New Verint EdgeVMS Includes Optimized Bandwidth, Improved Surveillance Analytics and Robust Forensic Search Tools
MELVILLE, N.Y., July 29, 2015 – Verint® Systems Inc.(NASDAQ: VRNT) today introduced the release of its newest version of Verint EdgeVMS™, which includes powerful new features specifically designed to benefit customers in the financial market.
The new release of Verint EdgeVMS provides enhancements to the enterprise-class Verint Vid-Center™, Verint Op-Center™ and Verint EdgeVR™ solutions. These innovations were designed to provide advanced functionality to customers in the financial market in the areas of bandwidth optimization, remote access and robust surveillance analytics. The new Verint EdgeVMS includes two new search capabilities to help financial institutions more readily investigate and detect fraud and theft attempts. Among the advancements are:
Rapid access to specific transaction parameters or individual characteristics are critical to helping banks locate suspicious transactions or anomalies. For example, operators can search Verint EdgeVMS for all transactions that were above a certain monetary value. Also, by using the solution’s forensic face search capabilities, they can quickly identify people involved in a suspicious transaction by comparing their faces with criminal databases.
“The new search capabilities offered in Verint EdgeVMS provide a powerful tool for banks to investigate and detect potential fraud and theft,” says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. “With enhanced event and transaction search, and forensic face search functionality, operators can improve visibility into customer transactions, adding context over time to detect patterns that might indicate theft or fraud. By improving situational awareness, operators can gain new levels of intelligence, and react to incidents faster and more effectively.”
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.
1 Accenture Consulting, “Compliance: Dare to be Different, 2017 Compliance Risk Study”
This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2018, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2018, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.
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