Fraud Detection
ComplyAdvantageReviews from AWS customer
0 AWS reviews
-
5 star0
-
4 star0
-
3 star0
-
2 star0
-
1 star0
External reviews
37 reviews
from
External reviews are not included in the AWS star rating for the product.
Seamless Implementation and Flexible Customization Make Compliance Easy
What do you like best about the product?
ComplyAdvantage impressed me with its seamless implementation process and the flexibility it offers, allowing users to either tailor rules to their needs or utilize the pre-built library. The case management features are strong, and being able to view alerts by entity gives a thorough perspective on customer behavior, which is extremely helpful for effective risk monitoring. Additionally, users have reported that the platform is intuitive and easy to use.
What do you dislike about the product?
It would be beneficial to have notification triggers for escalated cases and the ability to tag users within the system for follow-up actions. While this isn’t a major drawback, it would be a valuable addition to improve workflow and collaboration.
What problems is the product solving and how is that benefiting you?
It is helping us improve our ML/TF mitigation by providing an automated solution for transaction monitoring. We see it as a tool that is scalable and will support the business in achieving a stronger AML/CTF posture.
Effortless Sanctions Checks with an Intuitive Interface
What do you like best about the product?
ComplyAdvantage enables quick and seamless review of a company or entity to help check for sanctions. The UI and user experience are both accessible and simple.
What do you dislike about the product?
I have found on occasion the systems we have linked up to the service have not updated correctly, but this is soon fixed.
What problems is the product solving and how is that benefiting you?
It enhances the efficiency of payments, and ensures that funds will go to the correct entity.
Great and flexible platform
What do you like best about the product?
The real-time capabilities are impressive, and integration is quite straightforward. The rules logic is, allowing you to build according to your needs.
What do you dislike about the product?
The procedure to release new rules, from the testing, simulation and deployment can be a bit challenging sometimes, and in many occasions we had to rely on ComplyAdvantage support which would defeat the purpose of a self-service platform and speed.
Also one other thing, the API integration to export data from the platform to other downstream systems is not that straight-forward and not close to real-time (it generates export, which are also available max for 90 days)
Also one other thing, the API integration to export data from the platform to other downstream systems is not that straight-forward and not close to real-time (it generates export, which are also available max for 90 days)
What problems is the product solving and how is that benefiting you?
Real time transaction monitoring, ensuring compliance adherance and alerts resoltions
Robust Sanction Checking, Seamless Experience
What do you like best about the product?
I really appreciate ComplyAdvantage for its robust and trusted functionality that provides a seamless and easy-to-use experience. Over the years, it has consistently allowed me to swiftly perform sanction checks on new inquiries, ensuring compliance with sanctioning laws, which is crucial for my role in placing business into Lloyds. The setup experience was straightforward with no difficulties, allowing me to integrate it into my workflow effortlessly. I find the program to be reliable with no significant issues, and I value the confidence it provides in maintaining compliance. This trust in its capabilities is why I would consider purchasing it again and highly recommend it to others seeking similar solutions.
What do you dislike about the product?
I dislike that when a positive hit for a sanctioned individual or an individual with adverse media appears, there is no way to select just that hit. The PDF printout shows every name, inclusive of the positive hits, which can be confusing. It would be beneficial if I could select just the positive hits to clarify exactly which results I'm referring to when I say a positive hit.
What problems is the product solving and how is that benefiting you?
I use ComplyAdvantage to swiftly perform sanction checks, ensuring compliance with sanctioning laws, which facilitates secure business operations.
Effortless Compliance with Great Support, Though UI Could Be Smoother
What do you like best about the product?
Having used ComplyAdvantage daily since October 2021, across two different roles that I have worked in, I can say that one of the best features of the platform is its ease of use, especially as a Compliance professional who doesn't have time to struggle with obscure, difficult to use platforms. Their customer support is also top notch and working with them has been a pleasure.
What do you dislike about the product?
The user interface can be clunky at times, however I know that improvements have been made in ComplyAdvantage Mesh, although I have not had the opportunity to use it as yet.
What problems is the product solving and how is that benefiting you?
PEP, Adverse Media, and Sanctions screening. To say the least, it benefits the company that I work for by ensuring that we are not exposed to risks from a Compliance perspective.
Effortless Compliance Management Across Teams, Handles High Volume with Ease
What do you like best about the product?
A very simple and easy-to-use platform which has helped our business manage sanctions and compliance on a large scale, across a range of teams and geographical locations. The platform is able to deal with and manage a thousands of requests per day across the company which is a great help.
What do you dislike about the product?
The only comment I would have about the platform as a whole is the Search Certificate document that is created once a compliance check is made - this could more clearly show the result of the check so as to easily show that the entity has been approved. Apart from that, everything has worked brilliantly!
What problems is the product solving and how is that benefiting you?
Every time we transact business with a new entity, we are required to provide evidence that the entity meets our compliance standards and is approved for use. This is made very easy through ComplyAdvantage's software.
Great for Sanctions Checks, Needs Simpler Interface for Juniors
What do you like best about the product?
useful for checking sanctions and any adverse media
What do you dislike about the product?
could be more efficient and simple to use for junior colleagues
What problems is the product solving and how is that benefiting you?
helps us with screening - useful for international business in forein territotries
Reliable Compliance Tool with Room for Improved Accuracy and Support
What do you like best about the product?
ComplyAdvantage is a reliable and efficient system to screen entities. It plays a critical role in our compliance processes by helping us identify potential risks quickly and accurately. The platform is user-friendly, with intuitive search functionality and clear reporting, which makes it easy to integrate into daily workflows. Its real-time data and automated alerts enhance our ability to stay compliant with regulatory requirements. Overall, ComplyAdvantage adds significant value by streamlining our sanctions checks and supporting our risk management efforts.
What do you dislike about the product?
While ComplyAdvantage is a useful tool for screening entities, there are a few areas that could be improved. The search functionality can occasionally flag false positives which creates unnecessary manual work and impacts efficiency. Enhancements in data accuracy, filtering, and user support would make the system even more effective.
What problems is the product solving and how is that benefiting you?
ComplyAdvantage helps solve a critical compliance challenge by enabling efficient and accurate screening of entities. This significantly reduces the risk of inadvertently engaging with sanctioned entities and ensures we remain aligned with regulatory obligations. The system’s real-time data and automated alerts streamline our due diligence process, saving time and improving consistency. omplyAdvantage supports our risk management efforts and enhances overall operational efficiency.
Smooth, easy to use and clear entities of any sanctions
What do you like best about the product?
Can search any entity name and see anything that flagged that might prevent business being done safely and ethically. Very easy and quick to use and the downloading certificate process is smooth.
What do you dislike about the product?
When something serious is flagged it would be helpful if it was more obvious to see to make sure nothing is missed. Other than that i have no significant complaints about the platform
What problems is the product solving and how is that benefiting you?
Ensures the company aren't doing business with any sanctioned entities / businesses.
User-Friendly Features Make This a Standout Choice
What do you like best about the product?
user-friendly features and its unique customer experience
What do you dislike about the product?
none as of the moment. also have constant discussions with the comply POC
What problems is the product solving and how is that benefiting you?
They perform the screening for our customers against the list of watchlist, PEP, and adverse news
showing 1 - 10