Alacra Compliance Named 2011 CODiE Award Finalist

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Alacra's risk and regulatory workflow tool competing for 2011 SIIA CODiE Award for "Best Solution Integrating Content into Workflow"

Best Solution Integrating Content into Workflow.

Alacra, a leading provider of online business information solutions, and a three time Software and Information Industry Association CODiE award winner, today announced that Alacra Compliance has been nominated as a 2011 CODiE Awards finalist. Alacra Compliance, a modular workflow application that helps financial institutions address risk and regulatory requirements with an efficient, consistent and documented investigative process is now a finalist for "Best Solution Integrating Content into Workflow."

Ken Wasch, President of the SIIA, praised Alacra for "its commitment to quality, excellence and innovation. The judges saw a lot of value in Alacra Compliance, and I wish them the best in the SIIA member voting process and the selection of winners."

Using Alacra Compliance, an investment or commercial bank can significantly accelerate their KYC, CIP, EDD, and credit investigation processes. Alacra Compliance allows for a single query across all critical data sources and generates one result set for all premium, proprietary and web content. An audit report feature automatically generates a PDF file of the investigator's findings, and the ability to add annotations makes recordkeeping for audits far simpler. In addition, Alacra Compliance, like other Alacra solutions, can be configured to match each firm's regulatory risk and anti-money laundering policies, as well as the look and feel of each firm's brand identity.

Perrin Kerravala recently reported on Alacra Compliance in VIP magazine, "Not only does the tool simplify compliance-related searching, it has the potential to help firms to standardize their source universe and reporting practices."

"Being recognized by our peers for best-in-class content integration is very exciting for us," said Steven Goldstein, Alacra CEO. "Building workflow solutions is truly what Alacra does best and it is a great thrill for our whole team."

Alacra also had the distinct honor of winning this same CODiE Awards category in 2008 with Alacra Book, a first-of-its-kind electronic publishing application used by investment banks, law firms, professional service firms, consultancies, and corporations in streamlining their daily preparation of Public Information Books (PIBs) or Briefing Books.

About Alacra, Inc.

Alacra develops workflow solutions that enable 300,000 end users at financial institutions, professional services firms and corporations to search for, extract, match and analyze mission-critical business information.

Alacra has under license the largest collection of premium business information in the world and continuously collects business data and financial events from a hand-curated universe of 3,000+ web-based sources. Alacra aggregates and filters this content; each configuration offers users a single point of access to disparate information sources. Bespoke applications keep Alacra's clients up-to-date on their customers, prospects, investments, competition, partners and suppliers, driving business development and streamlining operations.

Alacra's mission is to aggregate, integrate, package and deliver business and financial content in ways that are most useful to our clients, which include nine of the top 10 global investment banks, all four major accounting firms, and nine of the top 10 consulting firms.

For more information,visit http://www.alacra.com and http://www.alacra.com/products/compliance.

For press inquires and interviews, please contact:

Carol Ann Thomas
Marketing Manager
T: 212-806-3841
E: carolann(dot)thomas(at)alacra(dot)com

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Helena Plater-Zyberk

Carol Ann Thomas

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