Press release
Global Anti-money Laundering Software Market 2015 | Major Key Players : ACI Worldwide, AML360, AML Partners, AML RightSource, BAE, EastNets Analysis And Forecast: Technavio
Description :Technavio’s market research analyst predicts the global anti-money laundering (AML) software market to grow steadily at a CAGR of around 11% during the forecast period. AML software allows financial institutions and other enterprises to detect suspicious transactions and analyze customer data. Its ability to provide real-time alerts and tools to report suspicious events to maximize security and operational efficiency will foster its adoption during the forecast period.
An important growth driver for this market is the increasing regulatory compliance requirements, which compels financial institutions to adopt AML software. The growing utilization of predictive analytics to reduce false results and to decrease the compliance cost of AML software is a trend that will impel market growth until the end of 2020.
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Geographical segmentation of the AML software market
• Americas
• EMEA
• APAC
In this market research, analysts have estimated the Americas to be the largest market for AML software during the forecast period. Though the Americas account for the largest market share, the APAC region is envisaged to witness the fastest growth during the predicted period. Factors such as the rising adoption of stringent AML regulations, increasing regulatory compliance, and the growing adoption of these solutions in emerging economies like Australia, China, and India will propel the prospects for market growth in APAC during the estimated period.
Competitive landscape and key vendors
The global AML software market is dominated by numerous large- and medium-sized vendors. The big companies and technology providers in this market are following strategies like M&A to increase their consumer base and to improve their global presence.
The leading vendors in the market are –
• ACI Worldwide
• AML360
• AML Partners
• AML RightSource
• BAE
• EastNets
• Experian
• Fiserv
• Nice Actimize
• Oracle
• Reed Elsevier
• Safe Banking Systems
• SAS
• SunGard
• Thomson Reuters
• Tonbeller
• Truth Technologies
• Verafin
Complete Report Details @ https://www.wiseguyreports.com/reports/310195-global-anti-money-laundering-software-market-2016-2020
Table Of Content
PART 01: Executive summary
• Key findings
PART 02: Scope of the report
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Risks of non-compliance with AML regulations
PART 06: Market landscape
• Market overview
• Market size and forecast
PART 07: Market segmentation by deployment model
• Global AML software market by deployment model
PART 08: Geographical segmentation
• Global AML software market by geographical segmentation 2015
• Global AML software market by geographical segmentation 2015-2020
• AML software market in the Americas
• AML software market in EMEA
• AML software market in APAC
PART 09: Market drivers
• Need for regulatory compliance
• Increasing demand for automated transaction monitoring systems
• Technological advances in financial institutions
• Rising demand from emerging countries
PART 10: Impact of drivers
PART 11: Market challenges
• High cost of implementation
• Lack of internal cross-functional collaboration
• Issues pertaining to data security
• Complexity of data interpretation
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Increasing use of predictive analytics
• Increasing demand for know your customer (KYC) analytics
• Cloud-based AML solutions
• Integration of AML and anti-fraud solutions
• Increasing adoption of AML software by medium-sized enterprises
Continued…….
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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.
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