AI compliance infrastructure for the gold trade.
AurumTrace turns the UAE's new AML obligations — KYC, transaction reporting, responsible-sourcing due diligence and goAML filing — into a single, guided, audit-ready workflow. Built for the dealer counter, not the bank.
The UAE is the world's second-largest gold hub, and its AML regime was rebuilt almost overnight. Thousands of mid-sized dealers just inherited a heavy, audited obligation — with nothing built to handle it.
Responsible-sourcing due diligence extended beyond refiners to everyone who trades, recycles or handles gold.
With Cabinet Resolution 134/2025, this sets the current AML/CFT obligations for the whole sector.
Officially classifies precious-metals dealers as medium-to-high money-laundering risk.
The Ministry of Economy & Tourism is inspecting and issuing fines — 32 refinery licences suspended in one 2024 sweep.
The full six-stage pipeline is built and running on sample data. Here's the real interface — from intake, through responsible sourcing, to a tamper-evident audit trail.
Every transaction flows through one guided process — the dealer sees a simple workflow; the obligation is handled underneath.
AI extraction from Emirates IDs, passports and trade licences. Sanctions and PEP screening, with each customer risk-scored against the UAE FIU red-flag indicators.
Flags the AED 55,000 threshold — including the linked transactions dealers routinely miss — and auto-drafts the suspicious-transaction narrative.
Guides the dealer through the OECD five-step process, ingests supplier documents, and generates the audit-ready risk assessment Decree 68 now demands.
Turns all of the above into a filing-ready report in the required goAML format. A compliance officer reviews and files — nothing is submitted automatically.
A type-safe TypeScript platform — Next.js web, NestJS API, PostgreSQL — with AI adapters for Arabic-ID OCR, sanctions/PEP screening and narrative generation, and pure compliance engines for the AED 55k threshold, linked-transaction aggregation and goAML XML.
Avoid penalties up to AED 5M and the loss of the licence to trade. The obligation is mandatory and actively enforced.
Collapse the manual admin of KYC, reporting and sourcing documentation into one guided flow counter staff can run.
Every record defensible and inspection-ready by default — no scramble when the regulator calls.
Consultants file by hand. Generic AML platforms are bank-oriented. A couple of gold-sector tools do KYC and goAML upload. None combine linked-transaction aggregation, Decree 68 responsible sourcing and goAML filing in one AI-native, counter-first workflow.
| Compliance consultancies |
Generic AML software |
Gold-sector AML tools |
AurumTrace | |
|---|---|---|---|---|
| Gold / DPMS-native | partial | — | ✓ | ✓ |
| goAML DPMSR filing | manual | — | ✓ | ✓ |
| Linked-transaction aggregation (AED 55k) | partial | partial | — | ✓ |
| Decree 68 responsible sourcing | partial | — | — | ✓ |
| Dealer-counter UX + AI-native | — | partial | — | ✓ |
✓ built-in · partial / manual · — not offered. Generic AML = Sumsub, ComplyAdvantage · Gold tools = WinGuardAML, AML Square · consultancies are a managed service, not software. Competitor columns reflect public vendor materials, not hands-on testing.
We're partnering with a small group of UAE dealers to shape AurumTrace before launch. If that's you — or you'd like a guided walkthrough — we'd like to talk.
Request early access