-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 N4g7Rydu9rKGlOzCVyVyeQbNj2aBVvsdsskxYjcqRO26XImZfnM4uA70UEFHYQCq
 nggA1M/ZGclwHlmXI3pacA==

<SEC-DOCUMENT>0001144204-09-043855.txt : 20090814
<SEC-HEADER>0001144204-09-043855.hdr.sgml : 20090814
<ACCEPTANCE-DATETIME>20090814171627
ACCESSION NUMBER:		0001144204-09-043855
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090814
DATE AS OF CHANGE:		20090814
GROUP MEMBERS:		PLATINUM PARTNERS LEGACY FEEDER LTD
GROUP MEMBERS:		PLATINUM PARTNERS LIQUID OPPORTUNITY FUND L.P.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VERINT SYSTEMS INC
		CENTRAL INDEX KEY:			0001166388
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				113200514
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82608
		FILM NUMBER:		091017084

	BUSINESS ADDRESS:	
		STREET 1:		330 SOUTH SERVICE ROAD
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6319629600

	MAIL ADDRESS:	
		STREET 1:		330 SOUTH SERVICE ROAD
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Platinum Partners Value Arbitrage Fund, LP
		CENTRAL INDEX KEY:			0001299265
		IRS NUMBER:				141861954
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		152 WEST 57TH STREET
		STREET 2:		54TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-581-0500

	MAIL ADDRESS:	
		STREET 1:		152 WEST 57TH STREET
		STREET 2:		54TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>v158209_sc13g.txt
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Amendment No __)

                               VERINT SYSTEMS INC.
                               -------------------
                                (Name of Issuer)

                    Common Stock, par value $0.001 per share
                    ----------------------------------------
                         (Title of Class of Securities)

                                    92343X100
                                    ---------
                                 (CUSIP Number)

                                 August 5, 2009
                                 --------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)

<PAGE>

CUSIP No. 92343X100

(1) Names of Reporting Persons.

Platinum Partners Value Arbitrage Fund LP

(2) Check the Appropriate Box if a Member of a Group (See Instructions).
(a) [X]
(b) [ ]

(3) SEC Use Only.

(4) Citizenship or Place of Organization.

Cayman Islands

                    (5) Sole Voting Power: 396,860

Number of Shares    (6) Shared Voting Power: 0
Beneficially Owned
by Each Reporting   (7) Sole Dispositive Power: 396,860
Person With
                    (8) Shared Dispositive Power: 0

(9) Aggregate Amount Beneficially Owned by Each Reporting Person.

396,860 shares of common stock

(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares. [ ]

(11) Percent of Class Represented by Amount in Row 9.

1.2%

(12) Type of Reporting Person (See Instructions).

PN


                                       2
<PAGE>

CUSIP No. 92343X100

(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons
(entities only).

Platinum Partners Legacy Feeder Ltd

(2) Check the Appropriate Box if a Member of a Group (See Instructions).
(a) [X]
(b) [ ]

(3) SEC Use Only.

(4) Citizenship or Place of Organization.

Cayman Islands

                    (5) Sole Voting Power: 1,212,140

Number of Shares    (6) Shared Voting Power: 0
Beneficially Owned
by Each Reporting   (7) Sole Dispositive Power: 1,212,140
Person With
                    (8) Shared Dispositive Power: 0

(9) Aggregate Amount Beneficially Owned by Each Reporting Person.

1,212,140 shares of common stock

(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares. [ ]

(11) Percent of Class Represented by Amount in Row 9.

3.8%

(12) Type of Reporting Person (See Instructions).

OO


                                       3
<PAGE>

CUSIP No. 92343X100

(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons
(entities only).

Platinum Partners Liquid Opportunity Fund L.P.

(2) Check the Appropriate Box if a Member of a Group (See Instructions).
(a) [X]
(b) [ ]

(3) SEC Use Only.

(4) Citizenship or Place of Organization.

Delaware

                    (5) Sole Voting Power: 8,697

Number of Shares    (6) Shared Voting Power: 0
Beneficially Owned
by Each Reporting   (7) Sole Dispositive Power: 8,697
Person With
                    (8) Shared Dispositive Power: 0

(9) Aggregate Amount Beneficially Owned by Each Reporting Person.

8,697 shares of common stock

(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares. [ ]

(11) Percent of Class Represented by Amount in Row 9.

<0.1%

(12) Type of Reporting Person (See Instructions).

PN


                                       4
<PAGE>

Item 1.

(a) Name of Issuer.

Verint Systems Inc.

(b) Address of Issuer's Principal Executive Offices.

330 South Service Road
Melville, New York 11747

Item 2.

(a) Name of Person Filing.

         (1) Platinum Partners Value Arbitrage Fund LP
         (2) Platinum Partners Legacy Feeder Ltd
         (3) Platinum Partners Liquid Opportunity Fund L.P.

(b) Address or Principal Business Office or, if none, Residence.

