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AML FinderAustralia

AML Guard vs TrustSoft

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

TrustSoft

AML module in another product

Entry price
$99.00/mo
Evidence
71%
Marketed to
Accounting
Data residency
australia

Choose AML Guard when...

  • Ongoing customer monitoring is verified — TrustSoft has not established it.
  • Tipping-off controls (s123) is verified — TrustSoft has not established it.
  • Immutable audit log is verified — TrustSoft has not established it.

Choose TrustSoft when...

  • Program maintenance and review is verified — AML Guard has not established it.
  • Enhanced due diligence is verified — AML Guard has not established it.
  • Biometric liveness and face match is verified — AML Guard has not established it.
  • Document Verification Service (DVS) access is verified — AML Guard has not established it.
  • Transaction monitoring is verified — AML Guard has not established it.

Where both fit

AML/CTF program creationRisk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationPEP and sanctions screeningAdverse media screeningSuspicious matter report workflow

Biggest differences

FieldAML GuardTrustSoft
Program maintenance and reviewNot establishedVerified
Independent evaluation support (s84)NoNot established
Enhanced due diligenceNot establishedVerified
Biometric liveness and face matchNot establishedVerified
Document Verification Service (DVS) accessNot establishedVerified
Ongoing customer monitoringVerifiedNot established
Transaction monitoringNoVerified
AUSTRAC SMR XML exportNoNot established
Tipping-off controls (s123)VerifiedNot established
Threshold transaction reportingPartialVerified
Evidence pack exportNot establishedVerified
Immutable audit logVerifiedNot established
Product typePlatformModule
Named integrations1 named3 named

Capabilities, section by section

Program & governance

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

CDD & entity work

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

Identity verification

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

Screening & monitoring

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

Reporting & control

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

Evidence & extensibility

  • Evidence pack export Needs confirmation Verified
  • Immutable audit log Verified Needs confirmation
  • 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 · TrustSoft on AML Directory