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ComplySci

ComplySci

Overview

What is ComplySci?

ComplySci is a provider of regulatory technology solutions that help compliance professionals identify, manage and report on employee conflicts of interests and compliance risk activities, including personal trading, political contributions, and other violations. Founded in 2003, ComplySci develops automated compliance management…

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Recent Reviews

TrustRadius Insights

ComplySci serves as a valuable solution for small registered entities looking to stay compliant with government regulations. Users have …
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Pricing

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What is ComplySci?

ComplySci is a provider of regulatory technology solutions that help compliance professionals identify, manage and report on employee conflicts of interests and compliance risk activities, including personal trading, political contributions, and other violations. Founded in 2003, ComplySci…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is ComplySci?

ComplySci is a provider of regulatory technology solutions that help compliance professionals identify, manage and report on employee conflicts of interests and compliance risk activities, including personal trading, political contributions, and other violations.

Founded in 2003, ComplySci develops automated compliance management solutions and boasts users among over 1,400 customers, including some of the worlds largest financial institutions.

ComplySci Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(2)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

ComplySci serves as a valuable solution for small registered entities looking to stay compliant with government regulations. Users have commended the onboarding team for their support in setting up the system and providing ongoing assistance. The success manager actively listens to user feedback, implementing system enhancements and promptly resolving any issues that arise.

One of the notable benefits of ComplySci's platform is its ability to streamline the personal trading review process. By eliminating the need to track down paper statements from employees, the software significantly speeds up this task. Additionally, it efficiently tracks the completion of employee compliance questionnaires and ensures disclosure of any conflicts of interest.

ComplySci acts as a central repository for collecting necessary data and producing records, making it easier for users to meet ongoing compliance obligations. Users appreciate the user-friendly interface of the software, which streamlines various compliance tasks such as political contribution tracking, personal trading reporting, and compliance certifications.

Although some users have mentioned the need for upgrades, overall satisfaction with both the software and its support is evident. Many choose ComplySci as their compliance solution specifically to track all outside security transactions and ensure they are pre-approved.

Exceptional customer support: Users consistently praise ComplySci for its exceptional customer support. Many users appreciate speaking to the same person, which provides a sense of continuity and personalized assistance.

Easy to use and implement: ComplySci's user-friendly interface and seamless implementation process make it highly regarded among users. It enables easy rollout of policies, procedures, and certification management, simplifying the compliance process for organizations.

Robust reporting and certification functionality: With robust reporting capabilities and comprehensive certification management features, ComplySci allows users to efficiently track and manage employee certifications. This aspect has garnered positive feedback from multiple reviewers who value the convenience it offers in managing compliance-related tasks.

Challenging functionality to remember: Some users have found it challenging to remember all the functionality of the software, especially since they don't use it on a daily basis. They feel that with more frequent usage or better documentation, this issue could be addressed.

Difficulties in understanding preclearance and self-reporting: Several reviewers have expressed confusion in understanding the difference between preclearance and self-reporting, particularly when transitioning from a different system. Clearer explanations or additional training materials would help clarify these concepts.

Lack of training available for using the software: Users have reported frustration with the limited availability of training resources for the software. They find it difficult to learn how to use certain features effectively, such as knowing when to use Data Records versus Reports for extracting required data. Providing comprehensive training support would greatly enhance user experience and proficiency with the software.

Reviews

(1-1 of 1)
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Score 9 out of 10
Vetted Review
Verified User
ComplySci tracks all outside security transactions for the firm. All transactions must be pre-approved
  • Monitor all trading activity and report transactions not approved
  • Provide detail reports on individual trading activity and approvals received
  • Monitoring other platforms if accounts are opened at other firms for the same individuals registered with the current firm.
Any regulated firm where monitoring of outside accounts is required.
  • Monitoring of outside account activity
  • Obtaining pre-approval for all trades.
Governance, Risk & Compliance (5)
80%
8.0
Common repository of GRC items
70%
7.0
Risk management
90%
9.0
Integration with Corporate Performance Management (CPM) systems
80%
8.0
GRC policy management
80%
8.0
Incident management
80%
8.0
  • Makes the compliance with regulatory requirements easier to obtain and maintain
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