Blog

1506, 2015

Alacra’s new outsource on-demand research service takes off

By |June 15th, 2015|Alacra, Content Partners, Information Industry, News|

FOR IMMEDIATE RELEASE

15th June 2015, New York & London: Alacra Inc., the leading provider of business information solutions for financial institutions, corporations and professional service firms, announced today a significant uptake of its unique Alacra-on-Demand (AOD) research service from asset managers, hedge funds and private equity firms. Soft-launched in February, AOD is the […]

906, 2015

Alacra Reference Data Alert – Inside the LEI – Issue VI

By |June 9th, 2015|Alacra, Customer and Enhanced Due Diligence, Financial Regulations, Legal Entity Identifiers, Posts, Reference Data, White Papers|

Currently, more than 360,000 entities have been assigned an LEI. Over 25,000 of those have been newly assigned since our last review in March 2015. Alacra’s current analysis indicates that, while the number of registered entities has increased, quality and utility issues within the database have increased as well. At this point, over 70,000 of […]

2805, 2015

Inside the GIIN

By |May 28th, 2015|Alacra, Legal Entity Identifiers, Posts, Reference Data|

Like our popular “Inside the LEI” series, Alacra’s latest Reference Data Alert goes “Inside the GIIN” to detail this identifier and the universe it covers.

The GIIN or Global Intermediary Identifier Number is issued by the IRS to foreign financial institutions (FFIs) as part of the […]

2705, 2015

Alacra Reference Data Alert – Inside the GIIN – Issue I

By |May 27th, 2015|Alacra, Customer and Enhanced Due Diligence, Know Your Customer, Legal Entity Identifiers, Reference Data, White Papers|

Like our popular “Inside the LEI” series, Alacra’s latest Reference Data Alert goes”Inside the GIIN” to detail this identifier and the universe it covers.

The GIIN or Global Intermediary Identifier Number is issued by the IRS to foreign financial institutions (FFIs) as part of the Foreign Account Tax Compliance Act (FATCA). The goal of FATCA is […]

1305, 2015

If You Knew Google Like We Know Google or why Google is not (Google), Goog!, Goo* AND/OR a ~Google

By |May 13th, 2015|Alacra, Compliance, Internet and Technology, Posts|

In the world of KYC, Google has become a ubiquitous component of client onboarding, CDD, EDD and Vendor Due Diligence best practices. Searches are often written once and then enshrined in procedures. As a supplement to checks against traditional sanctions, public record, PEP, criminal record, litigation and specialized adverse media providers, a Google search can reveal valuable, risk relevant […]

1105, 2015

Alacra first to link GIINs to LEIs, and other common entity identifiers

By |May 11th, 2015|Alacra, Information Industry, Legal Entity Identifiers, News, Reference Data|

11 May 2015, New York & London: Alacra, the leader in client onboarding, reference data and business research solutions, today announced the addition of GIINs (Global Intermediary Identifier Number) to the Alacra Authority File Plus (AAF+). GIINs are issued by the IRS to foreign financial institutions (FFIs) as part of the Foreign Account Tax […]

1304, 2015

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

By |April 13th, 2015|Alacra, Client Onboarding, Compliance, Financial Regulations, Know Your Customer, News, Vendor Due Diligence|

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 […]

804, 2015

Interest in LEI is in US

By |April 8th, 2015|Business & Finance, Financial Regulations, Legal Entity Identifiers, Posts, Reference Data, Uncategorized|

804, 2015

Interest in LEI has plummeted

By |April 8th, 2015|Business & Finance, Financial Regulations, Legal Entity Identifiers, Posts, Reference Data, Uncategorized|

104, 2015

Three Wishes for GIINs

By |April 1st, 2015|Alacra, Customer and Enhanced Due Diligence, Financial Regulations, Know Your Customer, Legal Entity Identifiers, News, Reference Data|

by Alan Samuels, VP Reference Data Solutions, Alacra Inc. for Inside Reference Data

GIIN identifiers being issued as part of compliance with US Fatca tax reporting law do not contain enough information, writes Alacra’s Alan Samuels, who offers suggestions on what ought to be done

There is an increasing focus on global intermediary identifier numbers (GIINs), […]