For the time being, if you need security from 3rd-party tools, Speedgrader, or CSVs for student response analysis, this is the better choice. Examity proctoring software can only be used with Classic Quizzes.
This has more question types like hotspot, categorization, matching, and ordering. It also has more moderation and accommodation features. Examity proctoring software currently does not work with New Quizzes.