UK quest for beneficial ownership gets easier with help from Alacra

/UK quest for beneficial ownership gets easier with help from Alacra/

UK quest for beneficial ownership gets easier with help from Alacra


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:

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|

Opus Makes Strategic Equity Investment in OThot

Growth Investment in Leading Innovator of Predictive Analytics

January 6, 2016   9:00 AM Eastern Daylight Time
PALO ALTO and PITTSBURGH – Opus, a leading provider of SaaS-based compliance solutions, today announced that it has made a strategic investment in OThot, a leading developer of cloud-based data science-driven platforms that dramatically reduce the cost and complexity of […]

By |January 6th, 2016|News, Opus Global|

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 […]

Top 4 Reasons to Have a Consistent Client Onboarding Process

The push to achieve a single customer view (SCV) has challenged onboarding teams to capture more KYC/AML data, and routinely review larger troves of existing data, to meet ever-evolving regulatory requirements. In this quest, four reasons for having a consistent client onboarding process stand out as promoting operational success.

1. Regulators Like Consistency

When the need arises […]