Greenboard vs. Skematic

As financial institutions evaluate modern compliance software solutions to maintain financial compliance and detect risk, Greenboard and Skematic frequently appear in the same consideration set. Both platforms aim to simplify regulatory operations and enhance visibility for financial compliance teams, but their underlying design philosophies differ in ways that matter depending on firm complexity, technology adoption rate, and the needed functionality ultimately required to scale a compliance program.

This guide provides an unbiased, practical comparison to help a fintech or compliance leader understand where each platform excels — and which types of firms see the best fit.

What Greenboard Does Well

Greenboard is designed around usability, standardization, and simple CRUD operations that streamline common tasks such as screening trades, approving marketing content, documenting attestations, and storing files.

For many organizations—especially those transitioning away from spreadsheets, file rooms, legacy filing cabinets, or fragmented functionality—several elements stand out:

1. Straightforward, All-in-One Structure

Greenboard offers a broad collection of tools: personal trading, attestations, outside activity tracking, marketing compliance, and more.

For firms that want to consolidate compliance software functionality under a single contract, this packaged approach can offer meaningful cost savings and a streamlined experience. Many financial compliance teams today also value a predictable, structured interface that doesn’t require substantial resources or power users to maintain.

2. Clear, Template-Driven Processes

Many of Greenboard’s modules follow standardized, repeatable compliance flows. Firms with relatively uniform programs often find this structure intuitive – Greenboard refers to this concept as human centric software. For these users, an easy to use platform that centralizes records, communications archiving, and basic core compliance functionality can help maintain compliance.

3. AI-Powered Platform

A notable differentiator for Greenboard is its use of AI to streamline communications review.

Firms with substantial outbound content often evaluate Greenboard for its ability to reduce manual review volume.

When investment advisers typically choose Greenboard:

• Their compliance program is relatively standardized
• They prefer to consolidate financial compliance software with a single vendor
• Ease of use outweighs the need for configurability and product depth
• They want to use AI to replace manual processes in a few ways

Greenboard offers a strong option for firms that value simplicity, consolidated vendors, and clear processes.

What Skematic Does Well

Skematic supports the full spectrum of compliance maturity—from emerging RIAs to sophisticated hedge funds, private funds, and wealth managers. Several foundational elements differentiate Skematic as a modern operating system purpose-built for evolving regulatory environments.

1. A True Compliance Workflow Engine

At its core, Skematic is engineered as a workflow management system built for compliance program management and deep operational oversight. It moves far beyond a super reductive checklist:

Skematic enables teams to

• Configure multi-step reviews
• Automate monitoring cycles tied to policy rules
• Maintain detailed records across all compliance needs
• Detect risk faster with connected data
• Manage exceptions and escalations across teams

While Greenboard provides breadth, Skematic provides depth—critical for financial firms where compliance risk is dynamic and where customers examine processes with greater scrutiny.

This difference becomes especially noticeable when comparing core system architecture: Skematic ties workflows, people, documents, and data together in one single platform, giving firms the governance backbone that financial compliance truly requires.

2. Practitioner-Built Employee Compliance & Code of Ethics

Skematic’s team previously built one of the industry’s leading COE systems—experience that now informs:

• Reliable broker feed ingestion (including FINRA compliance considerations)
• A high-quality securities master
• Flexible pre-clearance tailored for multi-strategy firms
• Integrated reporting for both firm and employee activity

For firms where screening personal trades, managing outside activities, and avoiding non compliant behavior are central to maintaining fiduciary alignment, Skematic delivers maturity that many platforms—by their own admission—do not match.

3. Connected Data, Not Isolated Modules

Many compliance problems arise when systems operate in parallel rather than together. Skematic avoids this fragmentation through intelligent integration of both native capabilities and industry partnerships.

Its architecture connects:

• Policy documents and WSPs
• Firm-level and employee-level oversight activities (trade surveillance, certifications, preclearance requests, marketing content reviews, testing calendars, etc.)
• HRIS, OMS/EMS, e-comms, and expense data from your favorite tools

This interoperability is increasingly important for large compliance teams as well as lean teams that serve as the “file clerks” and operational backbone of the organization.

4. Practitioner-Led Implementation and Support

Skematic clients work with former CCOs and compliance consultants who understand how real audit cycles function. This helps firms avoid relying on expensive consultants just to achieve the needed functionality or configure workflows.

The result: shorter onboarding, more relevant workflows, better documentation, and a platform that reflects how compliance actually happens.

5. Built to Scale With Firm Growth

Whether a firm has limited resources or extensive supervisory layers, Skematic remains a long-term operational fit. Firms choose Skematic when they need:

• A system that will not require re-platforming as oversight expands
• Flexibility to address non-revenue generating areas efficiently
• Collaborative tooling that supports the entire compliance lifecycle
• A single modern platform to reduce vendor sprawl and drive customers toward consistent, evidenced workflows

In short, Skematic is built not only to maintain financial compliance but to modernize how it is managed across the organization.

Greenboard vs. Skematic: Two Different Philosophies for Financial Compliance Software

Greenboard is a strong choice for financial firms wanting standardization, simplicity, and predictable workflows—particularly those modernizing from manual systems or replacing basic storing files, file rooms, or legacy tools.

Skematic, by contrast, is engineered for firms that require:

• Advanced workflow automation and compliance program management
• Connected firm and employee oversight
• The ability to adapt to changing regulations without reconfiguring entire systems
• A unified approach to compliance that reduces fragmented functionality by such a wide margin that power users exist naturally within teams

As regulatory expectations increase, and as ultimately machines and automation take on more administrative lift, software matters more than ever.

Both Greenboard and Skematic offer meaningful value—but the best choice depends on how your firm compliance function operates today and how quickly you need to evolve. Many organizations find that while Greenboard provides helpful structure, Skematic delivers the operational flexibility, risk detection, and scalability required to support a nimble compliance program.