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 8 October 2026Data residency: australia
Where it is stronger
Capabilities verified here that fewer than half of comparable offerings are verified on. Worked out from the data, not written by hand.
- Reliance CDD requests sent and received2 of 16 others
- Immutable audit log2 of 16 others
- Tipping-off controls (s123)3 of 16 others
- Versioned AML program and CDD records4 of 16 others
- Adverse media screening7 of 16 others
- Suspicious matter report workflow7 of 16 others
Where it is weaker
Recorded with the same care as the capabilities, and not softened.
- Partly meets the Tranche 2 measure: Risk assessed per designated service.Vendor states the risk assessment wizard captures the business's designated services alongside customer types, geography, channels and transaction characteristics, and that tenants are configured to their designated services; customer risk uses a 42-factor engine, and per-service risk ratings are not described.
- Partly meets the Tranche 2 measure: Ongoing monitoring triggered by designated service and risk.Vendor states re-screening runs at risk-based intervals and change detection triggers alerts and risk re-scoring, with periodic KYC review prompts; re-review is not described as triggered by a new designated service.
- Partly meets the Tranche 2 measure: Program obligations calendar.Vendor states a compliance calendar with auto-seeded regulatory dates, training expiry tracking and scheduled reliance reassessments; it does not publicly list which program obligations (risk assessment review, effectiveness checks, governing-body reports, independent evaluation) are tracked.
- Partly meets the Tranche 2 measure: Escalation to AMLCO or manager with outcome recorded.Vendor states SMR preparation has an officer approval step and case reviews go through draft, submitted for review and approved stages between the officer and the signing manager; it does not describe staff-raised escalations with the outcome notified back.
- 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.
Statement of capabilities
Every tracked requirement for AML/CTF & Financial Crime, shown whether or not we could establish it.
- Verified
- Partial
- No
- Not established
1Program & Governance
3 of 5
- 1.1AML/CTF program creationVerified
- 1.2AML risk assessmentVerified
- 1.3Program maintenance and reviewNot established
- 1.4Independent evaluation support (s84)No
- 1.5Staff trainingVerified
2CDD & Entity Work
3 of 5
- 2.1Customer due diligenceVerified
- 2.2Know-your-business (entity checks)Verified
- 2.3Beneficial ownership and controlVerified
- 2.4Enhanced due diligenceNot established
- 2.5Reliance arrangementsNot established
3Identity Verification
1 of 3
- 3.1Electronic identity verificationVerified
- 3.2Biometric liveness and face matchNot established
- 3.3Document Verification Service (DVS) accessNot established
4Screening & Monitoring
3 of 4
- 4.1PEP and sanctions screeningVerified
- 4.2Adverse media screeningVerified
- 4.3Ongoing customer monitoringVerified
- 4.4Automated transaction monitoring (bank-style rules)Not established
5Tranche 2 Operations
2 of 7
- 5.1Risk assessed per designated servicePartial
Vendor states the risk assessment wizard captures the business's designated services alongside customer types, geography, channels and transaction characteristics, and that tenants are configured to their designated services; customer risk uses a 42-factor engine, and per-service risk ratings are not described.
- 5.2Ongoing monitoring triggered by designated service and riskPartial
Vendor states re-screening runs at risk-based intervals and change detection triggers alerts and risk re-scoring, with periodic KYC review prompts; re-review is not described as triggered by a new designated service.
- 5.3Program obligations calendarPartial
Vendor states a compliance calendar with auto-seeded regulatory dates, training expiry tracking and scheduled reliance reassessments; it does not publicly list which program obligations (risk assessment review, effectiveness checks, governing-body reports, independent evaluation) are tracked.
- 5.4Versioned AML program and CDD recordsVerified
Vendor states program documents carry version control and record the state of their upstream inputs; its security page (https://amlguard.com.au/security.html) says evidence snapshots are immutable and vault storage is versioned.
- 5.5Escalation to AMLCO or manager with outcome recordedPartial
Vendor states SMR preparation has an officer approval step and case reviews go through draft, submitted for review and approved stages between the officer and the signing manager; it does not describe staff-raised escalations with the outcome notified back.
- 5.6Expired document alertsNot established
- 5.7Reliance CDD requests sent and receivedVerified
Vendor states it has a statutory s37A/s38 reliance register plus an evidence-sharing workflow between reporting entities, described elsewhere as a 'cross-tenant sharing hub'.
6Reporting & Control
2 of 4
- 6.1Suspicious matter report workflowVerified
- 6.2AUSTRAC SMR XML exportNo
- 6.3Tipping-off controls (s123)Verified
- 6.4Threshold transaction reportingPartial
7Evidence & Extensibility
1 of 3
- 7.1Evidence pack exportNot established
- 7.2Immutable audit logVerified
- 7.3API accessNot established
- 7.4Where customer data is storedAustralia
- 7.5Where customer data is processedAustralia
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.