Alacra Launches Batch Compliance Application
Alacra has launched Alacra Compliance: Batch, a companion module to its interactive Alacra Compliance application.
Alacra Compliance helps financial institutions comply with Know Your Customer
provisions of the USA Patriot Act, Bank Secrecy Act and UK Financial Services Authority. The Batch module automates the watch list checking portion of the new customer on-boarding process and remediation of existing accounts.
Alacra Compliance: Batch can be configured to use watch lists such as OFAC SDN and Bank of England Sanctions lists as well as premium databases such as World-Check.
Alacra is exhibiting this week at the Money Laundering Conference in Florida. If you're there, stop by booth 101 and say hello.
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