Alacra, Inc., a provider of online business information solutions, has announced the deployment of Google Search Appliances to create the Alacra Compliance Web, a vertical search engine designed to facilitate the account vetting process for financial institutions. The Alacra Compliance Web is a part of Alacra Compliance, which helps banks and broker/dealers employ a comprehensive and documented process for Customer Identification Programs (CIP), Know-Your-Customer (KYC) efforts, and Enhanced Due Diligence (EDD) to meet Patriot Act, BSA, and FSA regulatory requirements.
The Alacra Compliance Web is a continuously updated index of more than 500 global regulatory websites including stock exchanges, government regulatory agencies and insurance regulators. Specific features include: Google Quality and Ranking for each query; a compliance- specific taxonomy, including sites hand-selected and classified by Alacra Content Analysts; dynamic page summaries designed to allow users to judge the relevance of results with dynamically generated snippets showing your query, in bold text, within the context of the page; and multi-lingual capabilities. As part of the launch, Alacra has released a searchable free trial version of the Alacra Compliance Web.