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

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

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 […]

Inside the LEI – Issue IX

In this edition of Inside the LEI we assess the penetration of the LEI among important financial market participants, such as regulated entities and subsidiaries of the largest banks. We also look at the continued growth and  distribution of LEI issuance globally, and the latest statistics on lapse rates.

In the last quarter, the LOUs issued a little over […]

Alacra Talks Optimizing KYC at DMS in London

Alan Samuels, Alacra VP of Reference Data Solutions tells A-Team the next wave of best practice will optimize KYC and onboarding across organisations. Read More…

Optimizing KYC at DMSThe data management challenges presented by KYC and onboarding, as well as the opportunities of optimal performance, […]

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 […]

Survey shows regulatory scrutiny increasing on financial institutions’ third party relationships

New York, April 19, 2016 – Regulatory SaaS technology leader Opus announced today the results of a survey conducted by Hiperos, its market leading third-party management platform, during its 2nd Annual Financial Services Regulatory Knowledge Forum. The Third-Party Risk Management event, held in Washington DC in March, was an opportunity for over 150 […]

Bringing Content to Life within Business Workflow

Financial IT met with Steve Goldstein, the New York-based CEO of Alacra, to discuss the critical importance of a single, comprehensive view of client-related information both for individuals and companies. – See more at: http://financialit.net/content/bringing-content-life-within-business-workflow

Inside the LEI – Issue VIII

As we enter 2016, almost 100,000 of the LEI registrations have not been renewed— meaning that close to 24% of the total LEI universe have lapsed…As issuance of LEIs to entities that are active in the financial markets grows (as evidenced by them being rated, regulated and/or listed) we expect the LEI lapse rate to […]

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 […]

Opus Extends its Regulatory Technology Leadership with Strong 2015 Results

Secular Demand in Regulatory Technology Powers Annual Organic Revenue Growth of 50%

2015 Acquisition of Alacra Extends Financial Services Regulatory Offerings

Third Party Management (3PM), Know Your Customer (KYC), Anti-Money Laundering (AML) and Reference Data Solutions Power Growth Engine 

Palo Alto, CA, January 13, 2016 – Opus, a leading provider of SaaS-based compliance solutions, today announced record financial […]

By |January 13th, 2016|Hiperos, Know Your Customer, News, Opus Global|