Why the best compliance platforms are built on FrankieOne
Eighty thousand businesses are entering Australia’s AML/CTF regime on 1 July 2026. Most of them have never built a compliance program. They don’t have compliance teams, they don’t have technology stacks, and many of them are only now realising the scope of what’s required.
That’s not a market FrankieOne could address by selling our platform directly. The problem wasn’t just which technology provider to use. It was: which compliance program, designed how, for which designated services, and how do you operationalise it before the deadline? Those are advisory questions before they’re technology questions.
AMLiQ is what happens when you answer those questions properly.
FrankieOne connects to more than 350 identity, fraud and AML data sources globally through a single API. We can stand up document verification, biometrics, sanctions screening, beneficial ownership lookups and ongoing AML monitoring faster than almost anyone in the market.
But when a boutique law firm or a mid-size real estate agency comes to us and says “we need to be compliant by 1 July,” the first thing they need isn’t an API integration. They need someone to help them understand what their obligations actually are, design a program that meets them, and then stand it up. Getting compliance right isn’t about buying the best technology. It’s about understanding what you’re trying to achieve before you buy anything.
For real estate agents and accounting practices entering the regime for the first time, that means a documented AML/CTF policy, a customer risk methodology, defined onboarding workflows, and staff training. All of that has to exist before you switch on a single identity check.
Think about what a newly regulated accounting firm actually faces. They’re running a practice. They’re billing clients, managing deadlines, operating on thin margins. Now they need to build a compliance program from scratch, appoint a compliance officer, draft a risk assessment, train their staff, and implement a CDD workflow, all before a regulatory deadline that carries civil penalties of up to $31.3 million for serious non-compliance.
Technology doesn’t solve that problem on its own. The right advisory expertise has to come first. And for the firms managing compliance programs across dozens of these clients, the efficiency of that advisory work depends entirely on the infrastructure underneath it.
AMLiQ is a unified compliance platform for Australia’s newly regulated sector: IDV, KYC, KYB and AML monitoring, with managed services and advisory expertise built into the setup and ongoing operations. One platform, one commercial relationship, compliance program design included.
Under the AMLiQ model, the managed services and advisory layer owns the client relationship, the regulatory interpretation and the compliance program design. FrankieOne provides the technology: the orchestration layer, the data source connections and the AML/KYC workflows that put the program into practice.
For the customer, the experience is straightforward. AMLiQ scopes what’s required and designs the operating model. The platform is then configured to reflect that design, so the workflows, risk rules and verification checks align with the business’s actual obligations, not a generic off-the-shelf setup. From there, going live is fast: because FrankieOne’s orchestration layer already connects to 350+ data sources, there’s no lengthy vendor procurement or separate integration work.
Customers get a single point of contact and a single contract. No managing a compliance adviser separately from a technology vendor. No gap between regulatory advice and operational reality. No translating requirements into technical specifications yourself.
AMLiQ is purpose-built for Tranche 2 entities, but it’s also available to existing clients in banking, wealth, fintech and superannuation who want a more consolidated compliance stack.
When AMLiQ’s team is scoping a new client’s compliance program, they’re drawing on FrankieOne’s 350+ data source connections from day one. KYC coverage, KYB and beneficial ownership data, PEP and sanctions screening against global watchlists, adverse media monitoring. All of it accessed through a single API, with a single audit trail.
For a managed services provider running compliance programs across dozens of newly regulated firms, that’s not a feature. It’s the infrastructure that makes the business model possible. Consider what a fragmented data layer actually means at that scale: multiple provider contracts to maintain, multiple integrations to keep current, and multiple audit trails to reconcile when a regulator asks a client to demonstrate their compliance program is working.
When AUSTRAC reviews one of AMLiQ’s clients, the audit trail needs to show every check, every decision, every alert, in a single coherent record. Not a patchwork of exports from five different systems. FrankieOne’s orchestration layer produces that record automatically. Every client account, every verification, every screening result, timestamped and audit-trailed in one place.
Configuring each client’s checks to match their risk profile, switching on new data sources as the regulatory environment evolves, scaling across a growing book of clients without rebuilding the technology stack. All of it runs on FrankieOne.
That’s the same infrastructure running at Westpac. AMLiQ’s clients get bank-grade compliance infrastructure because that’s the only kind we offer.
“Australia’s regulated sectors are facing the most significant AML reform in a generation, and many of the businesses now in scope have never had to build a compliance program from scratch. AMLiQ takes the complexity off the table. We’ve combined the regulatory advice these businesses need with the technology to operationalise it, all under one roof.”
Fatih Binyazar, Co-Founder, AMLiQ
AMLiQ reflects something we’ve learned building FrankieOne across banks, fintechs and payment platforms globally: the hardest compliance problems aren’t technology problems. They’re program design problems, process problems, people problems. The technology is only as useful as the thinking behind it.
For advisory firms, managed services providers and compliance consultancies building products or services for the Tranche 2 market, that’s the model worth considering. Bring the sector expertise, the client relationships, the regulatory interpretation. Let FrankieOne handle the data layer underneath: the 350+ source connections, the orchestration logic, the audit trail, the ongoing monitoring.
You build the compliance product. We build the infrastructure it runs on. Your clients get a compliance program that works. And when AUSTRAC comes calling, the audit trail is already there.
AMLiQ is one expression of that model. It won’t be the last.
If you’re working with clients who need Tranche 2 compliance infrastructure, or you want to understand how FrankieOne’s partner model works, we’d like to talk.