AMLForms vs Eastnets SafeWatch AML
AMLForms
amlforms.com
Eastnets SafeWatch AML
eastnets.comSide by side
| Figure | AMLForms | Eastnets SafeWatch AML |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 0 | 0 |
| Spec score · Financial Crime Compliance Software | 7.4 (#13) | 7.6 (#10) |
| Spec score · AML Compliance Software | 7.4 (#13) | 7.5 (#11) |
| Intended users | The maker describes AMLForms as designed for regulated organizations including financial institutions, fintechs, leasing companies, and compliance-led teams. | Eastnets describes SafeWatch AML as part of its compliance suite for financial institutions. |
| Monitoring | Transaction monitoring uses configurable rules and risk context to surface unusual activity and route alerts into case workflows. | It supports online real-time transaction monitoring and offline analysis of historical transaction data. |
| Pricing availability | The pages opened direct visitors to book a personalized demo and did not state plan prices. | The product page invites prospective customers to request a demo and consult an AML compliance specialist; it does not state a price. |
| Purpose | AMLForms brings onboarding, screening, verification, risk assessment, and ongoing monitoring into one AML compliance process. | SafeWatch AML uses real-time behavioural analytics and AI-driven insights to detect, investigate, and reduce financial crime. |
| Security | AMLForms states that sensitive data is encrypted in transit and at rest and protected with role-based access controls and multi-factor authentication. | Eastnets says it achieved ISO/IEC 27001 re-certification for a third consecutive three-year cycle and aligned its systems and practices with the latest version of the standard. |
In their own words
AMLForms
AMLForms is a cloud AML compliance platform for onboarding, screening, verification, risk assessment, and ongoing monitoring. Its digital KYC forms use templates and conditional questions, letting clients complete forms and upload documents from any device. A no-code builder supports required fields, approvals, reviews, file uploads, and in-form or integrated e-signatures. Screening covers sanctions, politically exposed persons, and adverse media across more than 1,200 stated data sources. Checks include government IDs, biometric likeness and liveness, business verification, beneficial ownership information, and credit checks. Configurable transaction rules and risk context surface unusual activity, trigger alerts, and create cases for auditable investigations. Teams can export client files and histories. AMLForms says it is built for Canadian reporting entities and aligns with FINTRAC guidance. It describes encryption, role-based permissions, configurable retention, and SOC 2 Type II accreditation.
Eastnets SafeWatch AML
Eastnets SafeWatch AML is a web-based compliance product for financial institutions that monitors transactions and supports financial-crime investigations. It analyses transactions online in real time and examines historical transaction data offline. Unsupervised AI models assess account behaviour, surface anomalous activity, and generate alerts intended to reduce false positives. Dynamic risk scores for customers, accounts, and transactions help prioritise alerts. Users can select preconfigured AML scenarios or build rules with the Rule Builder and Library. Network analytics add relationship context that transaction-level monitoring may miss, and configurable workflows can reflect an organisation’s investigation processes. A built-in goAML module formats and submits reports according to United Nations standards. The modular system centralises transaction data from institutional sources in a dashboard and can expand as needs change. Eastnets says it supports FATF frameworks, EU Anti-Money Laundering Directives, and OFAC requirements. Onboarding includes integration, scenario configuration, and training, with ongoing regulatory updates and model recalibrations. Pricing is on request; the product page invites customers to request a demo.