The product
Not a roadmap. A working platform.
Every capability below is built and running today — in active use, across all five Tranche 2 domains, not a future release.
Foundation
Case & party management
Every case — a property transaction, a client engagement, a regulated sale — tracks every party as a first-class record: vendors, buyers, directors, beneficial owners, trustees, representatives. Nothing lives in a spreadsheet, and nothing about a party's history gets overwritten when their role or ownership changes.
A dedicated stage-by-stage progress view shows exactly what's complete, in progress, or not started, for every party on the case — the same structure AUSTRAC's own program starter kits describe, mapped onto where each step actually lives in the software.
A typo, caught automatically
| Field | On file | From ASIC |
|---|---|---|
| Name | ASIC Compnay Pty Ltd | ASIC Company Pty Ltd |
| ACN | 000 000 123 | 000 000 123 |
| Company type | Proprietary | Proprietary |
Upload a Current Company Extract and every field is compared automatically — a mismatched name is flagged in seconds, not discovered at settlement.
Identity & business verification
KYC/KYB, including a real ASIC verification pipeline
Individuals verify the way AUSTRAC's own guidance describes: one primary photo ID, or two non-photo documents plus a referee statement — sighted and checked against what the person already gave you.
For companies, upload the free ASIC Company Summary or the $10 Current Company Extract and the platform parses it, cross-checks name, ACN, ABN and company type against what's on file, extracts every director and secretary listed, and lets you create a trackable KYC record for each one in a single click — straight from the document, not typed in by hand.
The hard part, done automatically
Beneficial ownership, computed through every layer
AUSTRAC's own guidance gives a worked example: multiply ownership percentages through each layer, and add them up if the same person shows up in more than one path. eAML runs that calculation live, every time.
Unlimited depth
Owner-of-owner traced arbitrarily deep, lazily expanded, the same way a compliance officer would work through the structure by hand.
Effective %, not just direct
Multiplies through every layer and sums repeated paths — the exact rule AUSTRAC's own worked example follows, computed instead of estimated.
Flags the 25% line
Anyone who crosses beneficial-ownership threshold gets a clear visual cue for an officer to act on — never a silent auto-decision.
Screening
Sanctions, PEP and adverse media — on a rule engine, not hard-coded logic
Every case is screened against sanctions and PEP lists and checked for adverse media. The rules that decide when a check fires, what it means, and what happens next are configurable and versioned — not buried in application code — so the system's actual obligations trace back to a specific, auditable rule, every time.
Politically exposed persons follow AUSTRAC's own two-stage process: a plain self-declaration first, then a compliance officer's own research confirms whether it's domestic, foreign, or linked to an international organisation — because a foreign PEP finding is never left to discretion, it's an automatic escalation to high risk.
Country risk
Checked against the FATF black and grey lists — a distinct, live check, not just a form answer.
Adverse media
Weighted for relevance — a spent conviction or a minor offence doesn't carry the same weight as a profit-generating crime.
Escalate on doubt
Borderline cases route to a senior officer rather than being silently cleared.
Governance
Risk tiering and a senior approval that actually gates the case
A compliance officer sets the final risk tier in writing, against the specific factors the case raised — never an automatic score with no reasoning attached. Every case then routes to a dedicated, role-gated approval step: only a senior manager login can sign it off.
For the cases where it matters — a foreign PEP, a high-risk-country buyer, a complex ownership structure — that approval is a genuine decision on a clean, evidence-backed file, not a formality. If a senior officer doesn't approve, the case stops there, exactly as AUSTRAC's guidance expects.
Records
A 7-year audit trail, automatically
Every check, every document, every override is timestamped and retained to the regulator's own retention standard — no separate process to remember, no risk of a gap in the file the day AUSTRAC actually asks to see it.
Fits your existing systems
CRM integration, provider-neutral
A connector that keeps case, party and property data in sync with your own system of record — REST, GraphQL or SOAP/XML, whichever your CRM speaks, with your own stored, encrypted credentials. Compliance data doesn't have to live in a second, disconnected system.