From onboarding to ongoing monitoring and reporting, every feature is aligned to Australian AML/CTF Act obligations. Designed for Tranche 2 regulatory requirements from 2026 onward.
Navigate the complexities of AUSTRAC compliance with a guided, automated workflow designed for growing businesses.
Answer plain English questions about your business, customers and services. No legal jargon, just clear inputs for a comprehensive profile.
Your AML/CTF program and risk assessment are built from your answers, fully AUSTRAC aligned and tailored to your specific operational risks.
Built in identity verification (KYC/KYB), PEP and sanctions screening at point of onboarding. Fast, secure, and integrated directly into your workflow.
Automatic reminders, case management, and risk re assessment over time. We handle the heavy lifting of keeping your data fresh and relevant.
Every action logged in a 7-year audit trail, ready for AUSTRAC reporting. Sleep better knowing your compliance history is immutable and organized.
Most professional services firms don't have a compliance team, a playbook, or the time to build one from scratch.
Tranche 2 brings accountants, lawyers, conveyancers, and real estate agents under AUSTRAC for the first time. Most firms have no internal compliance team and no template to follow.
Risk templates from one provider, a verification tool from another, training somewhere else, and a consultant on retainer to glue it together. The cost adds up, and so does the risk.
Spreadsheets, email threads, and PDFs collapse the moment AUSTRAC asks for a 7-year audit trail. Firms need defensible records without the operational drag.
One platform, every obligation. Stop stitching together templates, screening tools, training portals, and spreadsheets. ClearTrace covers every core obligation in a single guided workflow.
A guided questionnaire tailored to your profession produces a defensible, AUSTRAC aligned risk assessment.
Generate a customised Part A & Part B program in minutes, with policies that match your services and clients.
KYC and KYB onboarding workflows with PEP and sanctions screening built in, no separate vendor required.
Re screen clients on a schedule, manage alerts as cases, and capture every decision in one trail.
Bite sized modules tailored to compliance officers, senior managers, and team members, with completion tracking.
AUSTRAC reporting tools and a tamper evident record of every check, decision, and document.
ClearTrace adapts its risk assessment, program, and CDD workflows to the designated services you actually provide.
Public practice accountants, bookkeepers and tax agents providing services like company formation, trust setup, payroll administration, or acting as a nominee become reporting entities under Tranche 2.
Relevant designated servicesSolicitors and conveyancers handling property transfers, client trust money or entity structuring fall within the designated services captured by Tranche 2.
Relevant designated servicesAgencies brokering the sale, purchase or transfer of real estate become reporting entities, with obligations triggered at the point of acting for a buyer or seller.
Relevant designated servicesSee how ClearTrace compares to the alternatives most firms consider.
| Feature | ClearTrace | DIY / Starter Kits | Consultants | Generic RegTech |
|---|---|---|---|---|
| Tranche 2 specialisation | ✓ | Partial | Partial | ✗ |
| Transparent pricing | ✓ | Partial | ✗ | Partial |
| All in one (risk, program, CDD, training, reporting) | ✓ | ✗ | Partial | Partial |
| Australian based support | ✓ | ✗ | ✓ | Partial |
| Ease of use for non compliance staff | ✓ | Partial | ✗ | Partial |
Three commitments that shape every part of ClearTrace, from the methodology in the platform to the people behind it.
Tranche 2 brought thousands of Australian accountants, lawyers, conveyancers and real estate agents into a regulatory regime they've never had to operate in before. ClearTrace exists to make that obligation clear, manageable, and genuinely achievable, without forcing a small practice to build an internal compliance team from scratch.
ClearTrace isn't a generic RegTech product retrofitted from banking software. It's built and overseen by qualified accountants, auditors and information security specialists who understand Australian professional services from the inside.
ClearTrace is built around a structured, risk based methodology aligned to AUSTRAC's guidance: assess risk, document the program, verify and onboard clients, monitor on an ongoing basis, and keep audit ready records, the same disciplined process AccSource has applied to client compliance work for years, now built into software.
ClearTrace is built by AccSource, an Australian accounting and compliance practice that has spent 18+ years helping businesses navigate financial regulation, audit, and risk. When Tranche 2 brought AML/CTF obligations to professions that had never faced them before, AccSource's own compliance and security specialists set out to build the tool they wished existed, ClearTrace is the result.
Book a tailored demonstration and see how ClearTrace operationalises AML/CTF compliance for your firm, from onboarding to audit readiness.
Practical guidance from AccSource's compliance team. No spam.