Anti-Money Laundering (AML) Software Solution Market: Global Industry Analysis and Opportunity Assessment 2017-2027


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Future Market Insights

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Globally Anti-money Laundering Software Solution market is growing as this software helps financial institution, banks and other enterprises to monitor suspicious transaction and analyze the customer data. AML software solutions operates in various categories such as customer identity management, currency transaction report, and compliance software. Anti-Money Laundering provide real-time alerts and tools to report suspicious actions to maximize security and operational effectiveness. Furthermore, AML offers a fully integrated data model, data warehouse, and data normalization covering all aspects of trading and account activity for enterprises. Anti-Money Laundering Software Solution Market helps enterprises operating in the market to identify the growth opportunities to propel their operations.

Anti-Money Laundering (AML) Software SolutionMarket: Drivers and Challenges

The major driver for Anti- Money Laundering (AML) software solution market are convergence of increased regulations, and regulatory enforcement actions, and next-generation technologies that address Anti-Money Laundering and fraud management across the enterprise. Furthermore, for financial enterprises it has become essential to understand the importance of compliance and to invest in Anti Money laundering technology to reduce the risk factors in business operations.Governments are making Anti-Money Laundering Software Solution compulsory for enterprises to avoid unlawful financing activities.

In contrast to this, due to high cost implementation, issues pertaining to data security and complexity of data interpretation is restraining the Anti-Money Laundering Software Solution Market growth.

Anti-Money Laundering (AML) Software SolutionMarket: Segmentation

Segmentation on the basis of type:

  • Transaction Monitoring Systems
  • Currency Transaction Reporting
  • Customer Identity Management Systems
  • Compliance Management Software

Segmentation on the basis of industry:

  • BFSI
  • IT and Telecommunications
  • Manufacturing
  • Transportation and Logistics
  • Defense and Government
  • Healthcare
  • Retail
  • Energy and Utilities
  • Others

Anti-Money Laundering (AML) Software SolutionMarket: key players

Some of the key players for Speech Anti-Money Laundering Software Solution Market are 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.

Anti-Money laundering Software Solution Market: Regional Overview

Anti-Money laundering Software Solution Market is currently dominated by North America due to the technological advancements in this region.Asia Pacific Anti-Money laundering Software Solution Market is expected to have the highest growth rate during the forecast period.

Anti-Money laundering Software Solution Market Segments

  • Anti-Money laundering Software Solution Market Dynamics
  • Historical Actual Market Size, 2013 - 2015
  • Anti-Money laundering Software Solution Market Size & Forecast 2017 to 2027
  • Value Chain
  • Anti-Money laundering Software Solution Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Anti-Money laundering Software Solution Market Drivers and Restraints

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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