Software Alternatives, Accelerators & Startups

Ondato VS Simplici.io

Compare Ondato VS Simplici.io and see what are their differences

Ondato logo Ondato

A comprehensive operating system for new client onboarding, user base management, intelligence and reporting that adapts to your unique business case.

Simplici.io logo Simplici.io

Discover Simplici, the leading compliance and verification solution. Streamline your processes with secure eSignatures and KYC/AML checks. Book a demo today.
  • Ondato Landing page
    Landing page //
    2023-10-01

Ondato is a tech company that streamlines KYC and AML-related processes. We're providing advanced technological solutions for digital identity verification, business customer onboarding, data validation, fraud detection, and more. All of them meet the highest quality standards available for KYC online or offline onboarding for all business and customer types orchestrated from a single interface. We're turning compliance into a business benefit by creating a safer environment for organizations and individuals alike.

  • Simplici.io Landing page
    Landing page //
    2023-11-24

Simplici is a fully white-labeled, end-to-end account origination and management solution. We apply mobile-first, AI, and biometric-enabled identity verification to deliver results - fewer abandoned processes, reduced time to onboard, seamless integrations, and fraud prevention. Technology built for financial professionals by financial professionals. Simplici reinvented decades-old processes but integrates seamlessly with core systems through FIX API, SOAP API, or API. We eliminated onboarding friction for the end customer but did not stop there. We also eliminated the integration friction for the financial institution and enhanced compliance documentation and due diligence for audits and examinations.

Ondato features and specs

  • Comprehensive Identity Verification
    Ondato offers a wide range of identity verification services, including document recognition, biometric verification, and liveness detection, ensuring thorough compliance with regulatory standards.
  • User-Friendly Interface
    The platform provides an intuitive and easy-to-navigate interface, which simplifies the onboarding process for both the users and administrators.
  • Customization Options
    Ondato offers customizable solutions that can be tailored to meet the specific needs of businesses, allowing for a more personalized verification process.
  • Strong Data Security
    The platform uses robust data protection measures, ensuring that sensitive information is secure and privacy standards are maintained.
  • Regulatory Compliance
    Ondato helps businesses maintain compliance with global regulatory requirements such as KYC (Know Your Customer), AML (Anti-Money Laundering), and GDPR.

Possible disadvantages of Ondato

  • Cost
    The comprehensive nature of Ondato's services might result in higher costs compared to more basic identity verification solutions, which could be a concern for smaller businesses.
  • Integration Complexity
    Integrating Ondato's services with existing systems can be complex and time-consuming, especially for businesses with limited technical resources.
  • Limited Customization for Businesses
    While customization is available, some users might find limitations in how deeply they can tailor Ondato to fit their unique business processes.
  • Learning Curve
    Despite its user-friendly interface, new users might experience a learning curve in understanding how to fully leverage all the features and capabilities.
  • Dependence on Technology
    Ondato's reliance on technology means users need stable internet access and devices that meet the technical requirements for the best experience, which might be a barrier for some users.

Simplici.io features and specs

  • User-Friendly Interface
    Simplici.io offers an intuitive and easy-to-navigate interface, making it accessible for non-technical users to manage their content effectively.
  • Cost-Effective
    It provides a competitive pricing structure or free options that make it suitable for small startups or individuals looking for affordable solutions.
  • Integration Capabilities
    Simplici.io can integrate with various third-party applications and services, enhancing its functionality and versatility for users.
  • Secure Data Management
    The platform emphasizes data security, ensuring that users' information is protected through encryption and robust access controls.

Possible disadvantages of Simplici.io

  • Limited Advanced Features
    Compared to other platforms, Simplici.io might lack some advanced features required by larger enterprises or those needing highly specialized tools.
  • Scalability Challenges
    As user needs grow, Simplici.io might not scale as efficiently or offer the performance necessary for large amounts of data or complex operations.
  • Customer Support Limitations
    Users might experience slower response times or limited customer support options, which can be challenging when resolving issues.
  • Potential Learning Curve
    Despite its simplicity, users new to digital platforms might still encounter a learning curve while getting accustomed to some features.

Ondato videos

FinTech review: Jemima Kelly (FTAlphaville) Liudas Kanapienis (Ondato) & John Salmon (Hogan Lovells)

More videos:

  • Demo - “Ondato” demonstracija

Simplici.io videos

Simplici - The Ultimate KYB/KYC and AML procedures, integrated funding, and e-signature.

Category Popularity

0-100% (relative to Ondato and Simplici.io)
Workplace Safety
100 100%
0% 0
Identity Verification And Protection
Business & Commerce
100 100%
0% 0
Identity Verification
76 76%
24% 24

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Ondato and Simplici.io

Ondato Reviews

We have no reviews of Ondato yet.
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Simplici.io Reviews

  1. Robert Williamson
    · Finance Lead at Bank ·
    Perfect Fit for Merchant Onboarding and KYC

    You can tweak it to fit your exact verification needs and compliance standards.

    🏁 Competitors: TechRadar
    👍 Pros:    We've been rocking with simplici for a while now for merchant onboarding, and it's super customizable. you can tweak it to fit your exact verification needs and compliance standards. its scalability means it's a perfect fit for any size business, from small startups to big-time enterprises.
    👎 Cons:    While they usually roll out updates and patches on time, sometimes you might be waiting too long. it's not a deal-breaker, but let's be real—who loves waiting around? overall, though, it's an exciting product they've got going on.
  2. Mathew Brown
    · Compliance Manager at Banking ·
    Best KYB software provider in US

    SiMPLICI's KYB software offers swift verification, streamlined onboarding processes, and comprehensive compliance controls. This assists businesses in adhering to regulatory requirements and mitigating risks. With real-time monitoring capabilities, the platform empowers businesses to detect and prevent fraudulent activities effectively.

  3. Maeve Willie
    · Compliance Head ·
    Efficient and Secure, Simplici Delivers on Promises

    Simplici has transformed our onboarding process, making it both efficient and secure. The automation features, especially in KYC verification, have significantly reduced manual effort, allowing us to focus on core business activities. The biometric authentication is a game-changer, ensuring a high level of security. The platform's user-friendly interface and customizable workflows have streamlined our operations.

    🏁 Competitors: Veriff
    👍 Pros:    Kyc|Kyb|Aml
    👎 Cons:    Nothing, so far

What are some alternatives?

When comparing Ondato and Simplici.io, you can also consider the following products

ERA Environmental Mangement Solutions - ERA Environmental Management Solutions offers expert EH&S compliance and management advice and innovative EHS software.

Sumsub - One verification platform to secure the whole user journey

Veriff - AI-powered identity verification & fraud prevention software Veriff provides a best- in-class identity verification solution combining AI with in-house experts to maximize accuracy and speed.

HSI Donesafe - HSI Donesafe is a quality management system, providing a wealth of information about health and safety in their workplaces.

Onfido - Onfido is the data-driven platform for intelligent background checking.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.