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Global Anti-Money Laundering Software Market 2026 : Size, Status and Forecast Analysis By Accenture, SAS Institute Inc., Fiserv, Inc, Open Text Corporation, Experian Information Solutions, Inc., Oracle, FICO TONBELLER, Ascent Business, EastNets.com

05-17-2019 09:29 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Anti-Money Laundering Software Market

Global Anti-Money Laundering Software Market

Anti- money laundering software is software that is used to monitor customer data and detect any unusual transaction and is widely is used financial and legal industries. Unusual transaction includes suddenly increasing or withdrawal of large amount of money.

Transaction monitoring system, customer identity monitoring system, current transaction reporting and compliance management software are some of the common software that are used in AML software.

The Anti-Money Laundering Software Market research report gives all-comprehensive investigation of the business parts modern frameworks, industry improvement drivers, and wrist bindings. It gives showcase projections to the coming years. The AML software is used for data management, predictive analysis, procedural filtering etc.

Get Free Sample Copy of Report Here: @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-anti-money-laundering-software-market

Global Anti-Money Laundering Software Market By Component, Product ,Deployment Type,End- Use,Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Global Anti-Money Laundering Software Market is expected to rise from its initial estimated value of USD 1017.65 million in 2018 to an estimated value of USD 3167.56 billion by 2026, registering a CAGR of 15.25% in the forecast period of 2019-2026. Increasing demand for cloud- based solution is driving the growth of this market.

Key Developments in the Market:

• In January 2019, Chainalysis announced the launch of their new anti-money laundering (AML) compliance solution- Know Your Transaction (KYT). This is specially designed so that during every transaction. The main is to reduce the price volatility and provide a technology cross a comprehensive suite of cryptocurrencies and tokens.

• In August 2017, 3i Infotech Limited announced the launch of their new AMLOCKLite – FS anti- money laundering solutions which is specially designed for non-banking Financial companies so that they can detect the abnormal activities. Its main aim is to improve the efficiency by minimizing the losses. It also helps in simplifying the KYC process and identify unusual transaction.
Major Market Competitors/Players

Few of the major competitors currently working in the anti- money laundering software market are Accenture, SAS Institute Inc., Fiserv, Inc, Open Text Corporation, Experian Information Solutions, Inc., Oracle, FICO TONBELLER, Ascent Business, EastNets.com, Trulioo., BAE Systems., ACI Worldwide, Inc., Actimize, NameScan, Verafin Inc., LexisNexis, INETCO Systems Ltd, Global RADAR, Experian plc.

Competitive Analysis

Global anti- money laundering software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anti- money laundering software market for global, Europe, North America, Asia-Pacific and South America.

Table of Contents

Part 01: Executive Summary
Part 02: Scope Of The Anti-Money Laundering Software Market Report
Part 03: Market Landscape
Part 04: Anti-Money Laundering Software Market Sizing
Part 05: Anti-Money Laundering Software Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

Request Complete TOC Of this Report @ https://databridgemarketresearch.com/toc/?dbmr=global-anti-money-laundering-software-market

Segmentation: Global Anti-Money Laundering Software Market

• By Component

o Software
o Service

• By Product

o Transaction Monitoring
o Currency Transaction Reporting
o Customer Identity Management
o Compliance Management

• By Deployment Type

o Cloud
o On- Premises

• By End- Use

o BFSI
o Defense and Government
o Healthcare
o IT & Telecom
o Retail
o Transportation and Logistics
o Others

• By Geography

o North America
 US
 Canada
 Mexico
o South America
 Brazil
 Argentina
 Rest of South America
o Europe
 Germany
 France
 United Kingdom
 Italy
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Switzerland
 Rest of Europe
o Asia-Pacific
 Japan
 China
 South Korea
 India
 Australia
 Singapore
 Malaysia
 Indonesia
 Thailand
 Philippines
 Rest of Asia-Pacific
o Middle East and Africa
 South Africa
 Egypt
 Saudi Arabia
 United Arab Emirates
 Israel
 Rest of Middle East and Africa

Market Drivers:

• Increasing investment in IT by banks is driving the growth of this market
• Rising cases of money laundering is another factor driving the market growth.

Market Restraints:

• Lack of skilled and trained IT professionals is restraining the growth of this market
• High price of the anti- money laundering software is another factor restraining market

For More Inquiry Contact us at: @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-anti-money-laundering-software-market

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

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