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AML FinderAustralia

AML SoftServe vs First AML

There is no universal winner. The question is which kinds of buyer should prefer which. These pages are built from the same source-checked data as every other page on AML Finder.

Product A

AML SoftServe

Full AML/CTF platform

Entry price
$96.00/mo
Evidence
46%
Marketed to
Not established
Data residency
Not established

Product B

First AML

Full AML/CTF platform

Entry price
On application
Evidence
58%
Marketed to
Accounting, Real estate, Legal, Conveyancing, Financial services
Data residency
mixed

Choose AML SoftServe when...

  • AML/CTF program creation is verified — First AML has not established it.
  • Staff training is verified — First AML has not established it.
  • Adverse media screening is verified — First AML has not established it.

Choose First AML when...

  • Beneficial ownership and control is verified — AML SoftServe has not established it.
  • Evidence pack export is verified — AML SoftServe has not established it.
  • API access is verified — AML SoftServe has not established it.

Where both fit

Risk assessmentCustomer due diligenceKnow-your-business (entity checks)Enhanced due diligenceElectronic identity verificationBiometric liveness and face matchPEP and sanctions screeningOngoing customer monitoring

Biggest differences

FieldAML SoftServeFirst AML
AML/CTF program creationVerifiedNo
Staff trainingVerifiedNo
Beneficial ownership and controlNot establishedVerified
Adverse media screeningVerifiedPartial
Evidence pack exportNot establishedVerified
API accessNot establishedVerified
Named integrations0 named12 named
Data residencyunknownmixed

Capabilities, section by section

Program & governance

  • AML/CTF program creation Verified No
  • Program maintenance and review Needs confirmation Needs confirmation
  • Risk assessment Verified Verified
  • Independent evaluation support (s84) Needs confirmation Needs confirmation
  • Staff training Verified No

CDD & entity work

  • Customer due diligence Verified Verified
  • Know-your-business (entity checks) Verified Verified
  • Beneficial ownership and control Needs confirmation Verified
  • Enhanced due diligence Verified Verified
  • Reliance arrangements Needs confirmation Needs confirmation

Identity verification

  • Electronic identity verification Verified Verified
  • Biometric liveness and face match Verified Verified
  • Document Verification Service (DVS) access Needs confirmation Needs confirmation

Screening & monitoring

  • PEP and sanctions screening Verified Verified
  • Adverse media screening Verified Partial
  • Ongoing customer monitoring Verified Verified
  • Transaction monitoring Needs confirmation Needs confirmation

Reporting & control

  • Suspicious matter report workflow Needs confirmation Needs confirmation
  • AUSTRAC SMR XML export Needs confirmation Needs confirmation
  • Tipping-off controls (s123) Needs confirmation Needs confirmation
  • Threshold transaction reporting Needs confirmation Needs confirmation

Evidence & extensibility

  • Evidence pack export Needs confirmation Verified
  • Immutable audit log Needs confirmation Needs confirmation
  • API access Needs confirmation Verified

Unknowns to confirm

Not established for at least one of these two — ask before relying on it.

Program maintenance and reviewIndependent evaluation support (s84)Beneficial ownership and controlReliance arrangementsDocument Verification Service (DVS) accessTransaction monitoringSuspicious matter report workflowAUSTRAC SMR XML export

Which one fits your requirements?

These two are compared on every field we track. Tell us what matters to you and we’ll recalculate this comparison against your own requirements.

Tell us what matters to you

Provider facts checked through 25 August 2026. Source records: AML SoftServe on AML Directory · First AML on AML Directory