Client Onboarding

/Client Onboarding

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 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, […]

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 […]

Banks dramatically accelerate client onboarding with Alacra Compliance Messaging Service


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. […]

Bringing it All Together

It has become a cliché to say that satisfying the regulatory requirements facing financial services organisations comes down to data, but like many clichés, it is based on truth.

More accurately, firms need timely high quality data for reporting purposes and to automate many related processes such as KYC and anti-money laundering, as well as non-regulatory […]

Accuity Partners with Alacra for Improved KYC

NEW YORK & LONDON, 20 January 2015 – Alacra, the leader in client onboarding, reference data and business research solutions, today announced a partnership with Accuity, the publisher of Bankers Almanac, the essential reference source for financial counterparty assessment and efficient KYC due diligence. The partnership will integrate Bankers Almanac’s new […]

Alacra / NICE Actimize alliance creates new risk and anti-money laundering solution

Collaboration creates industry-leading customer risk assessment solution


22nd October 2014, New York & LondonAlacra, the leader in client onboarding, reference data and business research solutions, has announced today a formal alliance with NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest provider of financial crime, risk and compliance software […]

Alacra Compliance Primer – Robust Onboarding is Key to Customer Classification Compliance Under MiFID, FATCA and EMIR

As the push for transparency continues to evolve under MiFID, FATCA and EMIR, robust onboarding practices that comprehensively capture key attributes of each client, owner and counterparty will be needed to meet reporting requirements for customer classification. These regulatory schemes nudge existing AML/KYC systems into the realm of tracking client sophistication and understanding the purposes […]

How Technology Can Help On-Boarders Acquire and Understand Beneficial Ownership Information

In September we posted Upcoming Changes to KYC Beneficial Ownership Regulatory Requirements – A Primer, which outlined how different regulatory regimes were going to require more and more accurate beneficial ownership information.  This post spurred several conversations with KYC practitioners, many of whom asked how technology might help with the beneficial ownership burden.  Last […]

Alacra Compliance Enterprise Receives Positive Review from FreePint

Latest third party review validates Alacra’s investment in a flexible onboarding platform

New York – August 1, 2013: – Alacra, Inc., a leading provider of business information solutions for financial institutions and professional service firms is delighted to announce the latest third party review of Alacra Compliance Enterprise from FreePint, a provider of content industry news […]