The best AML software vendors in the US (10 companies compared)

If you’ve clicked on this article, you’re likely interested in finding out:

• Which anti-money laundering (AML) vendors best serve the US financial services industry.
• A quick comparison of the top available solutions.
• A list of features to prioritise during the RFP process. 

7 key features to look for when choosing an AML software vendor

When evaluating AML software providers, it’s important to focus on capabilities that meet current compliance requirements and scale with your business as regulations evolve. Some of the most essential features to consider include:

• Jurisdiction-specific compliance flexibility
  Your AML software should offer the flexibility to tailor rules, risk models, and alert thresholds to meet the regulatory requirements of the markets you operate in. For US firms, that means meeting regulations like the Bank Secrecy Act and the 50 Percent Rule. If you’re operating across borders, your platform should also be able to easily adapt to each jurisdiction’s compliance obligations without time-intensive customizations.
• Seamless integration and low implementation overhead
  Look for AML software that integrates easily with your existing systems through APIs. Minimal downtime and fast onboarding are critical to maintaining operational continuity.
• Strong aftercare and ongoing customer support
  Post-deployment support is just as important as the product itself. Choose a vendor that offers dedicated account management, training resources, sandbox environments, regular product updates, and access to compliance experts who can assist as regulations change.
• Advanced AI and machine learning capabilities
  Your AML solution should leverage artificial intelligence (AI) to more effectively and efficiently detect suspicious behavior, reduce false positives, and adapt to new typologies. Specifically, you should look for solutions with AI capabilities that can be configured to align with your organization’s broader AI strategy, whether that means custom model tuning or integration with in-house analytics.
• Proprietary technology and risk data
  Vendors that own and maintain their proprietary risk data, such as sanctions lists, politically exposed persons (PEPs), and adverse media, can deliver more accurate and timely updates. By avoiding data silos, they enable better integration and make it easier to identify connections and patterns across different risk indicators, improving overall compliance effectiveness.
• Scalability and future-proofing
  As your business grows – whether through new markets, product lines, or customer segments – your AML solution should be able to scale accordingly. Cloud-native platforms with modular architecture tend to be more adaptable to growth, regulatory changes, or market shifts.
• Auditability and regulatory reporting tools
  Ensure the platform can generate audit trails, suspicious activity report (SAR)/ suspicious transaction report (STR) filings, and compliance reports in formats accepted by local regulators. Built-in reporting capabilities save time, reduce risk, and support a defensible compliance posture.

Top AML software vendors in the US

1. ComplyAdvantage

Why ComplyAdvantage is the best AML solution in 2025

ComplyAdvantage is the AI-driven AML solution of choice for leading banks, FinTechs, and payment firms across the US. Our proprietary Mesh platform delivers a unified, 360-degree view of financial crime risk, combining real-time screening, dynamic risk signals, and industry-leading AML intelligence. 

What sets us apart? Our solutions are fueled by our proprietary risk database to give you the insights you need to mitigate financial crime, meet regulatory obligations, and scale your business all in one centralized platform. 

With ComplyAdvantage Mesh, you eliminate siloed systems and clunky interfaces in favor of a unified solution that boosts operational efficiency, enhances compliance effectiveness, and supports growth across the US and international markets.

“ComplyAdvantage has saved our analysts about fifty percent of the time they previously spent on transaction monitoring. The system has helped us dramatically reduce our false positives, and has also given us the ability to adjust rules in real-time to fit what we need.”  

Connor McNulty, Vice President of Legal and Chief Compliance Officer, PayNearMe

But don’t just take our word for it. Check out our G2 reviews and Chartis rankings.

Meeting US AML obligations with ComplyAdvantage

Our AI-driven platform and dedicated compliance teams ensure you meet stringent regulatory obligations and mitigate financial crime risks. Here’s how we help US firms comply with key regulations:

• Bank Secrecy Act (BSA) & USA PATRIOT Act: These foundational laws require financial institutions (FIs) to implement robust AML programs, including customer identification, record-keeping, and suspicious activity reporting (SARs). We provide comprehensive customer due diligence (CDD) and enhanced due diligence (EDD) tools, real-time transaction monitoring, and a full audit trail for all compliance activities, simplifying SAR generation and record management.
• OFAC sanctions: The Office of Foreign Assets Control (OFAC) administers US sanctions programs, prohibiting transactions with designated individuals, entities, and countries. Our cutting-edge sanctions screening and monitoring solutions leverage an extensive, constantly updated global database, ensuring real-time detection of sanctioned entities and minimizing false positives.
• NY DFS 504: The New York State Department of Financial Services (NY DFS) Part 504 mandates that regulated institutions maintain robust transaction monitoring and filtering programs and maintain an annual certification of compliance. We offer advanced transaction monitoring capabilities with customizable rules and scenarios, coupled with sanctions screening, to help firms meet these specific requirements and support their annual certification process.
• FinCEN’s expanded AML/CFT regulations for investment advisers: With a January 1, 2026, deadline, FinCEN now requires certain SEC-registered (RIAs) and exempt reporting advisers (ERAs), including foreign-located advisers with US connections, to establish comprehensive, risk-based AML/CFT programs. Our platform directly addresses these new mandates by supporting robust know your customer (KYC), CDD, ongoing monitoring, and SAR filing capabilities, enabling compliance with this significant regulatory expansion.

