Full breakdown of the Top 15 AML tools in the market for lawyers and accountants with SWOT analysis and more.

This list includes end to end KYC/KYB solutions, Client Onboarding, Practice Management and Data Aggregator tools. All of which are used alone or in different combinations to onboard clients and fulfil regulatory obligations.

We also have a RegTech directory that you can use to browse through dozens of tools based on features, functionality, target markets and a lot more.

Top 15 AML Tools for Professional Firms

Market Map

Feature Table

Name	Country	KYB	Questionnaires	Risk Assessments	Screening	KYC	SoW SoF	Reporting	eSignatures	Payments
Thirdfort	UK	✔️	✔️	❌	✔️	✔️	✔️	✔️	❌	❌
Credas	UK	UK*	✔️	❌	✔️	✔️	✔️	✔️	✔️	❌
Amiqus	Scotland, UK	✔️	✔️	✔️	✔️	✔️	✔️	✔️	❌	❌
Xapien	Global	✔️	❌	❌	✔️	❌	✔️	✔️	❌	❌
Creditsafe	Global	✔️	❌	❌	✔️	✔️	✔️	✔️	❌	❌
Verify 365	UK (Midlands)	✔️	✔️	❌	✔️	✔️	✔️	❌	✔️	✔️
First AML	Global	✔️	✔️	✔️	✔️	✔️	❌	✔️	❌	❌
Legl	UK	✔️	✔️	❌	✔️	✔️	✔️	✔️	✔️	✔️
InfoTrack	Global	✔️	❌	❌	✔️	✔️	❌	✔️	✔️	✔️
APLYiD	Global	✔️	✔️	❌	✔️	✔️	❌	❌	❌	❌
NorthRow	Global	✔️	❌	❌	✔️	✔️	❌	✔️	❌	❌
Armalytix	UK	❌	✔️	❌	❌	❌	✔️	✔️	❌	❌
Validient	UK	UK*	✔️	✔️	✔️	✔️	✔️	✔️	❌	❌
Xama	UK	UK*	❌	✔️	✔️	✔️	❌	❌	❌	❌
Minerva	UK	❌	✔️	❌	✔️	✔️	✔️	✔️	❌	✔️

APLYiD Overview

Description

APLYiD is a KYC aggregator with a managed service, catering to a wide range of industries globally.

Features

• KYC (EID&V + POA)
• Managed Service
• Property Checks
• Screening

Strengths

• Only charges upon completion, with free customer support
• Outsourced team available for end-to-end AML onboarding
• High-quality EID&V flow.

Weaknesses

• More expensive compared to other competitors
• Limited to EID&V; lacks broader AML onboarding features like Source of Funds (SoF), risk assessments, e-signatures
• KYB functionality is in development

Thirdfort Overview

Description

Thirdfort is a UK based platform specialising particularly in KYC, and catering to the legal and property markets.

Key features:

• Document Verification,
• KYB, KYC (EID&V + POA)
• NFC Chip
• Ongoing Monitoring
• Screening
• Source of Fund

Strengths

• Only charge on completion
• Great EID&V (Electronic Identification & Verification)
• Flexible pricing (PAYG)
• Strong Source of Funds and Source of Wealth verification
• NFC chip integration is particularly effective for the property market

Weaknesses

• No payment processing capability
• No white-labeled app or browser links
• Limited KYB capabilities, especially for complex entities
• Lacks risk assessments, e-signatures, and remediation capabilities for false positives

Xapien Overview

Description

Description

Xapien is provides AI-powered due diligence reports, conducting in-depth KYB, UBO, and AML checks.

Features

• Adverse Media
• AI Generated
• Reports KYB
• Reputation
• Screening
• Source of Wealth

Strengths

• Extremely user-friendly, as it performs due diligence rather than just providing tools
• Produces detailed reports on companies and individuals, including their histories and related media
• Excellent for initial due diligence in both AML and non-AML contexts

Weaknesses

• Limited in client onboarding and comprehensive AML workflows
• Not an end-to-end onboarding tool, requiring data migration to other platforms for full due diligence
• Lack of features like IDV, SoF, E-signatures, and Client Risk Assessments

Credas Overview

Description

Credas, well known for its ID verification is also a client onboarding platform catering to professional and property firms.

