CIOTechOutlook >> Magazine >> September - 2015 issue

Alpha Plus Technologies: Enabling Stronger Governance and Better Compliance across Businesses

By

Alpha Plus Technologies Pvt. Ltd., the brainchild of an ex-Banker, was established in the year 2001 from the erstwhile Alpha Plus Consultancy Services. Today, on the precipice of its 25th Anniversary, Alpha Plus has witnessed a steady and continuous growth in the arena of Knowledge-based Compliance for the BFSI fraternity!

Having worked closely with the Industry and its Regulators, as Consultants first and Solution Providers thereafter, APT has experienced first-hand, how the topic of Compliance has been evolving over the years. However, despite there being a stark difference in how the subject is approached today, as opposed to 3 or 4 years ago, there is still a long way to go in meeting the Regulator’s expectations.

The greatest challenge that most Organisations currently face, is in percolating the seriousness of the subject down and up-the-line. In fact, being an emerging function, the Compliance culture within any Organisation still relies heavily on how the Executive Management views and mandates its inclusion into day-to-day operations.

Though Compliance is nearly a 21 year old concept (as per initial recommendations of the Basel Committee) and a 8 year old formally introduced model of the Reserve Bank of India, a state of assertive, preventive, and detailed Compliance supervision is yet to be achieved at most of the Banking institutions.

This is where Alpha Plus steps in, with its decades of expertise and experience in this domain! Unlike other IT companies that work for the BFSI industry, Alpha Plus has been brought up in the midst of Bankers, Technological knowledge,and expert Client insights to propel its foray into the IT product innovation space, thereby, providing solutions that truly aim to meet the Regulator’s base expectations.

Their range of products span an extremely wide spectrum from the industry gold-standard on Knowledge Management of Regulatory & Statutory Content – being used by a whopping 90% of the Banks to meet RBI’s expectation of quick dissemination of Regulatory directives across the network, to an advanced tool for Instant Information Dissemination,Retrieval & Collaboration in any Organisation, to a unique Archive Management solution.

Over and above these, the latest industry favorites have been the hugely popular,

• Compliance Monitoring and Reporting application which is centred around achieving a scenario of ideal compliance – which aids preventive habit rather than reactive nature,and

• India's first-ever, indigenous, one-stop Meeting Management & Corporate Governance Reporting solution!

Often referred to as 'Guardians of Compliance', and being one of the rare few and initial product-based companies in the industry, APT continues to grow while moving ahead on its path towards customer empowerment through knowledge, innovation, simplification&value addition.

Be it creating specific solutions to aid the Compliance function or a megalithic application for Company Secretaries, Alpha Plus’ motto has always been a simple one – to focus on highly critical areas that have so far been ignored; revolutionising them with never-dreamt-before automation and user's work quality enhancement! Being the next-door, first-choice solution provider, who goes far beyond the industry’s expectations, is deeply ingrained in its philosophy – thus, living up to the name – ALPHAPLUS.

CXO Insights

Fast-tracking Enterprise Implementation of RPA...

By Anand Vaitheeswaran, Director Global - Business Services, Geetha Ganapathy, Service Improvement Manager Philips Lighting

Significance of Zero-trust model for the new...

By Naveen Palavalli, VP of Products, Netskope

Artificial Intelligence A Boon Or Bane?

By Moqierish Tak, Co-Founder, India Assist

Facebook