Built for the Firms AUSTRAC Tranche 2 Was Written For
There’s a gap between having an AML/CTF policy document and having a system that runs it every day. ComplyHub closes that gap.
Why ComplyHub Exists
Vijay Bhaskar, Founder of Sophtimize Consultancy Services, built ComplyHub after identifying a critical gap in the Australian accounting market. With AUSTRAC’s Tranche 2 deadline forcing thousands of accounting firms into AML/CTF compliance, the tools available were either too basic, too expensive, or entirely missing the operational layer that generates actual proof.
ComplyHub was built to bridge that gap — automating the Part B execution so firms and their AML consultants can focus on the judgment-led Part A work that requires human expertise.
Our Mission
"ComplyHub exists to make AUSTRAC compliance operational — not just documented. When AUSTRAC asks under Section 167 or 172A, the firm shows the program. ComplyHub shows the evidence, instantly."
Who Owns What
The firm leads on judgment. ComplyHub leads on execution. Both sides documented, every time.
Firm + AML Consultant Owns
Part A – Strategic, judgment-led
- ML/TF risk assessment
- Governance and oversight
- Board and senior approval
- AML compliance officer
- Employee due diligence
- Training program
- Independent review
- Documented policies
ComplyHub Runs
Part B – Operational, data-led
- Customer identification
- IDV and biometric checks
- PEP and sanctions screening
- Risk scoring engine
- Ongoing CDD triggers
- Re-verification workflows
- Immutable audit trail
- SMR drafting assistant
What Makes ComplyHub Different
ComplyHub Runs Part B — Not Part A
Your firm and AML consultant own the judgment. ComplyHub automates the execution and generates tamper-proof proof of every decision made.
Minimised Data by Design
ComplyHub holds outcomes and reference IDs, not raw PII. Biometric data stays with Stripe. Screening match details stay with ComplyAdvantage.
Built on AWS Sydney
All data lives in ap-southeast-2 for AUSTRAC data residency compliance. 7-year retention on an append-only hash-chained audit log.
Sized for SME Economics
~$3.50–$4.00 tech cost per client onboarded. At $279/month subscription for ~5 clients/month, gross margin remains 90%+ on the compliance pillar.
See the Platform in Action
Book a 30-minute demo and see how ComplyHub automates your entire Tranche 2 compliance workflow.