Press release
Anti-Money Laundering Software Market 2019-2025 | ACI Worldwide, AML360, AML Partners, EastNets, Experian, Fiserv, Nice Actimize, Oracle, Safe Banking Systems
Anti-Money Laundering Software Market
Anti-money laundering software is used by financial associations to evaluate customer data and perceive apprehensive transactions. It is used in the finance and legal businesses to meet the legal necessities for financial institutions and other structured entities to prevent or report money laundering undertakings.
The global anti-money laundering software market is subjective by numerous factors such as surge in money laundering cases, application of severe government regulations to organize Anti-Money Laundering solutions and a growth in IT spending among financial organizations. Increase in online banking institutions, peer-to-peer transfers using mobile phones, anonymous online payment services, and use of virtual currencies have led to rise in money laundering cases.
Top Key Players:
ACI Worldwide, AML360, AML Partners, EastNets, Experian, Fiserv, Nice Actimize, Oracle, Safe Banking Systems, SAS, SunGard, Thomson Reuters, Tonbeller, Truth Technologies, Verafin, Aquilan, Ascent Technology Consulting, Banker’s Toolbox, Cellent Finance Solutions, CS&S.
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Anti-Money Laundering Software Market: Segmentation Overview--
By Component:
- Software
- Service
By Deployment Type:
- Cloud
- On-premise
The cloud-based segment is predictable to eyewitness the highest growth rate, due to increase in acceptance of cloud-based solutions in small & medium-sized economic organizations to conflict money laundering.
By Product:
- Transaction Monitoring
- Currency Transaction Reporting
- Customer Identity Management
- Compliance Management
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 is contributing to the growth of the region. The anti-money laundering software providers can leverage this as an opportunity for expanding their business and ensure that money laundering incidences are reduced to a greater extent.
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Collectively the Anti-Money Laundering Software Market report usages industry analysis tools such as Porter’s five and SWOT for given that a clear picture of the economic features of businesses. Similarly, economic aspects such as shares, cost structures, pricing of raw materials as well as manpower have been accessible through graphical presentation techniques such as ample graph, charts, diagrams, tables, and pictures.
Key questions answered in this report:
- What are the top key players of the global Anti-Money Laundering Software market?
- What are the strengths of the global market?
- What are the trends, challenges, threats, and opportunities in front of the businesses?
- What are the effective sales methodologies?
- What are the key outcomes of SWOT and Porter’s five analysis of Anti-Money Laundering Software market?
- Who are the key vendors in the global market?
- What are the standard operating procedures for increasing the performance of the companies?
- What will be the total market size of the global Anti-Money Laundering Software market in the forecast period?
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