Opus Debuts Alacra Regulation Guide

Regulatory software-as-a-service provider Opus has added a regulatory reference tool to its Alacra know-your-customer and reference data management platform.

Alacra's Periodic Table of Bank Regulation and Compliance is being provided for free and contains information on all global regulations and regulatory bodies governing the financial industry. Along with bank regulation and compliance, the service includes information on the US Foreign Account Tax Compliance Act and entity identifiers

"There is a profusion of regulations and regulatory bodies, and making sense of it all can be a real challenge," says Steve Goldstein, vice chairman of Opus. "Our answer was to provide the marketplace with a tool that is accessible and very easy to use and which collates all the available information. We've put a lot of effort into researching and distilling the information and presenting it in a very compact, clear format."