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Data Central vs. OneSumX for Anti-Money Laundering (AML)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Data Central

    Score8 out of 10
    N/AN/AN/A

    OneSumX

    Score9 out of 10
    N/AOneSumX, from Wolters Kluwer, is a product line providing compliance management, risk management, and financial crime control.N/A
    Pricing
    Data CentralOneSumX
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Data CentralOneSumX
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    Data CentralOneSumX
    Likelihood to Recommend
    8.0
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    Data CentralOneSumX
    Likelihood to Recommend
    April Software
    Well suited: 1. We use Data Central to run queries & fetch data. 2. It's an amazing tools where we create multiple profiles with Query & then create multiple job id's for each profile. & then we run the query for the jobs. 3. Its so customizable as we can fetch the data through query for a particular, day, week, month, year. Least Suited: 1. Its very complicated for new users. 2. Data integration with multiple tables is a challenging during any launches. 3. Implementation is very time consuming since it involves large amount of data. 4. The output from the query is stored for maximum of 1 year & can't be retained for more than a year.
    Incentivized
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    Wolters Kluwer
    Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.
    Incentivized
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    Pros
    April Software
    • We use Data Central to run queries & fetch data.
    • It's an amazing tools where we create multiple profiles with Query & then create multiple job id's for each profile. & then we run the query for the jobs
    • Its so customizable as we can fetch the data through query for a particular, day, week, month, year.
    Incentivized
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    Wolters Kluwer
    • It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
    • It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
    • It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
    • It is easy to have a full review of the entire balance sheet for easy data modelling.
    Incentivized
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    Cons
    April Software
    • Its very complicated for new users
    • Data integration with multiple tables is a challenging during any launches
    • Implementation is very time consuming since it involves large amount of data
    • The output from the query is stored for maximum of 1 year & can't be retained for more than a year
    Incentivized
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    Wolters Kluwer
    • The price of the payment packages is a little bit high and this means it is not suitable for use by small-scaled businesses.
    • It has a wider range of features whose usage needs some time to train and master. This consumes extra resources and time.
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    Alternatives Considered
    April Software
    Haven't tried any alternatives to Data Central as what we were looking for was very unique & customizable solutions. So, we went ahead with Data Central only. As we were able to scale our operations & appplications through it.We use Data Central to run queries & fetch data. It's so customizable as we can fetch the data through query for a particular, day, week, month, year.
    Incentivized
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    Wolters Kluwer
    Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.
    Incentivized
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    Return on Investment
    April Software
    • We use Data Central to run queries & fetch data.
    • It's an amazing tools where we create multiple profiles with Query & then create multiple job id's for each profile. & then we run the query for the jobs
    • Its so customizable as we can fetch the data through query for a particular, day, week, month, year.
    • Data integration with multiple tables is a challenging during any launches
    • The output from the query is stored for maximum of 1 year & can't be retained for more than a year
    Incentivized
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    Wolters Kluwer
    • It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
    • It has helped us to generate accurate and transparent regulatory reports that
    • guides us in ensure regulatory compliance is met.
    • It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.
    Incentivized
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