Software

As our clients and the financial sector as a whole have grown, they have seen it become increasingly difficult to keep up with the pace of new products and to standardize the way they are dealt with from a Balance Sheet and P&L Risk perspective. With increased pressure from auditors (internal and external) and  regulators, the CEOs, CFOs, and COOs of our industry continue to look for ways of controlling their risk and deriving confidence out of their processes.

Control Oriented Software Solutions:

ALaS CaPRI is an asset class and system agnostic Product Control Platform. This application was built for the sole purpose of establishing control and a defined process around the P&L and Balance sheet substantiation process. 

ALaS iSquare, a three-way reconciliation engine ensures the integrity of sub ledger balances to the trading activity and the Corporate GL. It is an application that allows users to substantiate balances by providing trade level break details. This application is focused on back office settlement systems that have user defined posting rules that can fall out of sync with trading activity.

Process and Procedure focused Software:

Through ALaS' experience of documenting client policy and procedures, we found over time that most clients never kept procedures up to date and often lost the information in a file cabinet or file folder that no one can find. Furthermore, most documentation is not standardized and often not up to the standards of external regulators.

By listening to our clients and working closely with them, ALaS made the strategic decision to build a software application that would ease our clients pain points and standardize the way in which the information is captured. ALaS DocPort is the application that was born out if this process.