Featurespace ARIC Fraud Hub vs Nice Actimize Fraud & Authentication Management comparison

"The most valuable feature is its zero degradation model. You don't have to train the model every three to six months, and it automatically functions."

"I like the tracking methodology. Though it was implemented on-premises, the compliance is compatible with it. It will have certain modifications with RPM and APR. It has good exposure from a compliance point of view."

"It's a very good case management system."

"I like the score generated on the Actimize platform for each customer transaction. Those are transactions per second, accommodating millions of transactions per second. That's the best feature of Actimize."

"The solution loads big data efficiently and quickly."

"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."

"The solution is easier to set up, configure, and use than other products."

"They have a very expansive transaction monitoring fleet. They have a lot of models and rules to choose from. Its flexibility or ability to customize a model is very impressive as compared to other platforms."

"The solution user-friendly interactive, informative and it is also very light."

"The rule-writing language could be improved to make it more understandable."

"I would say — Actimize is not being moved forward by Nice."

"Could include additional customization"

"The patch section has room for improvement."

"It has become too complex for its own good with a lot of versions. They are trying to do too much. Instead of keeping it sort of traditional and keeping the core search engine as a standalone and having analytical bolt-ons, they have decided to jam it all into the same product, which made the product overly complex and difficult to implement."

"From the front end side, the UI is definitely user-friendly. It is highly compatible as long as the reading is at the coding point of view. But it can't provide certain high coding. When a person clicks on any kind of scenario or alert, I would like to have a metadata help menu."

"It would be better if it integrated with other tools. Actimize uses many databases, and everything on Actimize has been deployed to the database. On the customer side, on the front end side, if they focus more on integrating with other applications, it can make the tool better. The reporting feature and dashboards could be better. In the next release, I would like them to incorporate a Tableau-type reporting structure within this tool."

"One of the problems that our clients generally talk about is the price of the product when they have to purchase the product and the licenses for it. Those are on the higher side."

"It is complex in terms of daily maintenance. Other detection platforms run on a 15-day or one-month window, whereas this particular platform runs daily. Therefore, it requires daily maintenance. If there is a delay due to this daily maintenance, it creates a snowball effect impacting the subsequent days. It takes a lot of effort to catch up and get into BAU mode. It would be great if they could include certain features to make the daily processing less complex, but I don't see that happening. It is a complex product, and with each version release, it is just becoming more and more complex."

"The pricing is reasonable. It is not cheap, but it is fair."

"I don't know how licensing is handled in the current organization. I know that Actimize provides an option for yearly licensing because that's what we had in my previous job."

"I don't like the length of our vendor contracts because it kills our flexibility."

"We need a separate license for each of the packages, such as the core package, self-development package, and customization package."

"Nice Actimize Fraud & Authentication Management is an expensive product."

"It is reasonable for enterprise customers."