Press release
Anti-Money Laundering (AML) Software Market is Reached to Grow at CAGR of 12% During 2018-2023
Anti-Money Laundering (AML) Software Market is software used in the finance and legal industries to meet the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems and compliance management software.Get Sample Copy@
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(AML) Software Market - Analysis and Forecasts (2018-2023) Focus on software types (transaction monitoring software, transaction management reporting, customer identity management, compliance management, etc.) Rapid development of financial services and technology. However, financial institutions are exposed to money laundering risks and preventing money laundering is becoming more important and urgent. According to the United Nations Office on Drugs and Crime (UNODC), about $ +2 billion has been laundered in world GDP for one year and now ranges from $ +8 billion to $ +2 trillion in US dollars. Governments in many countries are organizing their own regulatory agencies to address money laundering issues. For example, the UK government establishes the National Crime Agency (NCA) in 2013 and provides excellent clients in the banking, banking and banking sectors.
Software developers develop and release new anti-money laundering solutions Market with advanced features to meet changing needs. In September 2017, analytics software firm FICO announced that the TONBELLER Siron product family has acquired Amazon Web Services (AWS) functionality. We appreciate your efforts to provide AWS's innovative solutions to help you manage critical issues such as risk management, discovery of compliance requirements, and data management and management model settings.
It is a competitive and technology-driven market to maintain, others focus on technology development and innovation.
North America is likely to be the largest region in the global market for anti-money laundering software market. Stringent regulations against money laundering in the U.S. and Canada are contributing to the growth of the region. Meanwhile, Europe followed by APEJ is also anticipated to witness impressive growth in the coming years.
Key companies in the global anti-money laundering software market are Ascent Technology Consulting, EastNets, FICO TONBELLER, Accenture Plc., Fiserv, Inc., SAS Institute Inc., Open Text Corp., BAE Systems PLC, Trulio, ACI Worldwide, Actimize, Verafin, Inc. Fiserv Inc, SAS Institute Inc, NICE Actimize Inc, Norkom Technologies Ltd, IBM, TCS, Oracle Corp, Infosys, 3i Infotech Ltd, Accuity Birst Inc, ACI Worldwide Inc, Acquilan Technologies Inc, Ficrosoft, Cellent Finance Solutions AG, EastNets Ltd, Ficrosoft Infor Global Solutions, FIS.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must have information for market players to sustain and enhance their market foot print.
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