The Alacra Authority File (AAF) is a database of 210,000+ entities containing counterparties that are common to many financial institutions. These entities are constantly monitored and updated to reflect current corporate events and can be delivered to a client on a daily basis.
The AAF includes any entity that meets one of these criteria:
From a KYC and CDD perspective, these entities are often classified as low-risk. Alacra tracks material changes to these entities that could affect their assigned risk status and provides daily updates to clients. Alacra also tracks corporate events such as mergers, acquisitions, bankruptcies, de-listing and regulatory changes which can be included in the daily feed, or are available through Alacra’s Counterparty Intelligence Application (CIA). A comprehensive entity identifier map is included in the Alacra Authority File.