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« PayPerPost: A Bad Idea | Main | Social Software 101 »

October 03, 2006

Alacra Launches Google-Powered Vertical Search Engine

Alacra Alacra today announced the deployment of Google Search Appliances as the underlying technology powering the Alacra Compliance Web. 

Compliance Web The Alacra Compliance Web is a vertical search engine used by financial institutions to accelerate the account vetting process.  The Alacra Compliance Web is an integral part of Alacra Compliance, which helps financial institutions employ a consistent and documented process for KYC and Enhanced Due Diligence efforts to meet Patriot Act, BSA and FSA requirements.

The Compliance Web is an index of more than 500 global regulatory organizations, hand-selected and classified by Alacra Content Analysts.  Sites include stock exchanges, government regulators, central banks, state insurance sites and more.  Using Google Search Appliances lets Alacra leverage Google’s strengths in quality and ranking and multilingual capabilities.

Highlights One unique feature of the vertical search engine is that it highlights in yellow any "adverse" terms, such as convicted, indict or subpoena.  These highlights help the user quickly identify any critical information among the search results.

Alacra has released, on a limited time basis, a searchable free trial version of the Alacra Compliance Web.  You can take it for a test drive here.

Typical questions that an Alacra Compliance Web Search might answer:
* Is Neoware listed on a U.S. stock exchange?
* Is Segoes Securities allowed to conduct business in the Cayman Islands?
* Has GLG Partners been the subject of any regulatory disciplinary actions?

For more on the Alacra Compliance Web, take a look at the FAQ.

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