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ComplianceWise Review

5

·

Very good

Revainrating 4.5 out of 5  
Rating 
4.3
Security and Privacy Services, Other Security Services Providers

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Description of ComplianceWise

ComplianceWise helps financial institutions to make their compliance process become both effective and efficient. This results in more control, lower costs and more time to focus on the core business.

Reviews

Global ratings 5
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Type of review

Revainrating 4 out of 5

Great System at an Excellent Price Point

The system is very intuitive and easy to use. The platform is very powerful and allows us to create our own custom reports. I have not yet encountered a system that has all the tools that I need to get my work done. The platform is very customizable. I can make the system do what I need for my company. I can customize the system to fit my needs. Our users are very happy with the system. We have been able to reduce our costs of training new employees on our system. We have also been able to…

Pros
  • Intuitive interface
  • Can be customized how you want.
  • Good database management tool
  • Easy access through mobile devices/tablets etc
Cons
  • Somewhat expensive (but worth every penny)

Revainrating 4 out of 5

I love using this platform for all of our training sessions!!

I love that there is an easy way for my team members as well as myself or our clients (and customers) when it comes down too much detail about how we are supposed to comply with different regulations like PCI DSS/PCI 3DSSA etc. The support from this platform was also great - they were always available whenever I had questions! Not necessarily anything but being able to see what others have done can be very helpful at times if you don't know exactly where your weaknesses lie. As mentioned above

Pros
  • The ability to do all the different regulations and their requirements and how this can impact our business
Cons
  • I think sometimes it can be overwhelming for the users to fully understand all the different things, but it's great once you have access to the platform

Revainrating 4 out of 5

Great tool with many capabilities: ComplianceWise

ComplianceWise has a lot of great features, such as the ability to build rules that can be used to identify and block suspicious activity. It can also be used to flag transactions for review by an examiner. I do not think there are a lot of other tools on the market that can do this. There is not a lot of documentation. A good amount of the documentation is found through a support ticket. There are some other tools that can do some of these things, but ComplianceWise does it all. We are able to

Pros
  • The ability to build rules that we can use to identify or block suspicious activity
Cons
  • The amount of documentation and ability to track it back to support tickets

Revainrating 4 out of 5

Great Product / Excellent Company: ComplianceWise

ComplianceWise is able to track an employee's compliance with a variety of regulations. This is a nice bonus to a great product. It also allows for very detailed reporting to be set up to fit our specific needs. It has a nice dashboard for easy monitoring, but it took a little time to figure out. Overall, I do like the product. It is very powerful and allows us to keep our compliance under control. We have been able to better audit our employees, ensure that they are compliant with regulations,

Pros
  • They are always ready to help and make our life easier
Cons
  • The interface could be a little more intuitive

Revainrating 5 out of 5

We are very happy with our partnership with our partner.

Our partner has helped us greatly since we've started our digital transformation journey in 2017. The technology she developed allowed us to cut down significantly on the number of people needed to manage our systems, as well as streamlining our processes. Her experience and expertise has made her invaluable in helping us create the perfect workflow for each task, whether it was integrating new modules into our CRM system or migrating data between databases. She's also given us valuable…

Pros
  • She created a very efficient workflow to make our business process easier
  • Very knowledgeable
  • Has good communication skills
Cons
  • There was no real negative con about this company