SubjectTwo records, worked side by side
Records checked to8 October 2026
First AML vs Syntrico
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.
First AML
Full AML/CTF platform
- Entry price
- On application
- Evidence
- 65%
- Marketed to
- Accounting, Real estate, Legal, Conveyancing, Financial services
- Data residency
- australia
Syntrico
Full AML/CTF platform
- Entry price
- $149.00/mo
- Evidence
- 74%
- Marketed to
- Real estate, Legal, Conveyancing, Accounting, Precious metals & stones, Other
- Data residency
- australia
Choose First AML when...
- Enhanced due diligence is verified — Syntrico has not established it.
- Biometric liveness and face match is verified — Syntrico has not established it.
- API access is verified — Syntrico has not established it.
- Escalation to AMLCO or manager with outcome recorded is verified — Syntrico has not established it.
- Reliance CDD requests sent and received is verified — Syntrico has not established it.
Choose Syntrico when...
- AML/CTF program creation is verified — First AML has not established it.
- Staff training is verified — First AML has not established it.
- Adverse media screening is verified — First AML has not established it.
- Automated transaction monitoring (bank-style rules) is verified — First AML has not established it.
- Suspicious matter report workflow is verified — First AML has not established it.
Where both fit
Risk assessmentCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationPEP and sanctions screeningOngoing customer monitoringEvidence pack exportExpired document alerts
Biggest differences
| Field | First AML | Syntrico |
|---|---|---|
| AML/CTF program creation | No | Verified |
| Program maintenance and review | Not established | Partial |
| Independent evaluation support (s84) | Not established | Partial |
| Staff training | No | Verified |
| Enhanced due diligence | Verified | Partial |
| Biometric liveness and face match | Verified | Not established |
| Adverse media screening | Partial | Verified |
| Automated transaction monitoring (bank-style rules) | Not established | Verified |
| Suspicious matter report workflow | Not established | Verified |
| Threshold transaction reporting | Not established | Verified |
| API access | Verified | Partial |
| Escalation to AMLCO or manager with outcome recorded | Verified | Partial |
| Reliance CDD requests sent and received | Verified | Not established |
| Named integrations | 12 named | 1 named |
Capabilities, section by section
Program & governance
First AMLSyntrico
- AML/CTF program creation Not agreed Agreed
- Program maintenance and review Not obtained Queried
- Risk assessment Agreed Agreed
- Independent evaluation support (s84) Not obtained Queried
- Staff training Not agreed Agreed
CDD & entity work
First AMLSyntrico
- Customer due diligence Agreed Agreed
- Know-your-business (entity checks) Agreed Agreed
- Beneficial ownership and control Agreed Agreed
- Enhanced due diligence Agreed Queried
- Reliance arrangements Not obtained Not obtained
Identity verification
First AMLSyntrico
- Electronic identity verification Agreed Agreed
- Biometric liveness and face match Agreed Not obtained
- Document Verification Service (DVS) access Not obtained Not obtained
Screening & monitoring
First AMLSyntrico
- PEP and sanctions screening Agreed Agreed
- Adverse media screening Queried Agreed
- Ongoing customer monitoring Agreed Agreed
- Automated transaction monitoring (bank-style rules) Not obtained Agreed
Reporting & control
First AMLSyntrico
- Suspicious matter report workflow Not obtained Agreed
- AUSTRAC SMR XML export Not obtained Not obtained
- Tipping-off controls (s123) Not obtained Not obtained
- Threshold transaction reporting Not obtained Agreed
Evidence & extensibility
First AMLSyntrico
- Evidence pack export Agreed Agreed
- Immutable audit log Not obtained Not obtained
- API access Agreed Queried
Tranche 2 operations
First AMLSyntrico
- Risk assessed per designated service Queried Queried
- Ongoing monitoring triggered by designated service and risk Queried Queried
- Program obligations calendar Not obtained Not obtained
- Versioned AML program and CDD records Queried Queried
- Escalation to AMLCO or manager with outcome recorded Agreed Queried
- Expired document alerts Agreed Agreed
- 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 reviewIndependent evaluation support (s84)Reliance arrangementsDocument Verification Service (DVS) accessAutomated transaction monitoring (bank-style rules)Suspicious 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 8 October 2026. Source records: First AML on AML Directory · Syntrico on AML Directory