Most articles about AML tech assume a mid-market buyer. For a 5-person firm, the question is different: what's the minimum tooling that produces a defensible program without consuming a partner's week every month?
The recommended stack
- Full-suite platform (e.g. easyAML or AML360) — A$0–A$199/month for the program, CDD and screening.
- Practice-management integration — usually included in the platform tier above.
- Annual training module — usually bundled.
- Independent review subscription — A$2,500/year amortised.
What to skip at this size
- Specialist screening on top of a full-suite — overkill below 50 onboardings/month.
- Custom integration projects — wait until volume justifies the cost.
- Multiple SMR templates by jurisdiction — one template, parameterised, is enough.
All-in cost: typically A$2,000–A$5,000/year. Time commitment: 4–6 hours per week from the AMLCO, mostly batched.