Features

• KYC (EID&V + POA)
• NFC Chip
• Document Verification
• eSignatures Forms
• KYB
• Ongoing Monitoring
• Screening
• Source of Funds

Strengths

• Comprehensive for property and individual onboardings
• Integrates well with SaaS platforms, enhancing flexibility and usability
• Focuses on mobile biometrics and NFC for secure client verification

Weaknesses

• No risk assessments or payment integrations
• KYB product is still in development
• Not good for complex b2b work

Amiqus Overview

Description

Amiqus is a client and employee onboarding platform based out of Scotland, catering to a wide range of industries.

Features

• KYC (EID&V + POA)
• KYB
• NFC Chip
• Screening
• Ongoing Monitoring
• Right To Work
• Risk Assessments
• Source of Funds

Strengths

• Wide range of individual checks, including screening, right-to-work, and DBS
• User-friendly, customisable and very easy to use
• Offers both NFC settings/app and browser-based solutions
• Comprehensive platform; has everything from employee checks to KYC/KYB and Risk Assessment

Weaknesses

• KYB is limited to the UK and isn’t as comprehensive as other solutions
• No payment solutions available
• Data flow between modules isn’t seamless
• Lacks bulk remediation or KYC actions
• More suited for private client or employee vetting rather than complex B2B or international work

CreditSafe Overview

Description

Creditsafe is a KYB data aggregator, well known for its credit and financial data on companies.

Features

• Credit Checks
• KYB
• KYC (EID&V + POA)
• Screening
• Ongoing Monitoring
• Financial Data

Strengths

• Good for credit, financial and general company checks
• Detailed financial reports and payment information.
• Good for monitoring of shareholder changes.

Weaknesses

• The platform is more for general company information than AML
• The KYB list is confusing, doesn’t provide percentages or structure chart.
• Very limited compared to D&B, Red Flag and other tools which have far broader AML functionalities.

Verify 365 Overview

Description

Verify 365 is a client onboarding tool designed for SME law firms in the UK.

Features

• KYB
• KYC (EID&V + POA)
• NFC chip
• Ongoing Monitoring
• Payments
• Source of Funds
• eSignatures

Strengths

• Comprehensive onboarding offering with multiple compliance tools.
• Easy-to-use platform with affordable pricing.
• Well-suited for small and mid-sized law firms​

Weaknesses

• Struggles with complex international compliance cases.
• Feels relatively lightweight compared to larger competitors in terms of depth.
• Less integration between modules than some competitors​

First AML Overview

Description

First AML is a client onboarding platform tailor made for law and financial service firms.

Features

• KYC
• KYB
• Bulk actions
• Risk Assessments
• Risk Scoring
• Ongoing Monitoring
• Screening
• Manifest

Strengths

• Comprehensive, easy to use and super slick
• Excellent KYB Unwrap and bulk KYC/Screening actions, making due diligence a breeze
• Strong international coverage and highly customisable with numerous settings and workflow automations for different offices/practice areas.

Weaknesses

• As a new platform, some features are still in development, such as the questionnaire functionality
• Lacks Source of Funds/Source of Wealth (SoF/SoW) capabilities, necessitating the use of third-party solutions like Armalytix.
• Limited to AML functions without broader client onboarding features such as e-signatures or payment

Legl Overview

Description

Legl is a payment and client onboarding platform tailor made for law firms in the UK.

Features

• KYB
• KYC
• NFC Chip
• Ongoing Monitoring
• Screening
• Payments
• Source of Funds
• Automatic Follow-Ups
• eSignatures

Strengths

• Relatively easy-to-use
• Comprehensive, has everything you might need and is PAYG so no upfront costs.
• The payment and SoF piece are pretty good.
• The workflow automation per practice area and ability to get your term of engagement signed and deposit collected in one flow is very strong

Weaknesses

• The platform was not built for AML, evident by lack of proper Screening/Ongoing Monitoring module – there is no remediation capabilities – they just provide a pdf from ComplyAdvantage
• The KYB module is disjointed and just a window shop into Creditsafe or whoever they are using for KYB – it is very frustrating to use and there is no case file for businesses, you can only have case files for contacts.
• No Risk Assessment, risk scores or deep AML functionalities.
• Not ideal for complex cases such as trusts or international companies
• Glassdoor reviews are extremely concerning, unusually high staff turnover

InfoTrack Overview

Description

InfoTrack offers KYC and EID&V services with a focus on property-related searches and conveyancing solutions.

