Verafin & Actimize Alternative

Canadian FINTRAC Reporting Without the Enterprise Price Tag

If you’re evaluating Verafin, Actimize, or similar platforms—or looking for a Verafin alternative or Actimize alternative for Canadian FINTRAC—Comply+ is built for Canadian reporting entities. Production-ready in 30 seconds. No FWR login. No six-figure contracts.

One minute setup
Free to start
No credit card

Verafin and Actimize Alternatives for Canadian FINTRAC Reporting

Enterprise AML platforms like Verafin and Actimize are built for large banks and multi-year budgets. If you need Canadian FINTRAC reporting without the enterprise footprint, here’s how Comply+ compares.

Verafin, Actimize & Similar

Built for banks and large FIs. Strong on monitoring; FINTRAC filing often still manual or config-heavy.

  • $50K–$250K+ per year, multi-year contracts
  • 3–9 month implementation
  • FinCEN/BSA first; Canadian FINTRAC as a layer
  • STR narratives and filing workflow often manual inside the platform
  • Dedicated compliance ops team to run it

Comply+

Purpose-built for Canadian FINTRAC. Submit from inside the platform—no FWR login. Same reporting outcomes, fraction of the cost and time.

  • Production-ready in 30 seconds
  • No multi-year contract; free to start
  • Canadian FINTRAC at the core—STR, LCTR, LVCTR, EFTR, LPEPR
  • aiSTR™ drafts FINTRAC-compliant STR narratives; you review and sign off
  • Optional Managed Filing Service: send CSV, we file

Is Comply+ a Verafin alternative? Yes—for Canadian FINTRAC reporting. If you need STR, LCTR, LVCTR, EFTR, and LPEPR without logging into FWR, without a six-figure budget, and without a 3–9 month implementation, Comply+ is built for that.

Verafin & Actimize Alternative: FAQ

Is Comply+ a Verafin alternative?

Yes. For Canadian FINTRAC reporting (STR, LCTR, LVCTR, EFTR, LPEPR), Comply+ offers the same filing outcomes as enterprise platforms without multi-year contracts, six-figure annual costs, or long implementations. You submit to FINTRAC from within Comply+—no FWR login required.

How does Comply+ compare to Actimize for FINTRAC?

Actimize is built for global AML and large financial institutions, with Canadian FINTRAC often delivered via configuration. Comply+ is built for Canadian FINTRAC first. You get native support for all Canadian report types, aiSTR™-drafted STR narratives, and submission from the platform in minutes—no 3–9 month rollout.

Who should consider Comply+ as a Verafin or Actimize alternative?

Canadian reporting entities—including MSBs, fintechs, virtual currency dealers, and exchanges—that need robust FINTRAC reporting but don’t need (or can’t justify) full enterprise AML platforms. If you’re comparing Verafin, Actimize, or manual processes for Canadian reporting, Comply+ is designed as a focused alternative.

Do I still need to log into FINTRAC Web Reporting (FWR)?

No. With Comply+, you submit reports to FINTRAC from within the platform. There’s no separate FWR login or manual copy-paste into the regulator’s portal.

Why Teams Choose Comply+ Over Enterprise Platforms

Canadian-first FINTRAC reporting. No FWR login. No six-figure contracts.

Built for Canadian FINTRAC

STR, LCTR, LVCTR, EFTR, LPEPR—native support. Not a configuration layer on top of a US-centric product.

aiSTR™ STR Narratives

Proprietary AI drafts FINTRAC-compliant STR narratives. Your team reviews and signs off—no writing from scratch.

Submit Without FWR

Submit to FINTRAC from within Comply+. No separate regulator portal login. Full audit trail from day one.

Platform Features

Complete FINTRAC Compliance Solution

From batch uploads to direct FINTRAC submission — everything you need in one platform

Direct FINTRAC Submission

Submit reports directly to FINTRAC securely. No need to log in to the FINTRAC website — everything is handled within Comply+.

Autopilot Mode for Connected Databases

For fully connected databases, enable autopilot for automatic submission of LCTRs, LVCTRs, and EFTRs. Our proprietary aiSTR™ technology handles suspicious transaction detection, requiring manual review only for STRs.

Intelligent Batch Processing

For non-connected databases, upload a CSV of transactions. Automatically detect required reports and generate draft LCTRs, LVCTRs, EFTRs, CDRs, and STRs with AI-powered analysis.

AI-Driven STR Detection

Our proprietary aiSTR™ technology automatically flags high-risk transactions and drafts narratives aligned with FINTRAC risk indicators. You retain full control with manual overrides.

Customer & Location Management

Maintain complete customer and location data with direct integrations to providers like SumSub. Reports auto-populate with existing records.

Draft & Save Reports

Create and save draft reports — including AI-generated STR narratives — for later completion. Work at your own pace with automatic data preservation.

STR Extensions Made Simple

Add STR extensions to existing reports (LCTR/LVCTR/EFTR/CDR) with one click. Fill only additional fields — no separate forms.

COMING SOON

AI Model Configuration

Risk Detection Settings

Risk Indicator A
Identified: 87%
Risk Indicator B
Identified: 94%
Risk Indicator C
Identified: 82%
Overall Risk Rating78%

Recommended STR filing

aiSTR 2.0

Advanced risk flagging via AI. Machine learning flags suspicious transaction patterns — reducing false positives and helping teams act faster on STRs.

Direct Slack integration for no login STR review/submissions

Maximize risk detection with custom set, and AI-driven risk indicators

Set your risk indicator weightings, or let aiSTR optimize detection

Generate higher accuracy through reinforced learning

30-Minute Demo

See Comply+ in action.

Watch us process transactions, demonstrate aiSTR™ detection technology, and show autopilot mode for connected databases.

1. Data Processing

Upload CSV or connect database - watch automatic detection

2. aiSTR™ Technology

See AI-powered suspicious transaction detection in action

3. Autopilot Mode

Experience fully automated FINTRAC submissions

Manual filing breaks under load. Enterprise platforms cost six figures and take months. Comply+ is production-ready in 30 seconds.

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Disclaimer

This page is for general information only. Verafin and Actimize are trademarks of their respective owners. Comply+ is not affiliated with Verafin or Actimize. Consult qualified legal and compliance advisors for decisions about FINTRAC and AML obligations.