Opus Global said it has acquired Alacra, Inc.
The integration of Alacra into Opus Global will create an unmatched combination of compliance data with third party management excellence and network-based information exchange.
Alacra´s 170+ external providers will be able to integrate compliance data into the Hiperos Third Party Network (acquired by Opus Global in June 2014). Opus Global expects to extend the Hiperos Network to hundreds of thousands of third parties and their customers currently managed through Hiperos Software.
Alacra is a world leader in KYC, AML and Reference Data services for regulatory compliance. It is the second company to be acquired by Opus Global, following the July 2014 acquisition of third party management leader Hiperos, LLC.
Terms of the transaction were not disclosed.
Alacra develops workflow applications that enable 300,000 end users at over 200 financial institutions, professional service firms and corporations to find, organize, analyze and present mission-critical business information.
Opus Global is a compliance platform provider headquartered in Palo Alto, California, created through a USD500 million partnership between GTCR, one of the world´s leading private equity firms, and Doug Bergeron, former CEO of VeriFone.