as retail operations in Poland, Greece, Romania, Mozambique and
Angola. Millennium bcp offers a wide range of banking products and
related services, including current accounts, payment instruments, savings
and investment products, mortgage loans, consumer credit, commercial banking,
leasing, factoring, insurance, private banking and asset management, and
investment banking, among others, serving its customers on a segmented basis.
More information can be found at
http://www.millenniumbcp.pt/site/conteudos/en/.
About Diebold
Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold employs more
than 16,000 associates with representation in nearly 90 countries worldwide
and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the
New York Stock Exchange under the symbol 'DBD'. For more information, visit
the company's website at http://www.diebold.com.
About NICE Systems
NICE Systems (NASDAQ: NICE), is the worldwide leader of intent-based
solutions that capture and analyze interactions and transactions, realize
intent, and extract and leverage insights to deliver impact in real time.
Driven by cross-channel and multi-sensor analytics, NICE solutions enable
organizations to improve business performance, increase operational
efficiency, prevent financial crime, ensure compliance, and enhance safety
and security. NICE serves over 25,000 organizations in the enterprise and
security sectors, representing a variety of sizes and industries in more than
150 countries, and including over 80 of the Fortune 100 companies.
http://www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or registered
trademarks of NICE Systems. All other marks are trademarks of their
respective owners. For a full list of NICE Systems' marks, please see:
http://www.nice.com/nice-trademarks.
Forward-Looking Statements
This press release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including the statements by Messer Cohen, are
based on the current expectations of the management of NICE-Systems Ltd. (the
Company) only, and are subject to a number of risks and uncertainties that
could cause the actual results or performance of the Company to differ
materially from those described herein, including but not limited to the
impact of the global economic environment on the Company's customer base
(particularly financial services firms) and the resulting uncertainties;
changes in technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in absorbing
and integrating acquired operations, products, technologies and personnel;
loss of market share; pressure on pricing resulting from competition; and
inability to maintain certain marketing and distribution arrangements. For a
more detailed description of the risk factors and uncertainties affecting the
company, refer to the Company's reports filed from time to time with the
Securities and Exchange Commission, including the Company's Annual Report on
Form 20-F. The forward-looking statements contained in this press release are
made as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
Media contact:
Erik T. Burns erik.burns@millenniumbcp +351-917-265-020
Corporate Media
Galit Belkind NICE Systems +1-877-245-7448
galit.belkind@nice.com
Investors
Anat Earon-Heilborn NICE Systems +1-877-245-7449
ir@nice.com
Source: Nice Systems Ltd.
.
NICE Situator Enables Portugal's Largest Bank, Millennium bcp With Situation Management Capabilities, Consolidating the Security Operations of Approximately 900 Branches and Buildings
Bank Begins Production; Now Enabled With a Holistic View of Security Situations, the Bank Can React to Security Events in a Much More Efficient, Effective and Economic Way, Leveraging All its Legacy Security Systems Investments
RA'ANANA, Israel, May 16, 2011/PRNewswire-FirstCall/ -- NICE Systems Ltd. (NASDAQ: NICE), today announced that Portugal's largest
private bank, Millennium bcp, has launched production of the NICE Situator
open situation management solution to increase the effectiveness and
efficiency of its physical security monitoring and response. The NICE
solution is enabling the bank to reduce operational costs and optimize the
alignment of its corporate physical security policies, standards and
procedures across hundreds of branches in Portugal. NICE partner Diebold
Portugal is the system integrator for the project.
Vitor Monteiro, head of Physical Security at Millennium bcp, said,
"Deployment of the NICE Situator solution allows Millennium bcp to fully
integrate and centralize the bank's various physical security systems. Our
new control room operation was built through the integration of NICE Situator
in our IT systems architecture and implementing smarter situation management
solutions. There are many benefits. This integration provides us with
important operational cost savings. At the same time, the solution's advanced
workflows and rules enables us to reduce the number of false alarms, for
greater efficiency and effectiveness. Thanks to Situator we are able to track
and enforce compliance with the bank's policies and regulations, provide
reports to the management and support constant improvement. We have been
consistently impressed with the excellent support we receive from the NICE
team, and how easy it makes implementing the bank's procedures."
The security situation management needs of banks are many. Among these
are intrusion, invalid access control and tampering, robberies, alarm panel
communications failure and 'Early Disarm' and 'Late Arm' Situations. With
NICE Situator, Millennium bcp addresses these situations by receiving
automatic alarms with information on what has occurred. The NICE solution
does this by leveraging the existing Alarm Panels infrastructure and
extracting additional intelligence from already available data. The solution
also automatically connects a call between control room personnel and the
appropriate individual at the relevant branch. It also automatically places
calls to external agencies if needed, such as local city police. Furthermore,
it presents step-by-step instructions to the bank's security personnel on how
to handle the situation.
