Compliancely

Pros: The IRS TIN match consistently returns results in seconds, which is rare at this level of accuracy. We also rely heavily on sanctions and watchlist screening, and Compliancely’s direct-source checks give us confidence that we’re not working off stale data. The support team has been extremely proactive.

Cons: Country specific documentation requirements could be clearer, especially for teams operating across multiple jurisdictions.

Some compliance workflows still require internal judgment, which may involve a learning curve for newer users.

Overall: Compliancely delivers fast, highly accurate TIN matching and reliable sanctions and watchlist screening using direct source data. The platform helps us meet regulatory requirements without slowing down onboarding or operations, and the proactive support team adds meaningful value.

Pros: What I really value is that Compliancely is not a “set it and forget it” check. We had a borrower breeze through underwriting with no issues. Compliancely picked it up right away instead of us waiting until our quarterly review to discover it. That single catch pretty much paid for the platform.

Cons: The dashboards are solid, but they’re not very “opinionated”. You need to know what you’re looking for, which is fine if you have an experienced risk function.

Overall: Compliancely is not a “set it and forget it” compliance tool, which is its biggest strength. We had a borrower sail through underwriting with no issues, and Compliancely flagged the risk almost immediately instead of us finding it months later during a quarterly review. That single catch essentially paid for the platform. The dashboards are solid, but they’re not very opinionated. You need to know what you’re looking for, which works well if you have an experienced risk team but may be less helpful for newer functions. Overall, it meaningfully closes the gap between underwriting and servicing, giving us visibility after loans are booked and helping keep our portfolio healthier.