FreeAML 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
FreeAML
Verification layer
- Entry price
- $15.00/check
- Evidence
- 54%
- Marketed to
- Accounting, Real estate, Conveyancing, Legal
- Data residency
- Not established
Product B
TrustSoft
AML module in another product
- Entry price
- $99.00/mo
- Evidence
- 71%
- Marketed to
- Accounting
- Data residency
- australia
Choose FreeAML when...
- Ongoing customer monitoring is verified — TrustSoft has not established it.
Choose TrustSoft when...
- Program maintenance and review is verified — FreeAML has not established it.
- Enhanced due diligence is verified — FreeAML has not established it.
- Transaction monitoring is verified — FreeAML has not established it.
- Suspicious matter report workflow is verified — FreeAML has not established it.
- Threshold transaction reporting is verified — FreeAML has not established it.
Where both fit
AML/CTF program creationRisk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationBiometric liveness and face matchDocument Verification Service (DVS) accessPEP and sanctions screeningAdverse media screeningEvidence pack export
Biggest differences
| Field | FreeAML | TrustSoft |
|---|---|---|
| Program maintenance and review | Not established | Verified |
| Enhanced due diligence | Not established | Verified |
| Ongoing customer monitoring | Verified | Not established |
| Transaction monitoring | Not established | Verified |
| Suspicious matter report workflow | Not established | Verified |
| Threshold transaction reporting | Not established | Verified |
| Product type | Verification | Module |
| Named integrations | 0 named | 3 named |
| Data residency | unknown | australia |
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) Needs confirmation 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 Verified Verified
- Document Verification Service (DVS) access Verified Verified
Screening & monitoring
- PEP and sanctions screening Verified Verified
- Adverse media screening Verified Verified
- Ongoing customer monitoring Verified Needs confirmation
- Transaction monitoring Needs confirmation Verified
Reporting & control
- Suspicious matter report workflow Needs confirmation Verified
- AUSTRAC SMR XML export Needs confirmation Needs confirmation
- Tipping-off controls (s123) Needs confirmation Needs confirmation
- Threshold transaction reporting Needs confirmation Verified
Evidence & extensibility
- Evidence pack export Verified Verified
- Immutable audit log Needs confirmation 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 reviewIndependent evaluation support (s84)Enhanced due diligenceReliance arrangementsTransaction monitoringSuspicious matter report workflowAUSTRAC SMR XML exportTipping-off controls (s123)
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 youProvider facts checked through 25 August 2026. Source records: FreeAML on AML Directory · TrustSoft on AML Directory