Skip to main content
AML FinderAU
SubjectTwo records, worked side by side
Records checked to8 October 2026

AML SoftServe vs ClearAML

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.

AML SoftServe

Full AML/CTF platform

Entry price
$96.00/mo
Evidence
42%
Marketed to
Not established
Data residency
mixed

ClearAML

Full AML/CTF platform

Entry price
$49.00/mo
Evidence
74%
Marketed to
Accounting, Real estate, Legal, Conveyancing
Data residency
australia

Choose AML SoftServe when...

  • AML/CTF program creation is verified — ClearAML has not established it.
  • Enhanced due diligence is verified — ClearAML has not established it.
  • Adverse media screening is verified — ClearAML has not established it.
  • Risk assessed per designated service is verified — ClearAML has not established it.

Choose ClearAML when...

  • Independent evaluation support (s84) is verified — AML SoftServe has not established it.
  • Beneficial ownership and control is verified — AML SoftServe has not established it.
  • Document Verification Service (DVS) access is verified — AML SoftServe has not established it.
  • Suspicious matter report workflow is verified — AML SoftServe has not established it.
  • AUSTRAC SMR XML export is verified — AML SoftServe has not established it.

Where both fit

Risk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Electronic identity verificationBiometric liveness and face matchPEP and sanctions screeningOngoing customer monitoring

Biggest differences

FieldAML SoftServeClearAML
AML/CTF program creationVerifiedNot established
Independent evaluation support (s84)Not establishedVerified
Beneficial ownership and controlNot establishedVerified
Enhanced due diligenceVerifiedNot established
Document Verification Service (DVS) accessNot establishedVerified
Adverse media screeningVerifiedNot established
Automated transaction monitoring (bank-style rules)Not establishedPartial
Suspicious matter report workflowNot establishedVerified
AUSTRAC SMR XML exportNot establishedVerified
Threshold transaction reportingNot establishedVerified
Evidence pack exportNot establishedVerified
Risk assessed per designated serviceVerifiedPartial
Ongoing monitoring triggered by designated service and riskNot establishedPartial
Program obligations calendarNot establishedPartial

Capabilities, section by section

Program & governance

AML SoftServeClearAML
  • AML/CTF program creation Agreed Not obtained
  • Program maintenance and review Not obtained Not obtained
  • Risk assessment Agreed Agreed
  • Independent evaluation support (s84) Not obtained Agreed
  • Staff training Agreed Agreed

CDD & entity work

AML SoftServeClearAML
  • Customer due diligence Agreed Agreed
  • Know-your-business (entity checks) Agreed Agreed
  • Beneficial ownership and control Not obtained Agreed
  • Enhanced due diligence Agreed Not obtained
  • Reliance arrangements Not obtained Not obtained

Identity verification

AML SoftServeClearAML
  • Electronic identity verification Agreed Agreed
  • Biometric liveness and face match Agreed Agreed
  • Document Verification Service (DVS) access Not obtained Agreed

Screening & monitoring

AML SoftServeClearAML
  • PEP and sanctions screening Agreed Agreed
  • Adverse media screening Agreed Not obtained
  • Ongoing customer monitoring Agreed Agreed
  • Automated transaction monitoring (bank-style rules) Not obtained Queried

Reporting & control

AML SoftServeClearAML
  • Suspicious matter report workflow Not obtained Agreed
  • AUSTRAC SMR XML export Not obtained Agreed
  • Tipping-off controls (s123) Not obtained Not obtained
  • Threshold transaction reporting Not obtained Agreed

Evidence & extensibility

AML SoftServeClearAML
  • Evidence pack export Not obtained Agreed
  • Immutable audit log Not obtained Not obtained
  • API access Not obtained Not obtained

Tranche 2 operations

AML SoftServeClearAML
  • Risk assessed per designated service Agreed Queried
  • Ongoing monitoring triggered by designated service and risk Not obtained Queried
  • Program obligations calendar Not obtained Queried
  • Versioned AML program and CDD records Queried Agreed
  • Escalation to AMLCO or manager with outcome recorded Not obtained Queried
  • Expired document alerts Not obtained Queried
  • Reliance CDD requests sent and received Not obtained Queried

Unknowns to confirm

Not established for at least one of these two — ask before relying on it.

Program maintenance and reviewIndependent evaluation support (s84)Beneficial ownership and controlReliance arrangementsDocument Verification Service (DVS) accessAutomated transaction monitoring (bank-style rules)Suspicious matter report workflowAUSTRAC SMR XML export

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 8 October 2026. Source records: AML SoftServe on AML Directory · ClearAML on AML Directory