Quickly deploy out-of-the-box best practices for streamlined and efficient KYC workflow
Alacra Compliance Professional provides a simple, effective Know Your Customer (KYC) workflow with ongoing monitoring. This SaaS solution can be purchased and deployed rapidly without IT assistance or detailed configuration decisions; greatly accelerating time-to-value.
Complete KYC, CDD and EDD – then receive updates from data partners like Dow Jones, Factiva, RDC, Worldcheck, as well as the Alacra Authority file.
- Rapid deployment with no hardware, software or detailed configuration decisions
- KYC out of the box – simply add your data sources and we are ready to go
- Reduce exposure to regulatory, revenue and reputation risk
- Demonstrate practices that follow regulatory guidance
- Avoid fines and costly investigations
Screen Customers for a Variety of Risk Events
Alacra Compliance Professional enables you to screen, then monitor your prospects, customers, counterparties and/or third parties for events that could impact their risk, such as:
- Complete ID verification and research beneficial ownership
- Risk factors such as listing status, domicile, rating, regulator
- PEP and watchlists/Global Sanctions or Enforcement lists
- Adverse news
And with surveillance, after your Customer is onboarded, should an event occur, you will be notified automatically so you can re-evaluate the entity and take appropriate action.