AMLTranche provides a cloud‑based platform that automates AML/CTF compliance for Australian real‑estate and related professions, generating tailored programs, risk assessments, identity verification, and sanctions screening while storing data on Australian servers. The service includes deadline tracking and role‑based access, offered through subscription tiers that scale with seat count and verification needs.
Funding
Funding not disclosed
Founders
Product
Problem
Australian real estate agents, conveyancers, property developers, buyers agents, settlement agents, and precious‑metal dealers must meet AUSTRAC AML/CTF obligations, including sanctions screening, customer due diligence, and strict data residency requirements. Failure to maintain continuous compliance can result in regulatory penalties and operational disruptions.
Solution
AMLTranche delivers a cloud‑based compliance platform that automates the end‑to‑end AML/CTF workflow for the listed professions. The system generates a tailored AML/CTF program and risk assessment based on the user’s business profile, then provides tools for ongoing customer due‑diligence, identity verification, and DFAT sanctions screening. All data is stored on Australian servers to satisfy AUSTRAC residency rules, and the platform includes deadline tracking to keep users aware of key compliance dates. Users can onboard and become operational within an hour, with no onboarding fees and transparent subscription pricing.
Target Audience
Primary customers are Australian real estate agencies, conveyancing firms, property development companies, buyers‑agent groups, settlement agents, and jewellery or bullion dealers that must comply with AUSTRAC AML/CTF regulations.
Features
- Automated generation of AML/CTF program and money‑laundering/terrorism financing risk assessment from business profile
- Integrated identity verification (IDV) with configurable monthly verification limits
- Built‑in DFAT sanctions screening aligned with AUSTRAC requirements
- Australian‑hosted data storage to meet residency and security mandates
- Deadline tracker that highlights critical AUSTRAC enrolment and compliance dates
- Role‑based access for multiple seats, with priority support for larger teams