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Anti-money Laundering Software Market Is Booming Worldwide by 2027 | Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide, Tonbeller

12-24-2021 12:48 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Anti-money Laundering Software Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Anti-money Laundering Software Market with its specific geographical regions.

The global Anti-money Laundering Software market size is projected to reach US$ 2694.1 million by 2027, from US$ 1322.5 million in 2020, at a CAGR of 10.7% during 2021-2027.

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Top Leading Companies of Global Anti-money Laundering Software Market are Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide, Tonbeller, Banker's Toolbox, Nice Actimize, CS&S, Ascent Technology Consulting, Targens, Verafin, EastNets, AML360, Aquilan, AML Partners, Truth Technologies, Safe Banking Systems

Market Overview

Anti-money laundering software 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.

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.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Anti-money Laundering Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Anti-money Laundering Software market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Anti-money Laundering Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Anti-money Laundering Software market.

Segment by Type
Transaction Monitoring
CTR
Customer Identity Management
Compliance Management
Others

Segment by Application
Tier 1
Tier 2
Tier 3
Tier 4

News and Latest Developments

ThetaRay launches anti-money laundering AI and analytics for the cloud- ThetaRay today announced that its AI-based anti-money laundering (AML) analytics will be available on public and private clouds, including Azure, Google, and AWS.

FIS Launches First in a New Series of AI-Enabled Risk Solutions with C3 AI for Financial Services Industry- Financial technology leader FIS® (NYSE: FIS) today announced the first in a new series of solutions developed in partnership with C3 AI (NYSE: AI) to help capital markets firms tap into the power of their organizational data to increase efficiency and better manage regulatory compliance and risk.

IMX Software launches Anti-Money Laundering solution for foreign exchange transactions- IMX Software, the global leader in banknote trading and travel money technology solutions, today announced the launch of its Anti-Money Laundering software solution for foreign exchange point-of-sale. The solution directly addresses the most recent European Anti-Money Laundering regulations requiring banks and foreign exchange bureaus to perform increased due-diligence in relation to currency transactions at the point of sale. Designed to support rapid information capture, the Anti-Money Laundering solution is also configurable to adapt to a financial institution’s individual Know Your Customer (KYC) policy and can be easily updated to reflect changing regulations.

KEY MARKET BENEFITS FOR STAKEHOLDERS

─The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.

─This report provides an in-depth analysis of the Global Anti-money Laundering Software market to identify the potential investment pockets.

─It outlines the current trends and future scenarios to determine the Anti-money Laundering Software market potential and gain stronger market foothold.

─Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.

─Quantitative analysis of the Anti-money Laundering Software industry from 2015 to 2025 is highlighted to recognize the financial competency of the market.

─Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.

Read Detailed Index of full Research Study at:

https://www.marketinsightsreports.com/reports/11253981785/global-anti-money-laundering-software-market-size-status-and-forecast-2021-2027?Mode=21

What the report purchase provides access to:

– Report in PDF format for all License types
– Report in Excel + PDF format for Team and Corporate Licenses
– Free analyst support for 6 months
– Free report update with the Corporate User License
– 15% free customization equal to 60 analyst hours

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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