Circle commissions market surveillance tech from NICE Actimize

NICE Actimize will implement its market surveillance and protections strategy within Circle’s infrastructure, the company said in a press release. The solution will amplify the blockchain startup’s market manipulation defenses.

“Circle has adopted a strong position on policy and crypto-related regulatory issues that focuses on the safety of our customers and investors,” said Robert Bench, Circle’s Head Regulatory Counsel and Chief Compliance Officer. He added that NICE Actimize’s solution “brings this commitment full circle.” The company’s exchange and trading products currently hold monthly trading volume of over $3 billion.


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NICE Actimize’s Markets Surveillance solution makes the detection of possible market manipulation threats more efficient by reducing false positives within its configurable rules engine.

“[We] are excited to be one of the industry’s first financial crime solutions providers to tackle the exciting new cryptocurrency category with secure and cost-effective protections,” said Craig Costigan, the CEO of NICE Actimize.