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. Deep AUSTRAC examination experience. Helping Australian businesses navigate Tranche 1 and Tranche 2 obligations from the first day the expanded requirements took effect.

 

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.