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« The Death of Newspapers | Main | Can Jimmy Cayne Afford Retirement? »

March 28, 2008

Alacra Book Named 2008 SIIA CODiE Finalist

Alacra Book has been named a finalist in the SIIA CODiE awards.

The annual CODiE awards recognize leading products across three groups: Content, Technology and Education. Nominated products are reviewed by an SIIA-appointed judging panel who select the finalists. Winners will be selected by SIIA member votes and will be announced at the upcoming SIIA NetGain conference.

Alacra Book is a finalist in the Best Solution Integrating Content Into Workflow category (OK, that's a mouthful to say, but it's fairly descriptive of the category).

Alacra Book is a workflow application which enables investment banks and professional services firms to streamline the process of creating briefing books and public information books (PIBs), a key element of the business development process. Traditionally, creation of a PIB took an analyst or associate 3-4 hours, utilizing the individual products from each of their content providers. Alacra Book cuts that time to 10-15 minutes by integrating all of the databases into a simple workflow.  Today, 19 of the 20 largest investment banks have cut their research costs through use of Alacra Book.

The CODiE's are a competitive process - there were more than 1,000 nominations.  We're thrilled to have been named a finalist and look forward to the announcement of the winners May 20.  For those of you attending NetGain, I'll be a panelist on the Platforms - Will they Tilt In Your Favor? panel and hope to see you there.

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