Our in-house experts continuously monitor legislative changes and emerging typologies, ensuring our solutions evolve with the regulatory landscape.

ComplyAdvantage features:

• AI-powered customer and transaction screening across sanctions, PEPs, watchlists, and adverse media – minimizing false positives by up to 70 percent.
• Proprietary global risk data via the ComplyAdvantage Mesh platform, offering unparalleled depth and accuracy for smarter compliance decisions.
• Customizable risk thresholds and rules tailored by jurisdiction – ideal for firms operating under complex, cross-border regulatory frameworks.
• Real-time transaction monitoring powered by explainable AI, enabling faster detection of evolving money laundering patterns.
• Integrated case management that unifies alerts, investigations, and audit logs across teams and business lines.
• End-to-end audit trails ensure full traceability of every decision, supporting regulatory audits and internal governance.
• Entity resolution and name-matching algorithms that handle linguistic variants, aliases, and non-Latin scripts with high precision.
• Real-time adverse media screening across 90+ languages using natural language processing (NLP) models trained on financial crime typologies.
• OFAC 50 Percent Rule compliance, with automated detection of indirect ownership and sanctions exposure.
• High-STP rate for payment screening, enabling seamless compliance in real-time environments like instant and cross-border payments.
• Continuous risk monitoring for both individuals and businesses, adapting dynamically as profiles or data sources change.
• Flexible sandbox and rule-testing tools to safely refine and deploy monitoring logic without disrupting operations.
• AI-enhanced PEP and RCA screening, with relationship mapping and configurable profiles tailored to regional obligations.
• Advanced corporate screening supports complex structures, visibility of the ultimate beneficial owner (UBO), and integrations with registries.

“ComplyAdvantage has been fantastic for us. Implementation has been seamless and straightforward and the cost savings that we’ve made over the past three years have been significant. As regulations have increased, we’ve managed to actually decrease the cost of our financial crime compliance program.” 

John Skorup, Global Head of Compliance – Sales Finance, Nissan Financial Services

2. SAS

SAS is an intelligence platform that offers various industry-specific analytics and AI software. As part of SAS’s Financial Crimes Suite, the company provides an end-to-end AML solution that includes transaction monitoring, watchlist screening, and reporting capabilities. 

3. NiCE Actimize

NiCE Actimize is a subsidiary of NiCE Ltd that provides a broad range of risk management software, including suspicious activity monitoring, sanctions screening, fraud detection, and currency transaction reporting. 

4. LexisNexis Risk Solutions

LexisNexis Risk Solutions is a data and analytics company that offers predictive insights, fraud prevention, and a wide range of other technology services. Founded in 1970, the company is headquartered near Atlanta, Georgia, and serves businesses across multiple industries, from insurance to healthcare. 

5. Fenergo

Based in Dublin, Ireland, Fenergo provides transaction monitoring and end-to-end client lifecycle management for financial institutions. Established in 2009, Fenergo now has offices in Australia, India, the US, and South Africa.

6. Hummingbird

Hummingbird is headquartered in San Francisco, California, and was founded in 2016. Its risk and compliance platform includes alert and case management capabilities, AI‑assisted workflows, and automated regulatory filing. 

7. Dow Jones Risk & Compliance

Dow Jones Risk & Compliance is a division within Dow Jones that focuses on risk and compliance tools and information. It delivers structured risk data and screening solutions used by firms to support AML and customer due diligence (CDD) efforts. 

8. Verafin

Verafin provides cloud-based AML solutions, including Fraud Detection, High-Risk Customer Management, and Anti-Money Laundering. The company, which was acquired by Nasdaq in 2020, is headquartered in St John’s, Canada. 

9. Quantifind

Quantifind offers various AI-powered AML solutions built on its proprietary Graphyte platform, including Payment Risk Intelligence, Sanctions Compliance, and Know Your Customer. Founded in 2009, the company has offices in California, Georgia, and Massachusetts. 

10. ThetaRay

Founded in 2013, Thetaray provides on-premises transaction monitoring, customer screening, and sanctions screening software. Serving banks and FinTechs globally, Thetaray has offices in New York, London, and Madrid.

How to measure success

While specific metrics may vary depending on your business model and tech stack, the following are some of the most important benchmarks to consider when measuring the success of an AML solution. For a deeper dive into how to structure your vendor assessment criteria, including example scoring frameworks, read our full RFP criteria blog.

• Regulatory alignment: Verify the solution supports your specific AML obligations and provides strong audit trails, model governance, and explainability.
• Operational efficiency: Measure time saved on manual tasks, reduction in false positives, and overall improvements in alert resolution times.
• Data quality & accuracy: Evaluate the freshness, reliability, and scope of the solution’s risk data – especially for sanctions, PEPs, and adverse media.
• Scalability: Assess how well the solution handles growth in customer volume, transaction load, and new regulatory requirements.
• Vendor support & responsiveness: Track the quality and speed of vendor support, from implementation to ongoing issue resolution.
• Innovation roadmap: Consider how frequently the provider delivers meaningful product updates and leverages new technologies like AI to future-proof your compliance program.

All information from publicly available websites has been sourced and is correct as of June 2025. If you’d like to request a correction, please e-mail [email protected], and we’d be happy to review this with you.