Alacer Group Promotes Joe Veckerelli to Head its Specialized Anti-Money Laundering Team

Consultancy flexes to fulfill financial industry demands; participates in AML & Financial Crimes Conference

Bellevue, WA – March 12, 2014 – The Alacer Group, dedicated to helping business leaders accelerate performance, quality, productivity and profitability, today announced that Joe Veckerelli has been promoted to managing director of BSA/AML compliance and now heads its specialized anti-money laundering (AML) team.  Other members of the team include company managing partners Richard Paxton, CEO, Ed Sarausad, chief product officer – data science and innovation and Sanjay Avasthi, COO; and Nyron Davidson, senior director, BSA/AML compliance and risk.

Currently working with financial institutions ranging in size from regional to global banks, Alacer’s AML team is helping the industry face increasing regulatory compliance issues designed to stop financial fraud, terrorist financing and money laundering.  The Alacer Group’s AML specialists offer cost-effective solutions that combine deep industry experience, analytics, process methodologies and leading technological tools.

“Financial institutions needing to tighten their AML processes are often grappling with soaring costs, inadequate staffing and antiquated management information systems,” noted Richard Paxton, CEO, The Alacer Group.  “By having a designated, talented team of AML experts, Alacer is in a better position to quickly step in, conduct rapid analyses and generate solutions that will do everything from clearing out investigative backlogs to eliminating the need for additional staff.”

Alacer’s AML team will be attending the 19th Annual International AML & Financial Crimes Conference, being held March 16-19 at the Westin Diplomat in Hollywood, FL.  Conference attendees can meet all of the team members at a refreshment break in the Exhibit Hall on Tuesday, March 18 at 4:10 p.m., or contact Richard Paxton at to arrange a private conference.

About The Alacer Group  Headquartered in Bellevue, WA, with offices in New York and Dallas, The Alacer Group is a business consulting firm focused on four practice areas: big data, technology, finance and healthcare. Offering expert consultants around the globe, Alacer works with companies to resolve their needs quickly and smartly, resulting in positive outcomes.  For more information, please visit the website at or find us on LinkedIn.

Media Contact: Rachel Berry, VOXUS, Inc.  253-444-5441