SoftwareAML Guard

AML Guard

The clearest self-disclosure of scope boundaries of any vendor researched. Its FAQ states plainly what the product does not do: lodge reports, determine suspicion, give advice, design programs, conduct independent review. That is honest positioning and should be read as such rather than as deficiency. Unusual commercial model: verification is customer-paid, and those payments credit back

Checked 25 August 2026Data: mixed

Pricing

$83/mo

$75 ex-GST

Capability coverage

13/25

verified. 8 not established.

Delivery

saas

Where it is weaker

Recorded with the same care as the capabilities, and not softened.

  • Does not lodge reports to AUSTRAC and does not decide whether a report should be filed, stated in the vendor's own FAQ.
  • Does not provide compliance advice or case judgments.
  • Program design, independent review and legal interpretation explicitly listed as things the customer needs elsewhere.
  • GST treatment not stated anywhere on the pricing page.

Capabilities

All tracked fields for AML/CTF & Financial Crime, shown whether or not we could establish them.

Program & Governance

  • AML/CTF program creationYes
  • AML risk assessmentYes
  • Program maintenance and reviewNeeds confirmation
  • Independent evaluation support (s84)No
  • Staff trainingYes

CDD & Entity Work

  • Customer due diligenceYes
  • Know-your-business (entity checks)Yes
  • Beneficial ownership and controlYes
  • Enhanced due diligenceNeeds confirmation
  • Reliance arrangementsNeeds confirmation

Identity Verification

  • Electronic identity verificationYes
  • Biometric liveness and face matchNeeds confirmation
  • Document Verification Service (DVS) accessNeeds confirmation

Screening & Monitoring

  • PEP and sanctions screeningYes
  • Adverse media screeningYes
  • Ongoing customer monitoringYes
  • Transaction monitoringNo

Reporting & Control

  • Suspicious matter report workflowYes
  • AUSTRAC SMR XML exportNo
  • Tipping-off controls (s123)Yes
  • Threshold transaction reportingPartial

Evidence & Extensibility

  • Evidence pack exportNeeds confirmation
  • Immutable audit logYes
  • API accessNeeds confirmation
  • Australian data residencyNeeds confirmation

Integrations

  • REX CRM

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AML/CTF software and services support compliance with the AML/CTF Act and Rules. Nothing on this page is legal advice, and no provider is certified, endorsed or approved by AUSTRAC unless independently evidenced.