Alacra Book has been named 2008 SIIA CODiE award finalist.
The annual CODiE awards recognize leading products across three groups: Content, Technology and Education. Nominated products are reviewed by an SIIA-appointed judging panel who select the finalists. Winners will be selected by SIIA member votes and will be announced at the upcoming SIIA NetGain conference.
Alacra Book is a finalist in the Best Solution Integrating Content Into Workflow category, which recognizes technologies which help customer's increase the value of their content subscriptions by providing applications to use that content within their daily workflow.
Alacra Book is a workflow application which enables investment banks and professional services firms to streamline the process of creating briefing books and public information books (PIBs), a key element of the business development process. Traditionally, creation of a PIB took an analyst or associate 3-4 hours, utilizing the individual products from each of their content providers. Alacra Book cuts that time to 10-15 minutes by integrating all of the databases into a simple workflow. Today, 19 of the 20 largest investment banks have cut their research costs through use of Alacra Book.
With more than 1,000 products nominated, we were thrilled to have Alacra Book named a finalist. It's especially gratifying knowing that the selections come from our peers and colleagues in the content and technology space.