Best AML/CTF Software in Australia (2026 Comparison)

If you are a real estate agent, accountant, lawyer, conveyancer or trust and company service provider in Australia, you have until 29 July 2026 to enrol with AUSTRAC and a working AML/CTF program in place by 1 July 2026. Most Tranche 2 businesses are now choosing software over consultants because the cost gap is large and the recurring obligations — CDD, monitoring, reporting, training, recordkeeping for seven years — are operational, not one-off.

This guide compares the AML/CTF platforms Australian businesses are actually shortlisting in 2026. We have included our own product, ComplyReady, in the list and disclosed that clearly. Where we do not have first-hand pricing or feature data, we say so rather than guess.

TL;DR — quick recommendations

• Best for sole practitioners and small firms: ComplyReady ($99/mo)
• Best for accounting firms via NTAA: AMLHUB
• Best for accounting-focused workflows: TrustEasy
• Best for law firms with complex CDD: First AML
• Best for KYC-first deployments: StackGo IdentityCheck
• Best for end-to-end transaction monitoring: OverSEER AML

How we compared these platforms

We looked at six things buyers consistently ask about:

1. Tranche 2 readiness — does the platform explicitly support real estate, legal, accounting, conveyancing and TCSP workflows, or is it a financial-services tool being repackaged?
2. AML/CTF program builder — does it generate a tailored Part A + Part B program, or only provide templates?
3. CDD and screening — identity verification, beneficial ownership, PEP and sanctions screening, ongoing monitoring triggers.
4. Reporting and recordkeeping — SMR, TTR and IFTI workflows aligned to AUSTRAC timeframes; seven-year audit-ready storage.
5. Pricing transparency — published pricing vs "contact us" only.
6. Australian support — local team, AUSTRAC-aligned guidance, plain-English documentation.

We did not rank by "best overall" because the right answer depends heavily on your sector and firm size. Where pricing is not published, we say "Contact vendor" rather than estimate.

The eight platforms compared

1. AMLHUB (via NTAA partnership)

Best for: Accountants, lawyers and real estate firms wanting a guided, end-to-end workflow.

Pricing: Contact vendor (typically bundled with NTAA membership benefits).

Strengths: Established Australian player with significant penetration in accounting via the National Tax and Accountants' Association partnership. Includes the AMLHUB ID app for face-to-face onboarding, electronic identity verification (eIV) with biometric checks, training modules and policy templates. Strong brand recognition in the accounting profession.

Trade-offs: Pricing is opaque and largely sold through partner channels rather than direct self-serve. The buying process can be slower for businesses outside the NTAA ecosystem.

Verdict: A safe choice for accountants who already engage with NTAA. Less obvious for non-accounting Tranche 2 sectors.

2. EasyAML

Best for: Mid-size Tranche 2 businesses who want an all-in-one platform and can absorb a higher monthly cost.

Pricing: Approximately $179/month based on publicly available information.

Strengths: Purpose-built for Tranche 2, supported by a local Australian team. Covers risk assessments, automated onboarding, monitoring and audit-ready reporting. Strong brand visibility — currently ranks well for "AML/CTF software Australia" queries.

Trade-offs: Higher price point than alternatives may not suit sole practitioners or very small firms. Some functionality is geared toward businesses with multiple users and ongoing transaction volume.

Verdict: A credible direct competitor to ComplyReady; pick based on price sensitivity and team size.

3. OverSEER AML

Best for: Businesses with significant transaction monitoring obligations.

Pricing: Contact vendor.

Strengths: Markets itself as an end-to-end AML/CTF compliance platform with automated reporting (SMR, TTR, IFTI, ACR), customer due diligence, beneficial ownership tracking and risk-based CDD. Strong on the monitoring and reporting end of the workflow.

Trade-offs: Less visible market presence in the SME Tranche 2 segment compared to AMLHUB or EasyAML. Pricing not published.

Verdict: Worth shortlisting if you anticipate complex transaction monitoring needs from day one — for example, conveyancing practices handling settlement volumes or accounting firms with frequent trust account activity.

4. First AML

Best for: Mid-to-large law firms and professional services with complex customer structures.

Pricing: Contact vendor.

Strengths: Global platform with strong brand recognition. Particularly strong on customer due diligence for complex entity structures — trusts within trusts, layered ownership, international beneficial owners. Integrates with thousands of data sources globally.

Trade-offs: Built for global scale, which can mean overhead for sole practitioners or single-location firms. Pricing tends to scale with verification volume rather than offering a flat SME tier.

Verdict: The right choice for firms whose CDD challenge is complexity rather than volume.

5. StackGo IdentityCheck

Best for: Firms that already have a CRM (PracticeEvolve, Karbon, FilePro, etc.) and want KYC verification embedded in existing workflows.

Pricing: Contact vendor.

Strengths: Australian-built KYC and identity verification platform with strong CRM integration story. Particularly good fit for accounting firms running existing practice management systems who do not want a parallel compliance UI. StackGo also publishes detailed comparison content and is often shortlisted on that brand authority alone.

Trade-offs: KYC-first rather than full AML/CTF program builder — you may still need a separate solution for risk assessments, training and policy documents.

Verdict: Best as part of a stack, not a standalone Tranche 2 solution.

