LAKE SUCCESS, N.Y. -- DealerTrack Inc. has launched DealWatch and Exact ID, two compliance tools that enable auto dealers to securely store, manage and monitor deal activity.

DealWatch is an integrated compliance solution that helps dealers monitor the gathering and handling of sensitive customer information, credit bureau access and signature capture. DealWatch also provides safeguards such as limited access to sensitive customer information, and automatically stores data safely to help comply with record retention rules. DealerTrack's ExactID works hand-in-hand with DealWatch, providing seamless access to identity verification and OFAC monitoring.

DealerTrack has also released a new Compliance Guide, designed to assist dealers with assessing and improving their compliance with relevant regulations. This free guide, packed with informative modules that include easy-to-read explanations of regulations, case studies and how-to's for protecting dealerships, will be introduced at DealerTrack's booth (#2006) at the 2006 National Automobile Dealer Association Convention and Exposition, Feb. 11-14 in Orlando, Fla. It will also be made available to DealerTrack's 21,000 dealer customers free of charge.

ExactID checks the customer's name against the watch list maintained by the federal Office of Foreign Assets Control (OFAC) and flags potential matches onscreen for follow-up. ExactID also helps verify a customer's identity by comparing his or her information against various data sources, giving dealers a simple score that indicates the likelihood of a valid identity and reasons why a customer's identity might pose a problem.