AMLTranche is an end-to-end hosted platform. TrustSoft is an AML module inside a different product. Comparing them on monthly cost will mislead you: they are bought to do different jobs, and the cheaper figure below does not mean the better buy. Read the capability rows, not the prices.
11 further fields are unestablished for at least one of the two and are left out of the list above. A gap in our research is not a point against a product, and presenting it as one would score these two on our work rather than on theirs.
Every field, side by side
Reading a spec strip
Verifiedconfirmed on the provider’s own site
Partialpresent but limited or conditional
Absentthe product does not do it
Not establishedwe could not confirm either way
Each bar runs one segment per capability, in the same order on every board, so two providers compare by position. A hatched segment means the field is unfilled, not that the product lacks the capability — around half of all capability fields on this site are currently unestablished, and a blank would read as “no” and misrepresent a real business. Show all opens the full list in place.
ProgramAMLTrancheTrustSoft
AML/CTF program build YesYes
Risk assessment YesYes
Program maintenance and review — differsNot establishedYes
Independent evaluation support (s84) Not establishedNot established
Staff training — differsNoYes
CustomerAMLTrancheTrustSoft
Customer due diligence YesYes
Know your business (entity checks) — differsNot establishedYes
Beneficial ownership and control YesYes
Enhanced due diligence — differsNot establishedYes
Reliance arrangements Not establishedNot established
IdentityAMLTrancheTrustSoft
Electronic identity verification YesYes
Biometric liveness and face match YesYes
Document Verification Service access — differsNot establishedYes
ScreeningAMLTrancheTrustSoft
PEP and sanctions screening YesYes
Adverse media screening YesYes
Ongoing customer monitoring — differsYesNot established
Transaction monitoring — differsNoYes
ReportingAMLTrancheTrustSoft
Suspicious matter report workflow YesYes
AUSTRAC SMR XML export — differsNoNot established
Tipping-off controls (s123) — differsYesNot established
Threshold transaction reporting YesYes
RecordAMLTrancheTrustSoft
Evidence pack export YesYes
Immutable audit log — differsYesNot established
API access Not establishedNot established
AMLTranche: 14/24 verified.TrustSoft: 17/24 verified. A higher count means more that we could confirm, not necessarily more that the product does.
Where each is weaker
AMLTranche
No staff training feature found anywhere on the site.
Does not lodge reports to AUSTRAC. SMR output is a formatted PDF pack for manual submission via AUSTRAC Online, not XML.
No named third-party integrations.
No broader transaction monitoring beyond the $10k cash TTR trigger.
TrustSoft
AML/CTF is a module within trust accounting software, not a standalone product.
Pricing is structured as two separate subscriptions (trust accounting + AML/CTF), adding complexity to procurement.
SMR export format is described as 'AUSTRAC reporting area with templates' but the actual format (XML, PDF, or other) is not confirmed.
DVS (Digital Verification Service) is explicitly offered as an integrated capability; no third-party verification provider is named.
AMLTranche checked 25 August 2026. TrustSoft checked 25 August 2026. Pricing in this market goes stale within a quarter — verify current figures with the provider before you rely on them.