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AML FinderAustralia

AMLCompliant 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

AMLCompliant

Document / template pack

Entry price
$497.00
Evidence
83%
Marketed to
Not established
Data residency
client-managed

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 AMLCompliant when...

No capability is verified for AMLCompliant that is not also established for First AML.

Choose First AML when...

  • Risk assessment is verified — AMLCompliant has not established it.
  • Customer due diligence is verified — AMLCompliant has not established it.
  • Know-your-business (entity checks) is verified — AMLCompliant has not established it.
  • Beneficial ownership and control is verified — AMLCompliant has not established it.
  • Enhanced due diligence is verified — AMLCompliant has not established it.

Biggest differences

FieldAMLCompliantFirst AML
Risk assessmentNoVerified
Customer due diligenceNoVerified
Know-your-business (entity checks)Not establishedVerified
Beneficial ownership and controlNoVerified
Enhanced due diligenceNoVerified
Electronic identity verificationNoVerified
Biometric liveness and face matchNoVerified
Document Verification Service (DVS) accessNoNot established
PEP and sanctions screeningNoVerified
Adverse media screeningNoPartial
Ongoing customer monitoringNoVerified
Transaction monitoringNoNot established
Suspicious matter report workflowNoNot established
AUSTRAC SMR XML exportNoNot established

Capabilities, section by section

Program & governance

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

CDD & entity work

  • Customer due diligence No Verified
  • Know-your-business (entity checks) Needs confirmation Verified
  • Beneficial ownership and control No Verified
  • Enhanced due diligence No Verified
  • Reliance arrangements Needs confirmation Needs confirmation

Identity verification

  • Electronic identity verification No Verified
  • Biometric liveness and face match No Verified
  • Document Verification Service (DVS) access No Needs confirmation

Screening & monitoring

  • PEP and sanctions screening No Verified
  • Adverse media screening No Partial
  • Ongoing customer monitoring No Verified
  • Transaction monitoring No Needs confirmation

Reporting & control

  • Suspicious matter report workflow No Needs confirmation
  • AUSTRAC SMR XML export No Needs confirmation
  • Tipping-off controls (s123) No Needs confirmation
  • Threshold transaction reporting No Needs confirmation

Evidence & extensibility

  • Evidence pack export No Verified
  • Immutable audit log No Needs confirmation
  • API access No 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)Know-your-business (entity checks)Reliance 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: AMLCompliant on AML Directory · First AML on AML Directory