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1,200+
accountancy and legal firms
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80%
faster client onboarding
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4.8*
trustpilot rating
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£2.50
per check all inclusive
Pricing
License pricing is based on the number of clients the customer expects to perform AML duties against.
Checks then cost from £2.50 per check, billed separately.
Number of Clients and pricing*
| 30 clients £250 |
| 70 clients £460 |
| 100 clients £522 |
| 175 clients £854 |
| 250 clients £1,057 |
| 500 clients £1,504 |
| 750 clients £1,912 |
| 1000 clients £2,214 |
| 1500 clients £2,835 |
| 2000 clients £3,396 |
| 3000 clients £4,578 |
*Starting prices when purchased on a 12 month contract.
Cost per check
| UK ID Checks £2.50 |
| International ID Checks £3.75 |
| Credit Screen £3.75 |
| UK Company Report £8.50 |
| Non-UK Company Report £25.00 |
| HR Screen £7.50 |
What compliance professionals say
Up and running in 3 steps
Your clients verify themselves. You get instant clearance. Zero manual chasing.
One platform. Every AML obligation covered.
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Powered by Veriphy biometric ID verification, IRIS Elements AML runs facial recognition, document capture and liveness checks in under two minutes. All your client needs is a UK passport or driving licence and a phone. Each check returns a clear accepted, referred or rejected result that’s fully ECCTA-compliant.
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Flag, capture and report suspicious activity in a single workflow. IRIS Elements AML makes it easy to alert your Money Laundering Reporting Officer (MLRO), capture supporting evidence, and generate a fully formatted Suspicious Activity Report (SAR) – no spreadsheets, no email trails.
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Use our default Know Your Client (KYC) questions covering every UK entity type, or build custom checklists for higher-risk clients. Completed KYC assessments are visible from the dashboard and the client record, and the system reminds you when reviews are due – so KYC stays current without manual chasing.
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Complete a firm-wide risk assessment annually to identify your key risk indicators, then run individual client risk profiles automatically as part of every onboarding. Customisable templates let you tailor risk scoring to your firm’s appetite, client mix and the way you actually work.
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Run bulk ID checks in the background while you work. Filter by entity type, expiry date and previous risk rating, monitor cost before you submit, and let the system process the queue – ideal for annual KYC refresh cycles or onboarding a new portfolio of clients.
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Upload and keep copies of every client ID document in one encrypted, auditable repository. All files are virus-scanned, encrypted at rest, and retrievable in seconds when your regulator, professional body or internal audit asks. Built to meet MLR 2017 and ECCTA record-keeping obligations.
Why choose IRIS Elements AML software
Frequently asked questions
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AML (anti-money laundering) software for accountants automates the compliance work that UK accountancy firms are legally required to perform under MLR 2017 and the Economic Crime and Corporate Transparency Act (ECCTA). At minimum, it handles client ID verification (including biometric checks), Know Your Client (KYC) profiling, ongoing risk assessment, suspicious activity reporting (SAR), and secure record-keeping for audit. IRIS Elements AML covers all of these in a single cloud platform.
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Yes. IRIS Elements AML integrates Veriphy biometric ID verification – facial recognition, document capture and liveness appraisal – to meet the identity verification standards set out in the Economic Crime and Corporate Transparency Act. Risk assessment, KYC, SAR and audit-trail features are designed to keep your firm aligned with both ECCTA and MLR 2017.
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Licensing is based on the number of clients you’ll perform AML duties for, starting from £250 for 30 clients. Individual checks cost from £4.00 per UK ID check. International ID checks, credit screens, company reports and HR screens are priced per use. There are no setup fees and no usage caps – see the pricing table above.
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True to an extent – ID checks and AML compliance are done in a similar way to meet regulatory requirements. The difference is that IRIS Elements AML is fully integrated with the IRIS Elements platform, so the same client list takes you from proposal and engagement letter through to tax filing and accounts production. No duplicate client records, no re-keying data between systems.
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IRIS Elements AML is a stand-alone product. You can buy it online, however and whenever you want, and connect it to the rest of IRIS Elements later if you choose to.
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Most checks complete in under two minutes once your client opens the verification link. Bulk ID checks run in the background while you work – useful for annual KYC refresh cycles or onboarding a new client portfolio.
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Yes. IRIS Elements AML supports bulk ID checks filtered by entity type, expiry date, or previous risk rating. You can preview cost before submitting and let the queue process while you carry on with other work.
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UK accountancy firms are required to nominate an MLRO under MLR 2017. IRIS Elements AML is designed around that role: when suspicious activity is flagged by anyone in the firm, the MLRO is notified automatically and given the structured evidence trail needed to file a Suspicious Activity Report (SAR).
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