         (1), (2) and (3): 152 West 57th Street, 54th Floor
                           New York, NY 10019

(c) Citizenship or Place of Organization.

         (1) Cayman Islands
         (2) Cayman Islands
         (3) Delaware

(d) Title of Class of Securities.

Common Stock, par value $0.001 per share

(e) CUSIP No.

92343X100

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:

      (a)  [ ]  Broker or dealer registered under section 15 of the Act.
      (b)  [ ]  Bank as defined in Section 3(a)(6) of the Act.
      (c)  [ ]  Insurance company as defined in Section 3(a)(19) of the Act.
      (d)  [ ]  Investment company registered under section 8 of the Investment
                Company Act of 1940.
      (e)  [ ]  An investment adviser in accordance with Rule
                13d-1(b)(1)(ii)(E);
      (f)  [ ]  An employee benefit plan or endowment fund in accordance with
                Rule 13d-1(b)(1)(ii)(F);
      (g)  [ ]  A parent holding company or control person in accordance with
                Rule 13d-1(b)(1)(ii)(G);
      (h)  [ ]  A savings association as defined in Section 3(b) of the Federal
                Deposit Insurance Act (12 U.S.C. 1813);
      (i)  [ ]  A church plan that is excluded from the definition of an
                investment company under section 3(c)(14) of the Investment
                Company Act of 1940;
      (j)  [ ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


                                       5
<PAGE>

Item 4. Ownership.

     (a) Amount Beneficially Owned:

         Platinum Partners Value Arbitrage Fund LP -- 396,860 shares of common
         stock
         Platinum Partners Legacy Feeder Ltd -- 1,212,140 shares of common
         stock
         Platinum Partners Liquid Opportunity Fund L.P. -- 8,697 shares of
         common stock

     (b) Percent of class:

         Platinum Partners Value Arbitrage Fund LP - 1.2%
         Platinum Partners Legacy Feeder Ltd - 3.8%
         Platinum Partners Liquid Opportunity Fund L.P. -- <0.1%

     (c) Number of shares as to which such person has:
         Platinum Partners Value Arbitrage Fund LP
         (i) Sole power to vote or to direct the vote: 396,860
         (ii) Shared power to vote or to direct the vote: 0
         (iii) Sole power to dispose or to direct the disposition of: 396,860
         (iv) Shared power to dispose or to direct the disposition of: 0

     (c) Number of shares as to which such person has:
         Platinum Partners Legacy Feeder Ltd
         (i) Sole power to vote or to direct the vote: 1,212,140
         (ii) Shared power to vote or to direct the vote: 0
         (iii) Sole power to dispose or to direct the disposition of: 1,212,140
         (iv) Shared power to dispose or to direct the disposition of: 0
     (c) Number of shares as to which such person has:
         Platinum Partners Liquid Opportunity Fund L.P.
         (i) Sole power to vote or to direct the vote: 8,697
         (ii) Shared power to vote or to direct the vote: 0
         (iii) Sole power to dispose or to direct the disposition of: 8,697
         (iv) Shared power to dispose or to direct the disposition of: 0


                                       6
<PAGE>

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than 5
percent of the class of securities, check the following [ ].

Item 6. Ownership of More than 5 Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required. N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person.

If a parent holding company or control person has filed this schedule, pursuant
to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit
stating the identity and the Item 3 classification of the relevant subsidiary.
If a parent holding company or control person has filed this schedule pursuant
to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification
of the relevant subsidiary. N/A

Item 8. Identification and Classification of Members of the Group.

If a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the
identity of each member of the group. See attached Joint Filing Agreement.

Item 9. Notice of Dissolution of Group.

Notice of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to transactions in
the security reported on will be filed, if required, by members of the group, in
their individual capacity. N/A

Item 10. Certifications

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.


                                       7
<PAGE>

                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated: August 14, 2009

PLATINUM PARTNERS VALUE ARBITRAGE FUND LP


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer

PLATINUM PARTNERS LEGACY FEEDER LTD


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer

PLATINUM PARTNERS LIQUID OPPORTUNITY FUND L.P.


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer


                                       8
<PAGE>

Exhibit 1

                             JOINT FILING AGREEMENT

      In accordance with Rule 13d-1(k) promulgated under the Securities Exchange
Act of 1934, as amended, each of the undersigned does hereby consent and agree
to the joint filing on behalf of each of them of a Statement on Schedule 13G and
all amendments thereto with respect to the Common Stock, par value $0.001 per
share, of Verint Systems Inc. beneficially owned by each of them, and to the
inclusion of this Joint Filing Agreement as an exhibit thereto.

Dated: August 14, 2009

PLATINUM PARTNERS VALUE ARBITRAGE FUND LP


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer

PLATINUM PARTNERS LEGACY FEEDER LTD


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer

PLATINUM PARTNERS LIQUID OPPORTUNITY FUND L.P.


By: /s/ OLIVER JIMENEZ
    -------------------------------------------------
    Name: Oliver Jimenez
    Title: Chief Compliance Officer


                                       9

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----