Alloy vs. Unit21

What are the Differences Between Alloy and Unit21?

In the financial services space, many companies like Alloy and Unit21 sell software to risk & compliance professionals. But some vendors excel in specific areas where others do not. 

When it comes to Unit21 and Alloy, many people use Alloy for identity verification and customer onboarding but prefer Unit21 for transaction monitoring and case management. In fact, several of our customers use both systems as they complement each other!

If you want a scalable transaction monitoring and case management solution that allows you to:

  • Ingest any type of data (including custom data) into a central location
  • Update rules without requiring engineering support
  • File SARs to FinCEN and goAML using automation

Then you should take a look at Unit21’s infrastructure for risk & compliance teams. With Unit21, you can:

  • Visualize all your ingested data for efficient investigations
  • Backtest rules against historical data in real time to see what would have been flagged
  • Deploy complex statistical models without writing a single line of code

Schedule a demo to see where Unit21 wins.

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How Unit21 Compares to Alloy


Data Ingestion

Data ingestion via API

Data flexibility: Integrate 1st & 3rd-party data from any customer system, data vendor, or banking core, enabling unlimited redundancy.

Transaction Monitoring

Out of box rules for transaction monitoring

Self-serve administration of rules: create and launch rules by yourself

Shadow mode for comprehensive testing of rules before launch

Fraud detection models to assess ATO, card fraud & fraud rings

Case Management

Alert Prioritization: Using Machine Learning to identify true positives

Automated SAR Filing

Link Analysis to detect fraud rings

Team & Alert Reporting

Agent Queues

Unit21’s Superpowers

Ingest Custom Data with Ease

Unit21 allows you to ingest all of your data, including any custom data or data from 3rd-party providers, into our system without paying extra for professional services or engineering support.

Once added to the infrastructure, users can easily visualize transactions, KYC/KYB information, and more in a single pane view. This gives teams a 360-view of their risk & compliance program.

Scale As You Scale

Unit21’s risk & compliance infrastructure can consume 1B+ events a month. With Unit21’s transaction monitoring solutions, you’ll have access to over 50 out-of-the-box money laundering and fraud rules; all customizable, based on deep statistical modeling & industry standards.

Your team can make rule sets more complex as you scale and grow. You can’t do that with Alloy’s transaction monitoring solutions.

Automated Filing

Alloy offers risk & compliance workflows through a 3rd-party integration, but with Unit21, your team can use automated workflows with direct SAR reporting to FinCEN and goAML and the ability to file SARs in 40+ countries. Unit21 also offers a robust audit trail for any action on any rule, alert, case, SAR filing.

Reduce False Positives

Within Unit21’s risk & compliance infrastructure, teams can test their rules using shadow mode: a feature that allows rules to be backtested against historical data or forward-tested against current data for model validation.

Testing rules before deployment allows you to uncover any possible issues with rule functionality so it can be adjusted as needed. Unit21 also creates feedback loops so that agent reviews can inform rule logic to increase true positive rates and reduce repetitive reviews.

Alloy doesn’t offer any opportunities for backtesting, which is why our customers have been able to reduce false positives by 50% on average.

Why Choose Unit21 Over Alloy?

Alloy offers a basic level of no-code fraud and AML solutions, but we’ve heard from customers that while Alloy is great for KYC/KYB, their software falls short in key areas like rule testing and validation, customizability, transaction monitoring at scale, and automated regulatory filing.

If you are already an Alloy customer, consider complementing their identity decisioning platform with Unit21 for transaction monitoring and case management.


Highly Customizable Infrastructure

  • Input your own custom data and create rules specific to your organization without paying for professional services or engineering assistance
  • Test and validate your rules with a higher degree of accuracy 
  • True no-code approach gives your team full control over processes and tools


Streamline Investigations

  • Automate SAR e-filing directly to FinCEN 
  • Conduct investigations in a single location 
  • Visualize how users are connected to others using network and link analysis


Built for Scale

  • Unit21 allows for growth into new markets or products with configurable rules to match each unique need in a single platform
  • Consume over 1 billion events per month 
  • Easily ingest new data as your business grows

Trusted By Leading Fintechs, Banks, Lenders, Credit Unions, Crypto Companies, and More

Trusted by leading Fintechs, Banks, Payments Companies, and Cryptos

Trusted by startups and the world's largest companies

"We qualified every solution possible. The flexibility and automation of the Unit21 platform made the decision simple. Unit21 is extremely data agnostic, which means we don't need to wait for months to integrate."

Jerry Chou
Chief Compliance Officer at Line

reduction in false-positives
within 90 days of using

Lili Logo

“When rules are capturing fraud fast, you’re creating a good impact for your customers. We’re also able to empower our fraud team so they feel more confident and creative. They aren’t manually looking for alerts and can push the limits of their capabilities."

Alex Faivusovich
Head of Fraud Risk at Lili

reduction in fraud loss
and cut investigation
time by 75% with Unit21

“Unit21’s platform is actually built with the customer in mind. Unit21 was also very easy to integrate. We easily saved months of engineering effort if we built this on our own. The case for ‘buy’ has never been more straightforward.”

Erika Roodsari
Head of Risk Products at Intuit

reduction in alert
investigations times

Bakkit Logo

"Unit21 is solving our biggest problem by monitoring hundreds of thousands of customer accounts. And the best thing is that we have been able to achieve a steady 15% false positive rate. That is a huge deal in an industry where 90 - 95% is the norm."

Kailey Klein
Compliance and AML Officer at Bakkt

false-positive rate
achieved with Unit21
and reduced SAR filing
time by 78%

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