A smarter way to onboard.
Mobilise around a delightful onboarding process, get more from your Partners and confidently protect against reputational risk.
Millions of clients are verified faster through 1000s of companies with First AML.
Integrity, Excellence And On-Charging.
You've spent years building your firm's excellent reputation and understand that it's built on more than just legal work. First AML is the compliance partner you need to support your firm's desire to always do the right thing while delivering exceptional service.
Exceptionally easy
First AML provides an exceptionally easy way to complete your KYC / KYB requirements. For your team it offers intuitive, easy to use request and approval functionality. While for your clients it provides a superior customer experience, leaving them feeling positive about your firm and the process.
Learn more about Source by First AML
Ongoing Monitoring
Always up-to-date and accurate.
Ongoing monitoring
Source by First AML delivers effortless ongoing monitoring, delivering auto alerts to fundamental changes like beneficial ownership or document expiry.
PEPs, sanctions and adverse media
Real-time monitoring of over 1,100 PEPs and Sanctions lists worldwide with results delivered via exception-based reports.
Made for humans
Unlike other KYC / KYB solutions, First AML was designed, from the outset, for easy compliance. Our founders worked in the compliance world and that deep understanding drives our platform today. First AML:
- Solve for the complex
We've solved the pain of international, complex entities. - User experience first
Quick, simple and easy. First AML removes KYC friction and delivers exceptional experiences for clients and staff alike.
Onboard clients faster with First AML.
AML for every role.
A centralised AML platform for the entire firm.
AMLCOs
AML is crucial, but inefficient processes frustrate authors, partners and clients alike. Source by First AML offers:
Automated AML workflows
Behind-the-scenes automation handles core tasks like ID verification, watch list screening and document management. No more repetitive, manual processes.
Practice -tailored
Custom configurations match each practice area's unique risk profile for right-sized due diligence - no over- or under-doing it.
Seamless integration
Source connects directly with systems like Actionstep and Elite 3E. No switching platforms or re-entering data. And front line staff can stay in their own systems while you get what you need.
Prioritised workloads
Personalised, at-a-glance home screens highlight your next critical steps and surfaces the cases ready for action.
Ready-to-go audit trails and DIA reports
Robust audit trails document all activities, giving you confidence while avoiding the dreaded audit process. DIA-ready reports also make reporting season a breeze with single-click results.
Partners
Enhance both the client experience and your profitability potential. Source by First AML is a purpose-built compliance solution that drives efficiency:
- Frictionless onboarding: Automated workflows provide a seamless, digitised intake for faster revenue realisation.
- Integrated to your PMS: Conduct AML within the PMS world you know and love.
- Tailored risk procedures: Configurable due diligence levels align to each client's specific risk profile for efficiency.
- Partner productivity: Guided processes and automated tasks maximise billable time for client matters.
- Visibility, control and on-charging: Real-time oversight and cost allocation for managing compliance across all matters, practices and clients.
Practise Managers
Streamline AML compliance across all practices with automated workflows, operational oversight, and powerful integration capabilities tailored specifically for the New Zealand legal sector:
- Comprehensive client screening: Automated identity verification, watchlist screening, and negative news searches on all client onboardings.
- Matter-specific risk assessments: Risk rate each client engagement based on factors such as services rendered, geographies, and involved parties.
- Detailed audit trails: Complete documentation trails evidencing your firm's compliance efforts for DIA scrutiny.
- Compliance guardrails and staff accountability: Automated workflows enforce adherence to your firm's AML policies and procedures
Operations
Achieve operational excellence in your firm. Remove AML bottlenecks that diminish productivity and frustrate staff and clients alike:
- Automated workflows: Behind-the-scenes automation of core tasks such as ID verification, watch list screening and document collection and interpretation.
- Practice-specific configurations: Tailor due diligence procedures to each practice area's risk profile for maximum efficiency.
- System integration: Integrate with leading PMS including Actionstep and Elite 3E to remove double entry or context switching.
- Intelligent work prioritisation: Embedded domain expertise prioritises and highlights next steps as well as cases ready to be actioned.
- Comprehensive audit trails: Extensive documentation satisfies the DIA while avoiding costly collation time.
Integrates with your PMS.
First AML integrates with Actionstep utilising a low code, Power Automate integration from Verlata. This integration offers high levels of customisation allowing you to make it your own and fit your practice’s unique workflows.
The First AML and Actionstep integration ensures a seamless onboarding with no double handling.
First AML integrates with 3E utilising the native 3E API. This integration offers the perfect blend of flexibility, resilience, and speed, helping you focus on what matters most, serving your clients.
Capture all your client, matter and related party information through a Microsoft Power App which is embedded into the 3E dashboard.
KYC and KYB guidance for law and conveyancing firms.
70% of lawyers have money laundering fears over Russian dark funds
4 Red Flags for Law Firms
Law firms are often targeted by money launderers because of the position of trust they hold in society.
Exposing UBOs: A comprehensive guide to AML compliance for complex entities
You’ve just had a request land on your desk to onboard a family office based in the British Virgin Islands, a known tax haven. Where do you begin?
4 Ways to Make AML Easier for Small & Medium Sized Law Firms
Tailored for small and medium law firms, our Chief Revenue Officer discusses compliance and technology nd shares practical advice on how law firms can meet their AML obligations. Watch here.
8 common struggles with Source of Funds and Source of Wealth
Source of Wealth and Source of Funds are often used interchangeably but they don't mean the same thing. Find out the key differences and impacts.
Customers love First AML.
"First AML is extremely easy to use. Great support from the team too!"
Nicole Brooke-Cowden
Pattersen Hopkins
"I really appreciate how efficient and easy-to-use the First AML platform is."
Kirsten Foote
WRMK Lawyers
"First AML has provided the discipline that we needed to get our policies and procedures for AML in place."
Martin Fine
Martin Fine Business Law Limited