NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators.
Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance.
Limited content to assess required skills
Nice Actimize had access to skill tests that had inadequate question content.
Time Consuming and Resource intensive process
Campus hiring involves a tremendous amount of logistics and there is pressure on recruiters to roll out offers in a single day. Any delay in hiring cycle means high chances of top candidates diverting to alternate options in the job market.
No measures to detect cheating
Moreover, Due to lack of cheating prevention tools, Nice Actimize had to deploy a large team to visit campuses and manually invigilate the tests.
An Exhaustive question bank with high quality content
With iMocha, Nice Actimize had access to the world's largest skills library. The question bank was exhaustive, and the content was quality checked and validated by top Subject Matter Experts. With the help of iMocha's Skill Consulting Services and a 24/7 responsive Customer Success team, Nice Actimize curated assessments to match their require- ments and standards. Such an assessment framework enabled them to hire top 35 stu- dents out of a massive pool of 350.
Strong cheating prevention tools to monitor candidates for campus hiring
By using a reliable set of proctoring tools including Window Violation checks, Image Proc- toring and Randomization of Question and Answers, Nice Actimize identified instances of cheating attempts. To top that, intensity of cheating was measurable based on the data presented in iMocha's proctoring reports. In addition to cheating insights, the test reports generated within 2 minutes of test submission also gave skill wise analytics and question insights for each candidate. Recruiters significantly reduced their decision-making time and did away with the need to visit campuses and monitor candidates during ongoing assessments.