AML and CTF compliance software for Tranche 2

AML SoftServe · RegTech

The business said

Small firms do not need a compliance consultancy. They need guided AUSTRAC Tranche 2 workflows they can run themselves, in a browser.

A cloud AML and CTF compliance platform, built in Next.js and React

From 1 July 2026, Australia's Tranche 2 AML and CTF reforms pull a new wave of professional firms into the AUSTRAC regime: real estate agents, accountants, lawyers, conveyancers, precious metals dealers, and trust and company service providers. Most have never run an anti-money laundering program, have no compliance officer, and cannot afford a consultancy to build one. The obligations are real and dated. The capacity to meet them is not.

AML SoftServe is the cloud compliance software that closes that gap. We built it as a modern web application in React, Next.js, and TypeScript, delivered as a multi-tenant SaaS, so a small firm can stand up an AUSTRAC-aligned program in a day rather than a quarter. Step-by-step guided workflows walk a user through customer due diligence, KYC and KYB checks, risk assessment, and ongoing monitoring, with the regulatory logic encoded in the product instead of in a binder.

The application turns a compliance officer's manual checklist into software: real-time compliance dashboards, automated red-flagging of high-risk scenarios, exception-based reporting, and AI-assisted AUSTRAC reporting that drafts suspicious matter and threshold transaction reports for review. Client records are retained securely under the Australian Privacy Act, and every action is logged for audit.

Because the whole program lives in one guided web app rather than a consulting engagement, a firm meets its Tranche 2 obligations at roughly seventy percent below the cost of traditional advisory, from a $1,250 setup or $90 a month. Compliance that used to demand a law degree and a budget now runs from a browser tab.

AML and CTF compliance dashboard for AUSTRAC Tranche 2 reporting