--- description: Review of Alloy Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Alloy | Reviews, Pricing & Demos - SoftwareAdvice NZ --- Breadcrumb: [Home](/) > [AML Software](/directory/4335/aml/software) > [Alloy](/software/367043/alloy) # Alloy Canonical: https://www.softwareadvice.co.nz/software/367043/alloy > Alloy solves the identity risk problem for companies that offer financial products. Today, nearly 500 banks and fintechs turn to Alloy to outpace fraud and grow with confidence. Alloy provides banks and fintechs with a scalable, flexible platform to manage identity risk at origination and throughout the customer lifecycle. With configurable solutions for fraud, credit, and compliance risk, dedicated expert guidance, and an extensive ecosystem of data partners, Alloy is powering the delivery of great financial products to a growing number of customers around the world. > > Verdict: Rated **5.0/5** by 4 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **5.0/5** | 4 Reviews | | Ease of Use | 4.8/5 | Based on overall reviews | | Customer Support | 4.8/5 | Based on overall reviews | | Value for Money | 4.7/5 | Based on overall reviews | | Features | 4.8/5 | Based on overall reviews | | Recommendation percentage | 100% | (10/10 Likelihood to recommend) | ## About the vendor - **Company**: Alloy ## Commercial Context - **Pricing Details**: Please contact Alloy directly for pricing details. - **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: United States ## Features - API - Approval Process Control - Compliance Management - Customer Data Management - Document Management - Fraud Detection - Identity Verification - Monitoring - Onboarding - Real-Time Reporting - Risk Management - Third-Party Integrations - Transaction History - Transaction Monitoring - Workflow Management ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base ## Category - [AML Software](https://www.softwareadvice.co.nz/directory/4335/aml/software) ## Related Categories - [AML Software](https://www.softwareadvice.co.nz/directory/4335/aml/software) - [Fraud Management Software](https://www.softwareadvice.co.nz/directory/4642/financial-fraud-detection/software) - [Financial Risk Management Software](https://www.softwareadvice.co.nz/directory/4165/financial-risk-management/software) - [Financial Services Software](https://www.softwareadvice.co.nz/directory/4356/financial-services/software) - [KYC Software](https://www.softwareadvice.co.nz/directory/4611/kyc/software) ## Alternatives 1. [Plaid](https://www.softwareadvice.co.nz/software/179020/plaid-for-lending) — 4.4/5 (95 reviews) 2. [Shufti](https://www.softwareadvice.co.nz/software/182896/shufti-pro) — 4.2/5 (45 reviews) 3. [Ondato](https://www.softwareadvice.co.nz/software/318589/ondato) — 4.8/5 (13 reviews) 4. [Persona](https://www.softwareadvice.co.nz/software/393949/persona) — 4.8/5 (26 reviews) 5. [Sumsub](https://www.softwareadvice.co.nz/software/84225/sumsub-kycaml-platform) — 4.7/5 (70 reviews) ## Reviews ### "Proactive identity risk mititgation" — 5.0/5 > **Doug** | *14 October 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Alloy allows for quick deployment. The ability to create strategies at a moments notice to avert fraud trends, and be proactive in risk mititgation are both essential benefits. The intial set-up was seamless, and Alloy's customer service allowed the ability to move quickly and effectively. Alloy also allows an opportunity to overlay multiple data sources to create an efficient and effective flow. > > **Cons**: There is an opporuntity to improve reporting capabilities. > > My overall experience with Alloy has been very positive and effective. I will continue to work with them to solve risk mitigation. ----- ### "Commercial Banking Game Changer" — 5.0/5 > **Rebecca** | *10 November 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Visualization of data flow and data sources is better any other low code software I've seen or used which makes it easier to understand quickly. API integrations are vital. Ease of Use for compliance teams. > > **Cons**: Its a powerful tool but can be complex to master. Testing can be limiting due to the nature of KYC and requires a lot of flow configuration. > > Alloy is a game changer and absolutely the future of banking. Excellent team, partnership, and support. ----- ### "Alloy Optimizes Your Agent Experience" — 5.0/5 > **Russell** | *4 October 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Full control over your workflows and data sources. Codeless implementation allows you to respond to a fraud attack quickly and confidently. > > **Cons**: Implementing through a 3rd party partner makes it difficult to take advantage of everything Alloy has to offer. ----- ### "An investment in your security" — 5.0/5 > **Billie** | *28 October 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: With Alloy, I feel as though our services are kept safe from fraudsters. We've had no major incidents with fraud and I attribute that to Alloy's KYC and transaction monitoring software. > > **Cons**: It's a pretty lengthy integration and pretty expensive for small companies. > > Wonderful, they're an awesome company. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/367043/alloy) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data