Investor overview · October 2026
AML/CTF Tranche 2 now requires a dedicated Compliance Officer — but you don't have a bank's budget to hire one
Trustpost is a product in development for Independent Corporate and Trust Services Providers.
The problem
Independent Corporate and Trust Services Providers
For trust and company service providers newly caught by Tranche 2, who must name an AML/CTF Compliance Officer with AUSTRAC and risk a compliance notice if they haven't.
- A dedicated AML/CTF Compliance Officer must be appointed and their details provided to AUSTRAC — a legal requirement most trust and company service providers have never had to meet before.
- Unlike a bank, you don't have a compliance officer whose only job is to manage AML risk.
- AUSTRAC has already begun issuing information notices to designated-service businesses that haven't enrolled, barely a month after the deadline passed.
In their own words
Real quotes from the people who have this problem
We knew [Competitor] was in the AML/CTF space, but weren't entirely sure about whether this applied to us.
Unlike a bank, you don't have a compliance officer whose only job is to manage AML risk.
The evidence
Researched before anything is built
How it scores
Based on 7 direct quotes from 6 independent public sites, each recorded with its source. Scores are 1–5, rated from that evidence.
Why now
What’s changed
- 01
AML/CTF Tranche 2 made trust and company service providers AUSTRAC reporting entities for the first time, with the enrolment deadline of 29 July 2026 now passed. Clyde & Co ↗
- 02
AUSTRAC has already begun issuing information notices to designated-service businesses that haven't enrolled, barely a month after the deadline passed. Clyde & Co ↗
- 03
The reform brings an estimated 80,000 to over 100,000 Australian businesses into AML/CTF regulation for the first time, most with no prior compliance infrastructure to build on. Firmable ↗
The product
Trustpost
Trustpost is a fractional AML/CTF Compliance Officer for trust and company service providers: a named, accountable person on your AUSTRAC enrolment who screens every new beneficial owner, runs your periodic risk reviews on schedule, and is the one who answers if AUSTRAC ever sends a notice — instead of a software login you still have to operate yourself.
- 01
Tell us about your client structures — the companies and trusts you administer, and who their beneficial owners are.
- 02
Trustpost's compliance officer is named on your AUSTRAC enrolment and screens each beneficial owner before you take on a new structure.
- 03
Every structure gets its periodic risk review on schedule, filed and ready to show if AUSTRAC ever asks.
Market size
TAM, SAM and SOM
- TAMTotal market
- A$48M a yearAn estimated 10,000 Australian trust and company service providers (assumed at roughly 10% of the 80,000-100,000 businesses Tranche 2 newly regulates, since TCSPs are one of seven named sectors) × A$4,800 a year. Firmable ↗
- SAMServiceable market
- A$38M a yearAbout 8,000 of those TCSPs, excluding the roughly 20% that are divisions of large professional services firms likely already building AML compliance in-house.
- SOMObtainable in 3 years
- A$384K a year1% of the serviceable market — about 80 TCSPs — within three years.
Sizes assume a working price of A$400 a month (A$4,800 a year), which isn't validated yet, and that TCSPs are roughly 10% of the newly regulated Tranche 2 population — neither figure is independently confirmed. The 1% share is an assumption, not a forecast.
Competition
What they use today, and where it falls short
| Today’s option | Built for multi-structure trustees, not one-off deals | Includes a named, accountable Compliance Officer | Covers screening and reporting, not just templates | No new software to learn |
|---|---|---|---|---|
| Generic multi-sector AML/CTF softwareBuilt around real estate and legal transaction workflows, not a trustee managing many different client structures and their beneficial owners; self-serve, so the firm still has to supply its own named Compliance Officer. Published pricing runs from about A$49 to A$650 a month. | No | No | Partly | No |
| AUSTRAC's free Program Starter KitExplicitly not a substitute for a bespoke framework, and doesn't cover automated screening, identity verification, record-keeping systems, or AUSTRAC-format reporting. | No | No | No | Yes |
| Specialist AML implementation consultantsOnce the engagement ends, the firm is back to being its own ongoing Compliance Officer with no one accountable day-to-day. | Partly | No | Partly | Yes |
| Doing nothing and hoping it doesn't applyAUSTRAC has already started issuing information notices to unenrolled designated-service businesses. | No | No | No | Yes |
| TTrustpostis the only option that puts a real, accountable, named Compliance Officer on your AUSTRAC enrolment, instead of a template, a software login, or a one-off consulting engagement. | Yes | Yes | Yes | Yes |
Business model
A monthly retainer per firm
Working price, not yet validated — positioned well under the roughly A$23K a year estimated cost of handling Tranche 2 compliance badly in-house.
Go to market
How we reach them
- NowThe founding-access page is live, with a Google search ad campaign built around Tranche 2 compliance officer searches.
- NextRegistered agent, corporate trustee and managed-office operator communities, where the Compliance Officer requirement is a live, unresolved question.
- LaterReferral partnerships with accounting and law firms whose TCSP clients need a dedicated compliance officer they don't have in-house.
Where we are
Validating demand before building
- Problem researchReal complaints collected from public sources and scored
- Demand test · nowFounding-member applications open at trustpost.thinksimple.app, with a targeted search ad campaign built for it
- BuildOnly if the demand test shows people will sign up
Signup numbers will be shared here once there are enough to mean something.
Get in touch
Interested in backing Trustpost?
We’re happy to talk through the research, the demand test and the plan.
For information only. This is not an offer of securities or financial advice. Trustpost is in development; nothing described here is available yet. Market figures and charts are estimates built from the sources shown.