Features

• KYC
• NFC Chip
• Screening
• Ongoing Monitoring
• Property Checks
• Document Verification

Strengths

• Excellent for property-related searches
• Integrates with Leap, making it ideal for conveyancing firms
• Utilises NFC technology for EID&V

Weaknesses

• User reviews often highlight concerns with UI/UX, unreliable results and searches taking very long time
• Extremely limited functionalities for broader AML  and client onboarding purposes.
• Integrates exclusively with Leap

NorthRow Overview

Description

NorthRow is a UK-based RegTech offering a comprehensive, customisable, end-to-end AML, KYC, and KYB solution.

Features

• KYB
• KYC
• Credit Checks
• Document Verification
• Screening
• Ongoing Monitoring
• Risk Scoring

Strengths

• Comprehensive end-to-end AML KYC/KYB offering
• Highly customisable platform with deep functionality
• Multiple sources for KYB data, providing extensive coverage from UBO to credit checks

Weaknesses

• UX/UI needs improvement
• Data doesn’t flow from KYB to KYC automatically, requiring manual input
• Lacks CRAs (Customer Risk Assessments) and dynamic questionnaires

Armalytix Overview

Description

Armalytix specialises in conducting Source of Funds and Source of Wealth investigations on behalf of law firms.

Features

• Source of Funds
• Source of Wealth

Strengths

• Regulated entity with direct integration access to banks.
• Leading solution for automating SoF and SoW checks and investigations.
• Integrates seamlessly with Minerva and First AML.

Weaknesses

• Focuses purely on SoF, will require additional tools for broader compliance and onboarding.

Validient Overview

Description

Validient is a client onboarding platform tailor made for SME and Mid Market law firms in the UK.

Features

• KYB
• KYC
• Screening
• Ongoing Monitoring
• Questionnaires
• Risk Assessments
• Source of Funds

Strengths

• Comprehensive end-to-end client onboarding
• Strong risk assessment and customisable workflows
• Easy to use and has a questionnaire feature that integrates into Risk Assessments

Weaknesses

• UI/UX needs to be more polished and slick.
• Limited KYB coverage to the UK market; data flow across KYB/KYC could improve.
• Lacks advanced adverse media and false positive remediation capabilities

Xama Overview

Description

Xama is an end to end AML tool for SME Accountants and other professional firms in the UK.

Features

• UK KYB
• KYC
• Screening
• Ongoing Monitoring
• Risk Assessments
• Training academy
• Tons of direct integrations

Strengths

• Free to sign up and easy to use.
• Comprehensive educational resources, including tutorials and a hub for users.
• Extensive direct API integrations with platforms such as HubSpot, Sage, Xero, and others.

Weaknesses

• KYB is limited to the UK and not as comprehensive as competitor offerings.
• Lacks bulk remediation options or KYC send-outs.
• Does not support dynamic questionnaires, limiting customization for complex client onboarding needs.
• Limited functionality for handling large-scale B2B compliance work.

Minerva Overview

Description

Minerva was designed for property law firms. It offers tools for ID verification, ongoing due diligence, and open banking.

Features

• KYC
• Screening
• Quote Management
• Questionnaires
• Payments
• Source of Funds

Strengths

• Free to sign up and easy to use.
• Comprehensive educational resources, including tutorials and a hub for users.
• Extensive direct API integrations with platforms such as HubSpot, Sage, Xero, and others.

Weaknesses

• KYB is limited to the UK and not as comprehensive as competitor offerings.
• Lacks bulk remediation options or KYC send-outs.
• Does not support dynamic questionnaires, limiting customization for complex client onboarding needs.
• Limited functionality for handling large-scale B2B compliance work.

Conclusion and final statement

While you are here, check out Aventine Lab’s RegTech Directory

If you represent one of the above tools and you’d like something to be amended then please reach out to arsalan@aventinelab.com and we’ll get this sorted out.

Fill out the below for a slick PDF copy of this report.