Checkmarx vs. Covercy

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Checkmarx
Score 8.2 out of 10
N/A
Checkmarx, an Israeli headquartered company with US offices, provides a suite of application security software delivered via the Checkmarx Software Security Platform. Individual modules and capabilities include Checkmarx Static Application Security Testing, Checkmarx Software Composition Analysis, Checkmarx Interactive Application Security Testing (CxIAST)N/A
Covercy
Score 8.6 out of 10
N/A
Covercy is a Banking-Embedded Investment Management Platform built for commercial real estate investment firms. It offers automated distribution & capital call payment processing, an Investor Portal, and APY yielding checking accounts.
$238
per month
Pricing
CheckmarxCovercy
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CheckmarxCovercy
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
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User Ratings
CheckmarxCovercy
Likelihood to Recommend
7.0
(3 ratings)
8.6
(13 ratings)
Availability
-
(0 ratings)
8.3
(10 ratings)
User Testimonials
CheckmarxCovercy
Likelihood to Recommend
Checkmarx
Chechmarx is really suited for finding wide range of security risks. It although identifies false positives which can be confusing at times. It can do better in terms of scan duration. They are better alternate competitors in the market who can do equally good or even better. It all depends on the scope of the problem you want to address
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Covercy
I believe that any small to medium size real investment firm could benefit from using Covercy as it reduces headcount and helps to streamline lots of back-office tasks. Probably for big firms those functions are fully staffed so they can do that in-house.
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Pros
Checkmarx
  • Reporting
  • Language support
  • Fix recommendations
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Covercy
  • Distributions to clients are easy and straightforward
  • Customer service is quick to respond
  • Updating and adding new assets is very easy
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Cons
Checkmarx
  • Lots of false positives
  • Hard to integrate with CI
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Covercy
  • Covercy could benefit from enhanced report and dashboard customization options to better cater to the specific analytical needs of different organizations.
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Reliability and Availability
Checkmarx
No answers on this topic
Covercy
I rarely have any downtime with Covercy. When there are any issues, I can email support and they usually get back to me within a day.
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Alternatives Considered
Checkmarx
We actually use Checkmarx along with the other tools. However, the reason we chose Checkmarx is its wide support for languages and useful fix recommendations. The flowcharts help better understand the data flow and give a clear picture of what needs to be fixed and how. Also, developers can make a note of what should be avoided in the future. Overall, it's a great tool and would be a good investment to make.
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Covercy
I believe that Covercy is the only solution that is currently allowing Real Estate firms to distribute funds to their investors directly through the platform. Also, both other solutions are pretty expensive compared to the reasonable pricing that Covercy has in place (function of a number of properties rather than AuM or other methods).
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Return on Investment
Checkmarx
  • Improved ability to provide high level of IA confidence
  • Improved confidence in application-level security
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Covercy
  • The ROI I can provide is for time management. It saves us at least 2 days' worth of work each quarter on capital distributions alone, and at least 30 minutes on each report distribution. Not to mention the amount of time it saves us on fielding client questions regarding their capital because they can just log in and see everything on their portal.
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