6. TrustEasy

Best for: Small to mid-size accounting firms wanting an accountant-specific, low-cost option.

Pricing: Approximately $1,200/year (around $100/month) ex GST, per publicly available information.

Strengths: Sector-specific focus on accounting firms. Covers AML/CTF program, CDD, training and reporting. Comparable price point to ComplyReady.

Trade-offs: Designed primarily for accountants, so less obvious for real estate, legal or conveyancing workflows.

Verdict: A strong shortlist option for accounting firms specifically; cross-sector firms should look elsewhere.

7. NameScan

Best for: Businesses needing screening tools (PEP, sanctions, adverse media) bolted onto an existing compliance setup.

Pricing: Contact vendor; pay-per-search and subscription tiers available.

Strengths: Long-established Australian provider of screening and watchlist solutions. Good for adding rigorous screening capability to a manual or partial-software setup.

Trade-offs: Not a full Tranche 2 program builder — you would need to combine NameScan with another tool or manual processes for risk assessment, program documentation and training.

Verdict: A specialist add-on rather than an end-to-end answer for Tranche 2.

8. ComplyReady (disclosure: this is our product)

Best for: Sole practitioners, small firms and mid-size Tranche 2 practices that want an end-to-end platform without consultant overhead.

Pricing: $99/month, no setup fee, no minimum term.

Strengths: AI-guided risk assessment, automated Part A + Part B program generation, built-in CDD with identity verification, beneficial ownership and PEP screening, structured SMR and TTR workflows, integrated staff training with completion tracking, and seven-year secure recordkeeping. Industry-specific configuration for real estate, accountants, lawyers and conveyancers — not financial-services software being relabelled. Lower price point than most alternatives.

Trade-offs: Less suitable for very large organisations needing enterprise SSO, SAML, custom audit trails or dedicated infrastructure. Newer brand than AMLHUB or First AML — if vendor longevity is a primary concern, that may matter.

Verdict: We built ComplyReady because the existing options were either too expensive for sole practitioners and small firms, or required a separate consultant to actually use. If you are a Tranche 2 business needing to be audit-ready without heavy lifting, start with our free risk assessment to see what your compliance program would look like.

Side-by-side comparison

| Platform | Sector focus | Published price | Tranche 2 ready | Free trial | |---|---|---|---|---| | AMLHUB | Accounting, legal, real estate | Contact vendor | Yes | Demo via NTAA | | EasyAML | Tranche 2 generalist | ~$179/mo | Yes | Get Started Free | | OverSEER AML | Transaction monitoring | Contact vendor | Yes | Demo on request | | First AML | Complex CDD, mid-large firms | Contact vendor | Yes | Demo on request | | StackGo IdentityCheck | KYC integration | Contact vendor | Partial | Demo on request | | TrustEasy | Accounting firms | ~$1,200/yr ex GST | Yes | Trial available | | NameScan | Screening only | Contact vendor | Partial (add-on) | Pay-per-search | | ComplyReady | Tranche 2 generalist | $99/mo | Yes | Free risk assessment |

What about hiring a consultant?

Many Tranche 2 businesses still consider engaging an AML/CTF consultant to write their program from scratch. Typical engagements run $5,000 to $15,000+ upfront plus ongoing fees for annual reviews and updates.

Consultants produce documents. They do not produce the operational systems that AUSTRAC expects to see actually running — CDD checks logged against each customer, training records, transaction monitoring activities, suspicious matter report workflows. So most businesses that go consultant-only end up either:

1. Adding software anyway after their first audit, or
2. Letting the consultant-produced program drift out of date until the next regulatory change forces a rewrite.

For complex, high-risk businesses with unusual structures, a consultant adds genuine value. For everyone else, a software platform produces the same documentary output and gives you the operational tools to actually run the program.

How to choose

The right platform depends on three things: your sector, your size, and how much your time is worth.

| If you are... | Start with | |---|---| | A sole practitioner accountant, lawyer or conveyancer | ComplyReady ($99/mo) — lowest cost end-to-end option | | A small accounting firm already using NTAA services | AMLHUB — the integration story is strong | | A real estate agency with multiple offices | ComplyReady or EasyAML — both built for this | | A mid-size law firm with international clients | First AML — strongest CDD for complex structures | | Already invested in PracticeEvolve, Karbon or FilePro | StackGo IdentityCheck — embeds in existing workflow | | Anticipating high transaction monitoring volumes | OverSEER AML — strong on this end | | Only needing PEP/sanctions screening | NameScan — specialist tool |

The single biggest mistake we see Tranche 2 businesses make is deferring the decision past June 2026, then trying to onboard, configure, train staff and document a program in the same month enrolment closes. Whatever you choose, choose now and start using it — the documented evidence of an operational program at audit time is what AUSTRAC actually wants to see.

Getting started

If ComplyReady looks like a fit, you can run a free readiness check to see exactly what gaps exist in your current setup, what your compliance program would look like, and what AUSTRAC would expect at an audit. There is no obligation, no credit card and the assessment takes about 8 minutes.

If you want to look at our actual penalty exposure for non-compliance, our AUSTRAC penalty calculator shows the cost of getting this wrong — drawing on real enforcement cases including CBA ($700M) and Westpac ($1.3B).