Robust M&A activity can help a lot of businesses in New York and Alacra is one of them. So, at the beginning of every year I make a habit of reading a bunch of projections for the coming year. The past few years have been slow; the forecast for 2013 is mixed. One would think […]
For several years Alacra has been playing in both the reference data arena with our Concordance services and in the Know-Your-Customer (KYC) / anti-money laundering (AML) arena with Alacra Compliance. We’ve been talking to customers about how these two worlds were going to converge, especially in light of the regulatory and […]
Prior to the 2008 financial crisis there had been a complicated web of banking regulations that affected financial institutions around the world. In response to the financial crisis, regulators have been busy at work drafting new regulations aimed at reducing the chances of a similar meltdown in the future. Earlier this summer we released
“I can’t keep track of all these financial regulations!” We had heard that more times than we could count so we whipped together The Periodic Table of Bank Regulation […]
Last week was a busy and interesting week on the financial institution conference circuit. In New York there was the Financial Information Management conference (FIMA); in Hollywood, Florida there was the 17th Annual Anti-Money Laundering Conference; and in Miami, Florida there was the SIFMA Annual Compliance and Legal Society […]
Those of us in the reference data arena have been paying close attention to the progress being made in bringing the LEI (Legal Entity Identifier) to life. There remain significant hurdles to clear before the LEI is actually created and adopted by the initial set of users and entities – swap dealers and major swap […]
The recent hire of two key new executives charged with leading the continued growth of Alacra’s regulatory compliance and reference data management services.
Driving changes to the way financial services firms handle client, prospect and counterparty data are regulatory mandates around Know Your Customer, Anti-Money Laundering, operational and credit risk assessments. Further, there is a […]