AML Screening Software Built for AUSTRAC Compliance

AML Screening Software Built for AUSTRAC Compliance

 

Eliminate up to 99%+ of false positives, compared with legacy name-based screening platforms.

 

VITAL4 is the AML screening platform purpose-built for AUSTRAC Tranche 1 & 2 reporting entities. Unlike LSEG World-Check, LexisNexis, Dow Jones Risk and ComplyAdvantage — which license third-party data and charge a mark-up on someone else’s information — VITAL4 collects directly from verified government sources. Eliminate up to 99%+ of false positives, compared with legacy name-based screening platforms. Transparent pricing from $500 AUD per month.

 

30 complimentary searches included · Cancel anytime

 

Start Your Free Trial – $500 AUD/month
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Why Are Compliance Teams Switching to VITAL4?

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FALSE POSITIVE REDUCTION

Stop Chasing Ghosts.

Legacy platforms — World-Check, LexisNexis, Dow Jones and ComplyAdvantage — rely on name- matching against licensed databases, generating false positive alerts that consume analyst time and mask real risk. VITAL4’s patented Contextualized Entity Extraction (US Patent No. 12,481,667 B2) ties negative context in adverse media to the specific person or organisation, not to everyone named in the article. Eliminate up to 99%+ of false positives, compared with legacy name-based screening platforms. Every alert your team reviews is worth reviewing.

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AUDITABLE DATA PROVENANCE

AUSTRAC Ready

When AUSTRAC examines your programme, they will ask where your data came from and when it was verified. Legacy vendors license data from third-party aggregators — introducing provenance gaps that are hard to explain to a regulator. VITAL4 collects PEP, Watchlist and Sanctions data directly from verified government and regulatory sources. Every result is traceable to its original authority and timestamp.

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CUT AML SOFTWARE COSTS

Pricing built on data we own

LSEG World-Check, LexisNexis, Dow Jones Risk and ComplyAdvantage charge a mark-up on data they have licensed from third parties. You are paying for their margin on someone else’s data, plus usage-point complexity, per-alias fees and mandatory annual contracts. VITAL4 owns its entire data pipeline. $500 AUD per month. Published. Transparent. No surprises.

How VITAL4 differs from the typical market approach

 

VITAL4 Typical market approach
False positives Up to 99%+ reduction in false positives compared with legacy name-based screening platforms. Name-based matching that returns every record or article sharing a name, leaving analysts to clear the noise.
Watchlist & sanctions data Vital4WLS is sourced from the issuing government body directly, not licensed from an aggregator, across thousands of primary government published sources. Most providers in this market license or re-publish aggregated third-party feeds, which puts a layer between the issuing authority and the result.
Update speed Typically seconds to low minutes from official publication for sanctions and watchlist sources. An intermediary refresh cycle sits between the authority’s publication and the screening result.
Adverse media Patented Contextualized Entity Extraction (US Patent No. 12,481,667 B2) ties negative context to the specific subject. Analysts see every article where the subject is the adverse actor, with the negative concept highlighted in the text. Keyword or name matching across the whole article, so articles that merely mention the name are returned.
Monitoring Vital4Smart Monitoring: a result your team has already remediated is not presented again unless new identifying data warrants a re-check. Static monitoring re-presents previously cleared results at every cycle.
Getting started Operational within 24 hours. Browser-based, with no API integration required. Onboarding commonly runs as an IT-led implementation measured in weeks.
Pricing $500 AUD per month for PEP, sanctions and adverse media screening: 750 searches, billed monthly, cancel anytime. 30 complimentary searches to start, no credit card required. Pricing commonly quoted on request or tied to annual or multi-year commitments.

 

 

Insights from Vital4​

The Bottom Line

 

VITAL4 is the only one with flat-rate pricing — $500 AUD per month for PEP, Sanctions and Adverse Media, 750 searches, monthly. LSEG, LexisNexis, Dow Jones and ComplyAdvantage all require a sales conversation before you see a number. VITAL4 does not. For a Tranche 1 or Tranche 2 reporting entity, VITAL4 delivers more coverage, better data quality, up to 99%+ of false positives, compared with legacy name-based screening platforms at 40–50% lower total cost.

Everything Your AUSTRAC Programme Needs.

Data-Driven Solutions

PEP Screening

Over 1.5 million Level 1 PEPs, plus millions of Level 2 and Level 3 relationships, drawn from primary government published sources worldwide. Built from official government sources and enriched by patent-pending relationship extraction from global media, so newly appointed officials and their networks can surface before official records catch up.

Learn More about Vital4 PEP Screening

Watchlist & Sanctions Screening

Vital4WLS continuously scans thousands of primary government published sources worldwide — watch lists, sanctions and exclusions — every one of them active, and every one read directly from the issuing body. Coverage includes the DFAT Consolidated List alongside UN, OFAC, EU and UK HMT/OFSI lists, with many of the world's most critical sources live within seconds of publication.

Learn More About Vital4 Watchlist & Sanctions Screening

Adverse Media Screening

You see every article where your subject is the adverse actor, with the negative concept highlighted in the text so your analyst can review it at a glance. Eliminate up to 99%+ of false positives, compared with legacy name-based screening platforms. — only genuine compliance risks surface. Included in base plan (unlike World-Check).

Learn more about Vital4 Adverse Media Screening

750 Searches per Month

Use across all three products as needed. Screen 250 clients across all three, or 750 clients against a single product. No usage-point complexity.

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Browser-Based SaaS — No IT Required

Log in, search, screen. No API integration required. No software to install. No IT project. Operational within 24 hours

Learn More About Vital4 SaaS

Full Audit Trail for AUSTRAC

Every screen logged with source, timestamp and result. Export-ready for AUSTRAC examination. Full data provenance — every result traceable to its original authority.

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Delivered in Partnership

with VERESURE

 

Veresure is an Australian integrity and compliance advisory business specialising in conduct risk and technology-driven solutions across the APAC region. Where VITAL4 provides the screening platform, Veresure helps organisations design and implement the programme that surrounds it — ensuring compliance goes beyond tick-box obligations and delivers real
outcomes for AUSTRAC reporting entities.

Guy Underwood, Veresure: Former Head of AML and Financial Crimes at Bank of Queensland with over 30 years industry experience in compliance, governance and risk management. Has worked extensively with financial institutions in meeting their regulatory and compliance obligations, as well as providing risk related advice to Boards and Business Owners of organisations of all sizes across all sectors.

 

LEARN MORE ABOUT VERESURE

Ready to Replace Your Current AML Platform?

Operational within 24 hours.

 

$500 AUD/month

 

 

✓ PEP Screening   ✓ Sanctions & Watchlists   ✓ Adverse Media   ✓ 750 Searches/month   ✓ 30 Free Searches to Start   ✓ Full Audit Trail

 

 

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Book a 30-minute Onboarding Call

 

Group onboarding calls run every two weeks. Register above and we’ll send you the next available session. Supported by Veresure for Australian clients.