Global banks rely on Alacra Compliance workflow solutions to address the operational and regulatory requirements of KYC at all stages of the Client lifecycle.

Alacra Compliance Professional is the entry-level, easy-to-deploy option with a pre-configured KYC workflow – just add data sources and go.

For the bank with more unique requirements, Alacra Compliance Enterprise allows for custom workflows, advanced KYC/CIP rules, classifications, more complex integrations and configurable user interface features.

Product Feature Professional Enterprise
Out of the box
Deployment as little as one week ~10–12 weeks
Streamline KYC (CDD and EDD) investigations
Efficient workflow management
Surveillance module available
Audit trail
Standardized process for KYC data searches
Alacra Data Solutions/CIA
Integrated premium data sources
Google integrated
Open source research
EDD features
Customer-specific data/lists
Waterfall/refine news search results
Configurable due diligence report (PDF) *
Configurable user interface *
Configurable user roles & permissions *
Configurable status & approvals process *
Configurable business rules *
Extensive front & back office integration
KYC/CIP rules module available
Risk levels & classifications
Manage periodic review schedule
Subtenants/instances available

*Feature is preconfigured