Case Study: AllianceBernstein streamlines fund and side letter compliance with Ontra

AllianceBernstein cuts side letter compliance work from hours or days to seconds with Ontra

AllianceBernstein, a rapidly growing firm, needed to streamline compliance with investor obligations contained in fund documents and side letters across its globally distributed teams. Their challenge was to find a cost-effective software solution that would provide visibility and accountability for these obligations to multiple internal stakeholders. To address this, they turned to vendor Ontra and its product, Insight.

Ontra's Insight provided a centralized, AI-powered solution that created a single source of truth for the firm's obligations. The implementation resulted in significant time savings, allowing tasks like exporting documents for compliance that once took hours or days to be completed in seconds. Insight also drove cross-functional collaboration and accountability, enabling AllianceBernstein to efficiently manage recurring obligations and prepare for regulatory exams.

AllianceBernstein