Regulatory Reporting
Submit accurate AUSTRAC reports. On time. Every time.
The Problem
Building AUSTRAC-compliant reports manually is slow, error-prone, and stressful. Fields are missed. Thresholds are miscalculated. Reports are submitted late because the person responsible was also managing a caseload. A late or incorrect AUSTRAC report is not just an administrative failure — it is a breach.
Manual report building takes hours — data pulled from multiple systems
Missed or incorrect fields require amendments — attracting regulatory attention
Deadline pressure means reports are submitted without a second review
Why It Matters
AUSTRAC uses your reporting data to build financial intelligence. Late reports mean delayed intelligence. Incorrect reports mean bad intelligence. Both attract scrutiny. Your reporting obligation exists regardless of whether you have time — and AUSTRAC tracks your submission history.
How Verigo Solves It
Verigo pre-populates every AUSTRAC report from your transaction and case data. SMRs, IFTIs, and TTRs are built automatically — no copy-pasting from spreadsheets. Built-in validation catches errors before submission. Deadlines are tracked and alerts sent before they are missed.
How It Works
Trigger identified
Transaction threshold reached, suspicious matter confirmed, or IFTI obligation met.
Report auto-populated
All required fields pre-filled from transaction and customer data.
Validation run
Built-in AUSTRAC validation checks format, completeness, and data accuracy.
MLRO review
Report reviewed and approved before submission — full audit of who approved it.
Submitted to AUSTRAC
Submitted via AUSTRAC ROMS integration — confirmation number stored.
Deadline tracked
Upcoming report deadlines visible on dashboard. Reminders sent before due date.
Key Benefits
Reports built in minutes — not hours — because the data is already in the platform
No missed fields or incorrect thresholds — AUSTRAC validation runs before submission
Deadline tracking means reports are never submitted late
Full audit trail of who prepared, reviewed, and submitted every report
Bulk IFTI submission for high-volume remittance operations
Industry Examples
Daily TTR obligations handled automatically — threshold transactions detected and reports prepared without manual intervention.
Bulk IFTI submission for high-volume international transfers. 200+ IFTIs submitted in a single batch without manual data entry.
SMR prepared directly from investigation case — all transaction detail and investigation notes pre-populated. Submitted in minutes, not hours.
Try Regulatory Reporting free for 7 days
Submit every AUSTRAC report accurately and on time — without manual data entry or deadline anxiety.