Transaction Monitoring

What do you like best about the product?

We've had a great experience working with ComplyAdvantage. Their platform is reliable, intuitive, and packed with the kind of real-time risk data we need to make informed compliance decisions. The AML screening and transaction monitoring tools are particularly effective, helping us stay ahead of potential risks while maintaining full regulatory compliance.

What stands out most is their commitment to innovation—frequent updates and improvements show they’re listening to customer feedback and keeping pace with the evolving compliance landscape. The support team has also been responsive and knowledgeable, making the onboarding process smooth and ongoing operations hassle-free.

Overall, ComplyAdvantage has become a valuable partner in our risk management and compliance efforts. Highly recommended for any organization looking for a robust, modern solution.

What do you dislike about the product?

The platform has a slight learning curve for new users, especially those unfamiliar with compliance tools, but the support team helps ease the transition.

What problems is the product solving and how is that benefiting you?

Real-Time AML Screening:
It automates and accelerates the process of screening customers against global watchlists, PEPs (Politically Exposed Persons), and sanctions lists. This reduces the risk of onboarding high-risk individuals and ensures we stay compliant with regulatory requirements.

Transaction Monitoring:
It enables continuous monitoring of customer transactions to detect suspicious patterns. This helps us identify potential money laundering activities early and respond quickly, improving our overall risk posture.

Ongoing Customer Due Diligence (CDD):
With dynamic risk scoring and real-time updates, we can maintain an accurate risk profile for each customer over time, instead of relying solely on periodic reviews.

What do you like best about the product?

ease to use tool that can be used on a daily bases

What do you dislike about the product?

customer support for international companies could be a challenge sometime

What problems is the product solving and how is that benefiting you?

is it providing clear alerts about customer unnormal transaction and predefined monitoring rules

What do you like best about the product?

I like best clear User Interface of ComplyAdvantage.

What do you dislike about the product?

However, some training is necessary before it becomes clear. I would say it is not very intuitive.

What problems is the product solving and how is that benefiting you?

ComplyAdvantage highlights all matches of adverse media and other factors that are important for CDD while beginning any business relationships with a customer and also for ongoing CDD. It is a very helpful tool for transaction monitoring. We are timely alerted when a payment should be reviewed before being released.

What do you like best about the product?

ComplyAdvantage's platform has significantly enhanced our customer screening process at AUSIEX. The real-time risk data and intuitive interface have streamlined compliance workflows, reduced false positives and improved overall efficiency. Their customer support is responsive and knowledgeable, ensuring any issues are promptly addressed.

What do you dislike about the product?

While the platform offers comprehensive features, the amount of customisation options can be slightly overwhelming initially.

What problems is the product solving and how is that benefiting you?

ComplyAdvantage helps us efficiently meet our AML/CTF obligations by automating customer screening against global sanctions, PEPs, and adverse media. This reduces manual effort, ensures ongoing compliance, and enables faster onboarding without compromising risk standards.

What do you like best about the product?

ComplyLaunch enabled our organisation to use the best features of ComplyAdvantage at no cost facilitating compliant growth from launch. The ComplyLaunch team are always available to assist and respond reliably with swift, resolute action.

The fully integrated product empowers customer experience-centric and embedded organisations to seamlessly onboard new business with the reassurance that AML/TF checks are being done in the background against up-to-date global sanctions and PEPs databases and according to the organisation's unique risk-based approach.

What do you dislike about the product?

The risk-based approach can be non-sensical if not properly implemented. It would be most helpful to consider prompting administrators setting up the risk-based approach as to the values of overall risk thresholds consider previous inputs for each category of risk. However, the use of this risk-based approach is not required to use the ComplyAdvantage platform and therefore can be done with manual controls if required.

What problems is the product solving and how is that benefiting you?

ComplyAdvantage helps us to fight financial crime by increasing the scale and efficiency with which a compliance department can approve new business in line with best practice AML/TF protocols.