NEWS

American Banker: CRM provider Tier1 buys Alessa, the financial crime software vendor

Jan 15, 2021

January 15, 2021 (American Banker) — A provider of client relationship management software for banks and Wall Street firms, Tier1 Financial Solutions, buys Alessa, broadening its reach.

The company announced Friday that it had acquired Alessa, a maker of compliance and fraud prevention software. Alessa is used by banks, credit unions, fintech’s and others to detect financial crimes starting from the point a customer is onboarded and over the life of the relationship. If the software detects risky or criminal activity, the company will help banks report such activity to regulators.

People Shaking Hands To Celebrate CRM Provider Tier1 Buying Financial Crimes Software Vendor Alessa

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