Content Matters: Alacra Compliance Wins Model of Excellence Award

The InfoCommerce Group has chosen Alacra Compliance as winner of its Model of Excellence Award. The annual Model of Excellence Awards recognize innovative companies which effectively combine world-class software with high quality data.

Alacra Compliance was selected a winner in the “Mixed Models: Process Integration” category, which focuses on workflow-based applications which leverage content combined with software.

According to InfoCommerce CEO Russell Perkins, “Alacra Compliance is an innovative workflow application that helps financial institutions get their arms around rapidly changing regulatory requirements”.

Since its launch earlier this year, Alacra Compliance has been well-received by AML and Compliance officers, seeking ways to streamline their processes to comply with Anti-Money Laundering, Know-Your-Customer and Enhanced Due Diligence requirements. Alacra Compliance enables federated searching across premium content, public records web sites and the Alacra Compliance Web, a vertical search engine, delivering a single set of results geared specifically towards research needed for Patriot Act, BSA and FSA compliance.

The Model of Excellence Award will be presented to Alacra at the annual InfoCommerce Conference, to be held October 10-12 in Philadelphia.