Compliance

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Clean data demand holds back Mifid II – Alacra in Euromoney

“If more emphasis is being placed on using big data and algorithms then the data has to be good. If there are discrepancies it will not produce good results.”

Alan Samuels, VP of Reference Data at Alacra, said recently in an interview with Kimberly Long of Euromoney Magazine to discuss the implementation and impact of MifidII.

In her […]

Alacra and OutsideIQ bring artificial intelligence to due diligence reporting

FOR IMMEDIATE RELEASE

9 June 2016, New York & London: Regulatory SaaS technology leader Opus announced today that Alacra, its KYC and reference data management platform, has signed a distribution partnership with OutsideIQ, the leader in risk-focused, artificial intelligence software. The agreement will make OutsideIQ’s DDIQ, the industry’s most advanced automated due diligence […]

By |June 9th, 2016|Alacra, Compliance, Content Partners, Know Your Customer, News|

LEI update from Alacra – banks have LEIs for only 15% of their corporate hierarchies

FOR IMMEDIATE RELEASE

12 May 2016, New York & London: Regulatory SaaS technology leader Opus announced today that Alacra, its Know Your Customer (KYC) and reference data management platform for financial institutions, has issued the latest edition of Inside the LEI issue IX, its regular newsletter on Legal Entity Identifiers (LEIs).

Inside the LEI […]

UK quest for beneficial ownership gets easier with help from Alacra

FOR IMMEDIATE RELEASE

25 April 2016, New York & London: Regulatory SaaS technology leader Opus announced today that Alacra, its Know Your Customer (KYC) and reference data platform, has integrated the beta version of the UK Companies House API into Alacra Compliance Enterprise (ACE). ACE, Alacra’s flagship KYC and onboarding service, leverages the new […]

Why is it so hard to know who you’re doing business with?

Every bank wants to achieve a single view of a customer, but no-one has found an easy, cost-effective, scalable way to do it. The simple fact is that there is too much customer information, entering the bank from too many places, to align and maintain into a single view. An effective solution would reduce costs, […]

What do banks need to know about their customers, but don’t?

Banks know many things about their customers.

They know these things for three reasons. The first is that they have to, writes Steve Goldstein. There are many regulations that require a bank to know its customers, primarily to prevent money-laundering and combat the financing of terrorism.

The second reason is to assess risk. Banks need to know […]

First 72 hours after a cyber attack are critical, says law firm

In this article, Alacra’s VP of Compliance Solutions, Kelvin Dickenson discusses cyber attacks with Thomson Reuters.

“Banks that are seen to offer the most robust and proactive protection for their customers will be better able to recruit and retain business,” Dickenson said….”A bank that builds confidence by making online interactions secure, by educating their customers on […]

Banks dramatically accelerate client onboarding with Alacra Compliance Messaging Service

FOR IMMEDIATE RELEASE

26 October 2015, New York & London: Alacra Inc., an Opus Global company, and the leading provider of compliance and reference data solutions for financial institutions, corporations and professional service firms, has today announced the launch of the enhanced Alacra Compliance Messaging Service (ACMS) at the AMLP European Conference. […]

Hiperos Posts Record Third-Quarter Results, Signs Record Deal

Third-Party Management Leader’s Strong Performance Highlights Market Momentum as Companies Seek Better Protection Against Revenue Loss, Reputational Damage and Regulatory Risk

BRANCHBURG, N.J., October 8, 2015 – Hiperos, an Opus Global company, and the leading provider of third-party management software, today announced record results for the third quarter of 2015, with 64 percent year-on-year growth in […]

By |October 8th, 2015|Compliance, Hiperos, Information Industry, News, Opus Global, Posts|

Opus Global, Compliance and Risk Leader, Acquires Alacra

Adds leading AML, KYC capabilities to leading SaaS-based Compliance Platform

FOR IMMEDIATE RELEASE

New York, NY, Palo Alto, CA – September 30th, 2015 Opus Global, a leading provider of SaaS-based compliance solutions, today announced that it has acquired Alacra, Inc., a leading provider of Know Your Customer (KYC), Anti-Money Laundering (AML) and […]