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AML FinderAU
SubjectTwo records, worked side by side
Records checked to8 October 2026

AML Guard 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.

AML Guard

Full AML/CTF platform

Entry price
$75.00/mo
Evidence
71%
Marketed to
Real estate, Conveyancing, Legal, Accounting
Data residency
australia

TrustSoft

AML module in another product

Entry price
$99.00/mo
Evidence
65%
Marketed to
Accounting
Data residency
Not established

Choose AML Guard when...

  • Ongoing customer monitoring is verified — TrustSoft has not established it.
  • Tipping-off controls (s123) is verified — TrustSoft has not established it.
  • Immutable audit log is verified — TrustSoft has not established it.
  • Versioned AML program and CDD records is verified — TrustSoft has not established it.
  • Reliance CDD requests sent and received is verified — TrustSoft has not established it.

Choose TrustSoft when...

  • Program maintenance and review is verified — AML Guard has not established it.
  • Enhanced due diligence is verified — AML Guard has not established it.
  • Biometric liveness and face match is verified — AML Guard has not established it.
  • Document Verification Service (DVS) access is verified — AML Guard has not established it.
  • Threshold transaction reporting is verified — AML Guard has not established it.

Where both fit

AML/CTF program creationRisk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationPEP and sanctions screeningAdverse media screeningSuspicious matter report workflow

Biggest differences

FieldAML GuardTrustSoft
Program maintenance and reviewNot establishedVerified
Independent evaluation support (s84)NoNot established
Enhanced due diligenceNot establishedVerified
Biometric liveness and face matchNot establishedVerified
Document Verification Service (DVS) accessNot establishedVerified
Ongoing customer monitoringVerifiedNot established
Automated transaction monitoring (bank-style rules)Not establishedPartial
AUSTRAC SMR XML exportNoNot established
Tipping-off controls (s123)VerifiedNot established
Threshold transaction reportingPartialVerified
Evidence pack exportNot establishedVerified
Immutable audit logVerifiedNot established
Ongoing monitoring triggered by designated service and riskPartialNot established
Program obligations calendarPartialNot established

Capabilities, section by section

Program & governance

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

CDD & entity work

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

Identity verification

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

Screening & monitoring

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

Reporting & control

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

Evidence & extensibility

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

Tranche 2 operations

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

Unknowns to confirm

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

Program maintenance and reviewEnhanced due diligenceReliance arrangementsBiometric liveness and face matchDocument Verification Service (DVS) accessAutomated transaction monitoring (bank-style rules)Evidence pack exportAPI access

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 Guard on AML Directory · TrustSoft on AML Directory