Shlomi Cohen, President of NICE EMEA, said, "We are pleased to enable
this leading bank with security situation management capabilities tailored
specifically for financial institutions and branches. By enabling automated
situation management, response planning and analysis in real time the bank
ensures the safety of its clients and personnel. Additionally, leveraging its
expertise in complex software security system integration, our Partner
Diebold Portugal was key for the success of this project at Millennium bcp."
Mr.Cohen continued, "The complete portfolio of NICE solutions when
leveraged together, can further help banks enhance fraud prevention by
leveraging information about suspicious employee transactions identified by
the NICE Actimize anti-fraud solutions with physical security information
such as access control and video surveillance. Thus, a complete and accurate
picture of internal fraud is provided allowing for early detection and
effective investigation."
For Millennium bcp, NICE Situator is deployed on Millennium bcp's
corporate network and monitors approximately 900 branches and other buildings
throughout Portugal. The NICE solution is integrated with a wide array of
bank sensors and security systems, including video surveillance, access
control, intrusion and fire alarm panels, fire detection systems, as well as
VoIP, text messaging and email gateways. NICE Situator merges data from these
sensors into a common operating picture, analyzing and correlating this
information, then applying standard operating procedures and automated
response plans.
The NICE Security Offering addresses the needs of governments and
enterprises with intent-based solutions for fighting crime and terror, by
anticipating, managing and mitigating safety, security and operational risks.
The offering enables capturing, analysis and correlation of data from
multiple sensors and systems, including audio, video, radio, geo-location and
web, providing a framework for fusing data silos into a single, holistic
operational view. NICE Security solutions empower organizations to act
effectively in real time to prevent, manage and investigate incidents,
ensuring fast resolution and debriefing, and continuous security
improvements. NICE Security solutions are deployed worldwide in
transportation systems, critical infrastructures, city centers and enterprise
campuses.
About Millennium bcp
Millennium bcp is Portugal's largest listed bank, with a banking
distribution network of approximately 900 branches in Portugal, as
well as retail operations in Poland, Greece, Romania, Mozambique and
Angola. Millennium bcp offers a wide range of banking products and
related services, including current accounts, payment instruments, savings
and investment products, mortgage loans, consumer credit, commercial banking,
leasing, factoring, insurance, private banking and asset management, and
investment banking, among others, serving its customers on a segmented basis.
More information can be found at
http://www.millenniumbcp.pt/site/conteudos/en/.
About Diebold
Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold employs more
than 16,000 associates with representation in nearly 90 countries worldwide
and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the
New York Stock Exchange under the symbol 'DBD'. For more information, visit
the company's website at http://www.diebold.com.
About NICE Systems
NICE Systems (NASDAQ: NICE), is the worldwide leader of intent-based
solutions that capture and analyze interactions and transactions, realize
intent, and extract and leverage insights to deliver impact in real time.
Driven by cross-channel and multi-sensor analytics, NICE solutions enable
organizations to improve business performance, increase operational
efficiency, prevent financial crime, ensure compliance, and enhance safety
and security. NICE serves over 25,000 organizations in the enterprise and
security sectors, representing a variety of sizes and industries in more than
150 countries, and including over 80 of the Fortune 100 companies.
http://www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or registered
trademarks of NICE Systems. All other marks are trademarks of their
respective owners. For a full list of NICE Systems' marks, please see:
http://www.nice.com/nice-trademarks.
Forward-Looking Statements
This press release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including the statements by Messer Cohen, are
based on the current expectations of the management of NICE-Systems Ltd. (the
Company) only, and are subject to a number of risks and uncertainties that
could cause the actual results or performance of the Company to differ
materially from those described herein, including but not limited to the
impact of the global economic environment on the Company's customer base
(particularly financial services firms) and the resulting uncertainties;
changes in technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in absorbing
and integrating acquired operations, products, technologies and personnel;
loss of market share; pressure on pricing resulting from competition; and
inability to maintain certain marketing and distribution arrangements. For a
more detailed description of the risk factors and uncertainties affecting the
company, refer to the Company's reports filed from time to time with the
Securities and Exchange Commission, including the Company's Annual Report on
Form 20-F. The forward-looking statements contained in this press release are
made as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
Media contact:
Erik T. Burns erik.burns@millenniumbcp +351-917-265-020
Corporate Media
Galit Belkind NICE Systems +1-877-245-7448
galit.belkind@nice.com
Investors
Anat Earon-Heilborn NICE Systems +1-877-245-7449
ir@nice.com
Source: Nice Systems Ltd.
.