Applications & Technology

Alacra's development efforts in the first quarter of 2007 remained focused on our 4C strategy. Alacra Compliance continued to evolve as we added 34 sites to our web crawl and launched the Batch Module. Our Current Awareness application now allows users to request up-to-date information on companies of interest directly from their PDA.

Alacra Compliance - Batch Module

Alacra’s Batch Module for Compliance is a fully automated, secure process that checks your customer files against premium content sources and regulatory data files.  This highly scalable process simplifies your on-boarding activities by making it easy to implement a risk-based approach to ongoing client remediation.

BENEFITS:

  • Rapid checking of customers against key watch lists and regulatory authorities
  • Scalable solution can handle more than one million records per day
  • Watch lists are automatically updated intra-day, so you’ll always have the most up-to-date information
  • Supports a risk-based approach to remediation to meet statutory requirements on a global basis
FEATURES:
  • Fully automated checking of people, companies or other entities
  • Identifies potential matches to Watch Lists (e.g. OFAC SDN, Bank of England), premium databases such as World-Check, and regulatory lists
  • Secure platform ensures protection of critical customer information
  • Configurable match settings let you fine-tune results to meet your firm’s needs
  • AML Dashboard allows you easily monitor the status of all of your submissions

Alacra On Demand

Alacra On Demand is a brand new Alacra service that allows customers to email a ticker or company name to Alacra and fetch specific premium reports directly to their Blackberry/PDA.

BENEFITS

  • Email service delivery of company information on-the-fly.
  • Blackberry/PDA access to critical data before a meeting.
  • A value-add for anyone who spends time on the road.
  • Robust bill-back/project tracking features to monitor costs.

Worth a Read

Steve Goldstein's Alacra Blog series on Alacra Concordance and Alacra's solutions for managing reference data:
What does Concordance mean?
How we achieve Concordance.
Who needs Concordance?