Brookfield in talks to acquire Actimize from Nice for $2 billion
What happened
Brookfield is reportedly in talks to acquire Actimize from Nice for $2 billion. The Canadian investment company's financial infrastructure arm is conducting the negotiations. Nice, which acquired Actimize in 2007, has been seeking to sell the financial risk management division. The report notes that other non-binding offers for Actimize have been mentioned in the range of $2.5 billion.
From globes.co.il
Why it matters
Actimize is a financial risk management platform utilized by KeyBank for managing financial crime operations and by Aberdeen Group for AML solutions. The potential sale could change the ownership and control of this division, which is a core part of Nice's business.
From globes.co.il
Who's involved
- NiceCompany that owns Actimize and provides customer relationship and risk management solutions
- ActimizeFinancial risk management division being discussed for acquisition
- KeyBankUses Actimize's platform for managing and enhancing financial crime operations
- Aberdeen GroupReceives AML solutions from Actimize as part of a service contract
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ActimizeSpeculative
Actimize could see a change in ownership and control upon acquisition.
- KeyBankSpeculative
KeyBank might see changes in the cost or availability of financial crime management services.
- Aberdeen GroupSpeculative
Aberdeen Group could see changes in the cost or availability of AML solutions.