AML Screening Software Built for AUSTRAC Compliance

AML Screening Software Built for AUSTRAC Compliance

 

Eliminate up to 100% of False Positives. Switch Off Legacy 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 100% of false positives. Reduced regulatory risk. Transparent pricing from $500 AUD per month.

 

30 complimentary searches included · No credit card required · 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 Agentic AI reads result content to ensure accuracy, eliminating up to 100% of false positives. Every alert your team reviews is worth reviewing.

%
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.

$
CUT AML SOFTWARE COSTS

Real-Time Monitoring That Works While You Sleep

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.

Transparent Pricing. Better Value. 

VITAL4 vs LSEG World-Check, LexisNexis World Compliance, Dow Jones Risk & Compliance, and ComplyAdvantage

 

VITAL4 LSEG World-Check One LexisNexis World Compliance LexisNexis World Compliance ComplyAdvantage
Monthly Price (AUD) $500 AUD
Published. No surprises.		 ~$580 AUD
Billed quarterly upfront		 Contact sales
Enterprise quotes only		 Contact sales
Enterprise quotes only		 Usage-based
Scales with entity volume
Billing Commitment ✓ Monthly
Cancel anytime		 ✗ 12-month contract ✗ Annual contract ✗ Annual enterprise ✗ Annual plan required
False Positive ✓ Up to 100%
eliminated by patented AI		 ✗ High — name-match based ✗ High — name-match based ✗ High — name-match based Reduced — not eliminated
Adverse Media Included ✓ Included in base plan ✗ Separate charge Add-on available ✓ Enterprise tier ✓ Included
PEP Screening ✓ 4M+ profiles ✓ Included ✓ Included ✓ Included ✓ Included
Data Source ✓ Direct from government & verified sources Licensed third parties Licensed third parties Licensed third parties Third-party & proprietary
Price Model ✓ Flat published rate Usage points + per-alias fees Custom quote, opaque Per-seat, custom quote Per-entity + platform fee
Suitable for SME & Mid-Market Firms ✓ Purpose-built for this segment SME tier — limited features ✗ Enterprise focus ✗ Enterprise only Partial — cost scales quickly
Setup Time ✓ Operational same day Weeks Weeks–months Months Days–weeks
Free Trial ✓ 30 free searches — no card required Limited trial ✗ Demo only ✗ Demo only ✗ Demo only

 

 

Insights from Vital4​

The Bottom Line

 

Of the five platforms in this comparison, VITAL4 is the only one with published, 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 100% false positive elimination and 40–50% lower total cost.

Everything Your AUSTRAC Programme Needs.

Data-Driven Solutions

PEP Screening

4M+ Politically Exposed Person profiles across 240+ countries. Includes family members and close associates. Collected directly from government sources.

Learn More about Vital4 PEP Screening

Watchlist & Sanctions Screening

Legacy platforms — World-Check, LexisNexis, Dow Jones and ComplyAdvantage — rely on name- matching against licensed databases, generating false positive alerts that

Learn More About Vital4 Watchlist & Sanctions Screening

Adverse Media Screening

AI-powered global news screening filtered for financial crime nexus. Up to 100% false positive elimination — 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.

Learn More

Browser-Based SaaS — No IT Required

Log in, search, screen. No API integration. No software to install. No IT project. Your team is operational within 24 hours of sign-up.

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.

Learn More

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?

Start in 24 hours.

 

$500 AUD/month

 

 

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

 

 

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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.