SubjectTwo records, worked side by side
Records checked to8 October 2026
OverSEER AML 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.
OverSEER AML
Full AML/CTF platform
- Entry price
- $350.00/mo
- Evidence
- 19%
- Marketed to
- Not established
- Data residency
- australia
TrustSoft
AML module in another product
- Entry price
- $99.00/mo
- Evidence
- 65%
- Marketed to
- Accounting
- Data residency
- Not established
Choose OverSEER AML when...
- Automated transaction monitoring (bank-style rules) is verified — TrustSoft has not established it.
- AUSTRAC SMR XML export is verified — TrustSoft has not established it.
Choose TrustSoft when...
- AML/CTF program creation is verified — OverSEER AML has not established it.
- Program maintenance and review is verified — OverSEER AML has not established it.
- Risk assessment is verified — OverSEER AML has not established it.
- Staff training is verified — OverSEER AML has not established it.
- Customer due diligence is verified — OverSEER AML has not established it.
Biggest differences
| Field | OverSEER AML | TrustSoft |
|---|---|---|
| AML/CTF program creation | Not established | Verified |
| Program maintenance and review | Not established | Verified |
| Risk assessment | Not established | Verified |
| Staff training | Not established | Verified |
| Customer due diligence | Not established | Verified |
| Know-your-business (entity checks) | Not established | Verified |
| Beneficial ownership and control | Not established | Verified |
| Enhanced due diligence | Not established | Verified |
| Electronic identity verification | Not established | Verified |
| Biometric liveness and face match | Not established | Verified |
| Document Verification Service (DVS) access | Not established | Verified |
| PEP and sanctions screening | Not established | Verified |
| Adverse media screening | Not established | Verified |
| Automated transaction monitoring (bank-style rules) | Verified | Partial |
Capabilities, section by section
Program & governance
OverSEER AMLTrustSoft
- AML/CTF program creation Not obtained Agreed
- Program maintenance and review Not obtained Agreed
- Risk assessment Not obtained Agreed
- Independent evaluation support (s84) Not obtained Not obtained
- Staff training Not obtained Agreed
CDD & entity work
OverSEER AMLTrustSoft
- Customer due diligence Not obtained Agreed
- Know-your-business (entity checks) Not obtained Agreed
- Beneficial ownership and control Not obtained Agreed
- Enhanced due diligence Not obtained Agreed
- Reliance arrangements Not obtained Not obtained
Identity verification
OverSEER AMLTrustSoft
- Electronic identity verification Not obtained Agreed
- Biometric liveness and face match Not obtained Agreed
- Document Verification Service (DVS) access Not obtained Agreed
Screening & monitoring
OverSEER AMLTrustSoft
- PEP and sanctions screening Not obtained Agreed
- Adverse media screening Not obtained Agreed
- Ongoing customer monitoring Not obtained Not obtained
- Automated transaction monitoring (bank-style rules) Agreed Queried
Reporting & control
OverSEER AMLTrustSoft
- Suspicious matter report workflow Not obtained Agreed
- AUSTRAC SMR XML export Agreed Not obtained
- Tipping-off controls (s123) Not obtained Not obtained
- Threshold transaction reporting Not obtained Agreed
Evidence & extensibility
OverSEER AMLTrustSoft
- Evidence pack export Not obtained Agreed
- Immutable audit log Not obtained Not obtained
- API access Not obtained Not obtained
Tranche 2 operations
OverSEER AMLTrustSoft
- Risk assessed per designated service Queried Queried
- Ongoing monitoring triggered by designated service and risk Queried Not obtained
- Program obligations calendar Not obtained Not obtained
- Versioned AML program and CDD records Queried Queried
- Escalation to AMLCO or manager with outcome recorded Queried Queried
- Expired document alerts Not obtained Not obtained
- Reliance CDD requests sent and received Not obtained Not obtained
Unknowns to confirm
Not established for at least one of these two — ask before relying on it.
AML/CTF program creationProgram maintenance and reviewRisk assessmentIndependent evaluation support (s84)Staff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and control
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 8 October 2026. Source records: OverSEER AML on AML Directory · TrustSoft on AML Directory