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 multiple sources.

Some of the many Alacra Surveillance sources including Thomson Reuters World Check, Factiva, rdc, Dow Jones, Alacra Authority File

Benefits

  1. Rapid deployment with no hardware, software or detailed configuration decisions
  2. KYC out of the box — simply add your data sources and we are ready to go
  3. Reduce exposure to regulatory, revenue and reputation risk
  4. Demonstrate practices that follow regulatory guidance
  5. 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.

Compare Alacra compliance editions

Resources