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AML FinderAustralia

AMLTranche 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

AMLTranche

Full AML/CTF platform

Entry price
$59.00/mo
Evidence
71%
Marketed to
Real estate, Conveyancing, Accounting, Precious metals & stones
Data residency
australia

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 AMLTranche when...

  • AML/CTF program creation is verified — First AML has not established it.
  • Adverse media screening is verified — First AML has not established it.
  • Suspicious matter report workflow is verified — First AML has not established it.
  • Tipping-off controls (s123) is verified — First AML has not established it.
  • Threshold transaction reporting is verified — First AML has not established it.

Choose First AML when...

  • Know-your-business (entity checks) is verified — AMLTranche has not established it.
  • Enhanced due diligence is verified — AMLTranche has not established it.
  • API access is verified — AMLTranche has not established it.

Where both fit

Risk assessmentCustomer due diligenceBeneficial ownership and controlElectronic identity verificationBiometric liveness and face matchPEP and sanctions screeningOngoing customer monitoringEvidence pack export

Biggest differences

FieldAMLTrancheFirst AML
AML/CTF program creationVerifiedNo
Know-your-business (entity checks)Not establishedVerified
Enhanced due diligenceNot establishedVerified
Adverse media screeningVerifiedPartial
Transaction monitoringNoNot established
Suspicious matter report workflowVerifiedNot established
AUSTRAC SMR XML exportNoNot established
Tipping-off controls (s123)VerifiedNot established
Threshold transaction reportingVerifiedNot established
Immutable audit logVerifiedNot established
API accessNot establishedVerified
Named integrations0 named12 named
Data residencyaustraliamixed

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 No No

CDD & entity work

  • Customer due diligence Verified Verified
  • Know-your-business (entity checks) Needs confirmation 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 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 No Needs confirmation

Reporting & control

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

Evidence & extensibility

  • Evidence pack export Verified Verified
  • Immutable audit log Verified 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)Know-your-business (entity checks)Enhanced due diligenceReliance arrangementsDocument Verification Service (DVS) accessAPI accessTransaction monitoring

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: AMLTranche on AML Directory · First AML on AML Directory