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AML FinderAustralia

AML Guard vs SimpleAML

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 Guard

Full AML/CTF platform

Entry price
$75.00/mo
Evidence
71%
Marketed to
Real estate, Conveyancing, Legal, Accounting
Data residency
mixed

Product B

SimpleAML

Local register

Entry price
$0.00/mo
Evidence
54%
Marketed to
Accounting, Real estate, Conveyancing
Data residency
Not established

Choose AML Guard when...

  • AML/CTF program creation is verified — SimpleAML has not established it.
  • Customer due diligence is verified — SimpleAML has not established it.
  • Know-your-business (entity checks) is verified — SimpleAML has not established it.
  • Beneficial ownership and control is verified — SimpleAML has not established it.
  • Electronic identity verification is verified — SimpleAML has not established it.

Choose SimpleAML when...

No capability is verified for SimpleAML that is not also established for AML Guard.

Where both fit

Risk assessmentStaff trainingTipping-off controls (s123)

Biggest differences

FieldAML GuardSimpleAML
AML/CTF program creationVerifiedPartial
Independent evaluation support (s84)NoNot established
Customer due diligenceVerifiedPartial
Know-your-business (entity checks)VerifiedNo
Beneficial ownership and controlVerifiedNot established
Electronic identity verificationVerifiedNo
PEP and sanctions screeningVerifiedNo
Adverse media screeningVerifiedNot established
Ongoing customer monitoringVerifiedNot established
Suspicious matter report workflowVerifiedPartial
Threshold transaction reportingPartialNot established
Evidence pack exportNot establishedNo
Immutable audit logVerifiedNo
Product typePlatformRegister

Capabilities, section by section

Program & governance

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

CDD & entity work

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

Identity verification

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

Screening & monitoring

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

Reporting & control

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

Evidence & extensibility

  • Evidence pack export Needs confirmation No
  • Immutable audit log Verified No
  • API access Needs confirmation Needs confirmation

Unknowns to confirm

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

Program maintenance and reviewEnhanced due diligenceReliance arrangementsBiometric liveness and face matchDocument Verification Service (DVS) accessEvidence pack exportAPI accessIndependent evaluation support (s84)

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 Guard on AML Directory · SimpleAML on AML Directory